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Southeastern Solid Waste Company Funded for Growth
October 17, 2002
1 Min Read
Lynn Schenkman
Jacksonville, Fla. – Advanced Disposal Services Inc. has secured a $52 million private equity investment from PNC Equity Partners, Pittsburgh. New York Life and ABS Capital Partners, Baltimore, also have contributed. Additionally, Advanced has expanded its credit facility to $35 million. The company plans to use the financing to add to its hauling and disposal operations throughout the Southeast.
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