Coastal Waste & Recycling Adds Sixth MRF with Acquisition of AFS Recycling

Coastal Waste & Recycling has finalized a series of acquisitions, expanding its presence in portable restroom services and adding a sixth material recovery facility to its portfolio.

The Boca Raton, Fla.-based waste and recycling company completed the purchases of S&S Waste, a Palm Beach County grapple; In and Out Portables, a portable restroom company; and AFS Recycling.

"We are excited to bring the vast experience the S&S team has in the grapple business to further enhance our customer experience in the construction and demolition hauling sector," said Brendon Pantano, CEO of Coastal Waste & Recycling.

The acquisition of Fort Myers, Fla.-based AFS Recycling adds a sixth MRF to Coastal's portfolio. Pantano commented that the combination will accelerate opportunities for the company's commercial customer base.

"The addition of AFS Recycling allows us to internalize a significant portion of the waste collected by our team on Florida's southwest coast," he stated.

Financial details about the transactions were not disclosed.

In August, Coastal Waste & Recycling announced its expansion in South Carolina with the acquisition of Pro Disposal LLC.

Macquarie Asset Management (MAM) acquired majority ownership of Coastal in June 2023.

The company launched in 2017 as a venture between Brendon Pantano, Summer Street Capital and Concentric Equity Partners.