Capital Waste Grows Further in the Midlands with Acquisition of Superior Sanitation
August 18, 2020
Columbia, SC – Capital Waste Services, LLC (“Capital Waste” or “CWS”), a portfolio company of Kinderhook Industries, LLC (“Kinderhook”), announced the acquisition of Superior Sanitation, Inc., of S.C. (“Superior Sanitation” or the “Company”), a residential collection company in Kershaw County servicing 1,700 subscription customers. Superior Sanitation represents Capital Waste’s third add-on acquisition and Kinderhook’s 49th environmental services transaction since inception.
“Superior Sanitation expands our residential collection service coverage into a new county. We are excited to add another operating hub for our growing company as our sales team continues to ramp up marketing efforts across South Carolina.” said Matt Parker, Chief Executive Officer of CWS.
“We are excited to further invest in the Capital Waste platform, growing the Company’s regional presence. With additional investment in Superior’s fleet and equipment, we will continue to provide the best service to our growing customer base.” said Rob Michalik, Managing Director of Kinderhook.
“Having owned the business for 36 years, we are excited to sell to a company that prioritizes customer service. We know Matt and his team will keep our customers satisfied as CWS expands its reach into Kershaw County.” said Denise Dunlap, owner of Superior Sanitation.
Financing for the transaction was provided by Comerica Bank.
About Kinderhook Industries
Kinderhook Industries, LLC is a private investment firm that manages over $3.1 billion of
committed capital. We have made in excess of 240 investments and follow-on acquisitions since inception. Kinderhook’s investment philosophy is predicated on matching unique, growth-oriented investment opportunities with exceptional financial expertise and our proprietary network of operating partners. Our focus is on middle market businesses with defensible niche market positioning in the healthcare services, environmental / business services, and automotive / light manufacturing sectors. We have a track record of successfully and consistently building industry leaders.
For more information, please visit: www.kinderhook.com
About Capital Waste Services, LLC
Headquartered in Columbia, South Carolina, Capital Waste is a leading regional provider of solid waste hauling services for residential, commercial and industrial waste generators. The Company operates four hauling locations in Camden, Ridgeville, Columbia, and Florence. Capital Waste currently services over 50,000 residential customers across seven long-term municipal contracts as well as over 3,400 commercial, industrial, and construction and demolition waste customers.
For more information please visit: www.capwasteservices.com
For additional information about this transaction, please contact:
Rob Michalik
Managing Director
+1 (212) 201-6789
[email protected]
Cor Carruthers
Managing Director
+1 (212) 201-6799
[email protected]
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