Valet Living, Tampa, Florida, a full-service amenities provider to the multifamily housing industry, has acquired WasteRetriever LLC, Jacksonville, Florida, a waste and recycling collection company.
Valet Living and WasteRetriever align on core values, Valet Living says in a news release. Valet Living’s leadership standards include developing talent, driving growth and scalability and embracing servant leadership—a leadership philosophy in which the leader’s main goal is to serve.
“When we are searching for strategic acquisitions, we greatly weigh how a company fits within Valet Living’s beliefs and values because our people are most important to us,” says Shawn Handrahan, president and CEO of Valet Living. “We’ve looked at a lot of companies and WasteRetriever stood out to us because of its commitment to quality, servant leadership and its dedication to sustainability.”
WasteRetriever services approximately 30,000 apartment homes in nine states, all of which will move to the Valet Living portfolio. WasteRetriever’s approximately 150 associates, including John Lis, the company’s founder, will transition to become Valet Living associates.
“We are proud that Valet Living chose to acquire WasteRetriever out of the many doorstep collection providers to the multifamily industry,” Lis says. “Our goal has always been to provide quality service to our clients and residents, maintained by the highest level of client and resident support. We feel confident we will transition seamlessly into Valet Living.”
Valet Living says it believes the acquisition will further enhance its national presence and increase strong synergies in its primary markets, given WasteRetriever’s presence in Arizona, Colorado, Florida, Georgia, Kentucky, Maryland, North Carolina, South Carolina and Texas.
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