National Waste Management Holdings acquires Northeast Data Destruction and Recycling

National Waste Management Holdings Inc. (National Waste), a vertically integrated solid waste management company headquartered in Hernando, Florida, has acquired Northeast Data Destruction and Recycling LLC, located in Kingston, New York.

The transaction, which closed Dec. 31, 2016, expands National Waste Management's base operations into upstate New York, where the company is responding to customer demand for cardboard recycling and document destruction, hard drive destruction and other data destruction.

"Acquiring Northeast Data Destruction and Recycling extends our reach to Kingston, New York, allowing us to offer roll-off services as we plan future expansion of this location. We are currently searching for a good building—either to buy or move into—that will best suit our needs and the needs of our new client base in the area," says Louis Paveglio, CEO of National Waste Management. "The acquisition enables our sales team to offer the additional services in both locations, and at the same time enables us to trim overhead costs."

National Waste Management says its acquisition strategy calls for at least one acquisition per quarter, subsequently diversifying revenue streams.