Waste Dive’s Post

Tecum Capital is excited to announce its investment in Long Island Waste Services Llc. LIWS is a vertically integrated solid waste hauling company servicing commercial, residential, and industrial customers. Founded in 2020, LIWS’ comprehensive services encompass efficient waste collection, state-of-the-art transfer stations, materials recovery facility and environmentally responsible disposal. LIWS specializes in materials processing and commodities recycling where various recyclables such as cardboard, paper, metals and construction materials are recovered for resale or alternatives applications.  Tecum and Patriot Capital supported a #recapitalization led by Terramont Infrastructure Partners, partnering with the founders and management team. Dickson Suit of Environmental Services Investors served as an advisor for LIWS, and Comerica Bank provided senior debt financing for the transaction. LIWS has a strong and experienced management team, led by Anthony Avellino, President and CEO, who has been instrumental in the Company’s huge growth and expansion over the last three and a half years achieved through the acquisition of several waste management service companies as well as the expansion of the Company’s service capabilities. Anthony Avellino commented, “We have invested significant capital into the LIWS platform, and the Company is now well positioned for continued growth.” Matt Harnett, Partner at Tecum stated, “We’re extremely excited to be backing the LIWS team through its next phase of growth”. Husnain Safdar, Senior Vice President at Tecum added, “The business has compelling fundamentals with great company culture and market reputation. We’re excited about our partnership with management and Terramont and further building upon Tecum’s experience investing in waste and environmental service businesses”. Matt Harnett, Husnain Safdar, and Carter Henderson led the investment at Tecum.  See more here https://lnkd.in/eU53Jjaw #environmentalservices #waste #wastemanagement #privateequity #investment #recycling

New: Infinity Water Solutions, an Austin-based water recycling company, wants to invest $75M worth of infrastructure in Southeast New Mexico. That's on top of the $30M the company's already put into facilities in New Mexico's Eddy and Lea counties. Michael Dyson, Infinity's CEO, said recent New Mexico initiatives, like the state's $500M strategic water supply, give companies like his "a level of stability" for investing here. More on Infinity and its New Mexico plans are in the full story. https://lnkd.in/gwDE3en6

Exciting developments in the construction and waste management sectors! As the article on Bulk Exchange states, “Landfill operators, recyclers, and materials suppliers leverage the digital tool as a sales and marketing arm. They list materials they accept or sell, gate prices, and their recycling rates, among details potential customers look for.” This platform is transforming how contractors connect with waste management services, promoting efficiency and sustainability. Check out the full article to learn more! #WasteManagement #Constructiontech #BulkExchange

Waste firm adds city #jobs with £300,000 Port of Aberdeen contract Waste management and recycling company EIS Waste Services Ltd has won a £300,000 contract to help Port of Aberdeen achieve its #netzero ambitions. The three-year contract will see EIS Waste Services Ltd provide collection services across Port of Aberdeen’s estate, from visiting #vessels to office facilities. The port aims to become the UK’s first net zero port by 2040 and the new contract will support the reduction of its emissions. This is because the waste will be sent to EIS’ purpose-built transfer station facility at Checkbar on the outskirts of Aberdeen, near Cove, which is fully powered by #renewable #energy. Its system of recycling and #energy production allows a 100% diversion from landfill solution. Neil Sharp, EIS Waste Services Ltd managing director, said: “This partnership with Port of Aberdeen marks a significant milestone for us, emphasising our commitment to a sustainable future. “Through the delivery of our comprehensive waste management and recycling services, we aim to support Port of Aberdeen in its journey towards net zero.” Carbon reduction aims EIS, which has 108 staff, has recently taken on two additional drivers to meet the demands of the contract. The company, which was founded in 1974, is currently trialling a fully #electric Volvo skip truck as part of its carbon reduction plans in a move EIS claims to be the first of its kind in Aberdeen. Undīne Belle Sierina, Port of Aberdeen environmental manager, said: “Effective waste management and recycling is an important strand of our net zero strategy. “We look forward to working with EIS Waste Services Ltd and identifying opportunities to enhance our #environmental and sustainability activities.” EIS works with clients across #energy, #commercial, #education, #healthcare, #retail, #leisure and #construction sectors. The firm also provides domestic skip hire. Last year Port of Aberdeen became the first port in the UK to commit to #netzero operations by 2040. Unlike other ports, its carbon-busting efforts – backed by a 10-year £55m investment – cover emissions from visiting ships.

All About Citywide Waste Management In Melbourne How does Waster help Melbourne businesses with their waste and recycling needs? Read our blog and learn about our citywide waste management. https://hubs.la/Q02tK1LG0 #citywidewastemanagement #melbourne #wastemanagement #Waster

Biffa to acquire five UK municipal waste contracts. Biffa has agreed to acquire Renewi’s UK municipal business, including five long term waste treatment contracts. Michael Topham Argyll and Bute Council Wakefield Council Cumbria County Council #wastetreatment #wastemanagement #wastedisposal #climatechange #climatecrisis #climateaction #climatesolutions #netzero #sustainability

Sweeptech is delighted to announced its acquisition of Go Plant, a renowned player in the waste management industry. This strategic move solidifies our position as the sole national provider of road sweeping and waste management services, marking an important milestone in its continued expansion and reinforcing its commitment and environmental stewardship. The move will benefit Go Plant’s existing customers, with enhanced service levels due to Sweeptech’s innovative approach to waste management, patented road sweeping receptor plant and a track record of excellence in compliance and environmental leadership. The acquisition of Go Plant aligns seamlessly with Sweeptech's business strategy for national coverage, enabling the company to offer best-in-class services to its Tier 1 customers across the UK. By integrating Go Plant's operations, Sweeptech now boasts a network of depots spanning the North East, North West, Yorkshire, The Midlands, London, the South, and South East, providing unparalleled support to clients nationwide. Martin Smith, CEO of Sweeptech, said: "We are thrilled to announce the acquisition of Go Plant, which marks a significant milestone in our journey towards becoming a truly national waste management company. This strategic move not only enhances our ability to serve our customers with excellence but also underscores our unwavering commitment to environmental sustainability and regulatory compliance." Sweeptech brings with it a reputation for excellence in Environmental, Social, and Governance (ESG) reporting, a critical aspect of modern business operations. With sustainability and regulatory compliance at the forefront of Sweeptech's priorities, the acquisition will introduce enhanced ESG reporting benefits to all existing Go Plant customers. "We are excited about the opportunities that lie ahead as we integrate Go Plant into the Sweeptech family," added Smith. "Together, we will continue to innovate, drive positive change and set new standards of excellence in waste management." #wastemanagement #acquistion #roadsweeping #roadsweepingwaste #expansion #sweeptech

The collaboration between Tex Cycle and Econas Resource will see the efforts on enhancing eco-efficiency in waste management

Ever thought of waste management as a goldmine? Our latest commentary looks at the untapped potential of waste services and the companies leading the way. https://lnkd.in/g9ESdATp #InvestmentInsights #WasteManagement #SmallCapInvesting