EcoSouth Florida acquires A Waste and Recycling

A regional provider of solid waste hauling, transfer and disposal services, Sarasota, Florida-based EcoSouth Florida has announced the acquisition of A Waste and Recycling Inc., a Sarasota-based roll-off waste collection company with a transfer station.

EcoSouth is a portfolio company of New York-based investment firm Kinderhook Industries LLC, which says the acquisition of A Waste is its 91st environmental/business services transaction since its inception.

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“This acquisition expands our presence and capabilities in Sarasota, a key and growing market for us,” EcoSouth Chief Executive Officer Joe Burkel says. “We will be partnering with A Waste CEO and founder Roger Alvarez post-close, who brings a wealth of knowledge and experience to our team. We are grateful to take over what Roger has built and expand the company’s presence in the region while continuing to provide excellent service to our customers. Our team is dedicated to driving growth and success for our company, and we are excited to see what the future holds.”

Akin Gump Strauss Hauer & Feld LLP served as legal counsel to EcoSouth. Financing for the transaction was provided by Comerica Bank. Financial terms of the transaction were not disclosed.

“We remain eager to pursue new opportunities throughout Florida and further build out this platform,” Kinderhook Managing Director Corwynne Carruthers says. “EcoSouth Florida continues to look for acquisitions across the solid waste value chain including hauling, transfer and landfill assets. We will continue to deploy capital behind Joe and his team who have demonstrated an ability to quickly and efficiently integrate as well as grow these acquired businesses.”

EcoSouth currently provides waste hauling services in and around Sarasota, and also owns eight disposal facilities consisting of five transfer stations and three landfills. It will take over A Waste’s full service transfer station that accepts construction and demolition debris, Class III waste, yard debris, concrete and dirt.