Coastal Waste & Recycling Acquires Pro Disposal USA
Coastal Waste & Recycling Inc. (Coastal) has acquired Pro Disposal USA, LLC (Pro Disposal).
Brown Gibbons Lang & Company (BGL) facilitated the sale. The specific terms of the deal were not disclosed. Coastal is a portfolio company of Macquarie Asset Management (MAM), an asset management arm of the Australian bank Macquarie Group Limited
Founded in 2007 by Alex Cano, Pro Disposal has established itself as a vertically integrated solid waste management solutions provider in the greater Lowcountry markets from Savannah, GA to Charleston, SC. With a strategic focus on vertical integration and geographic expansion, the company has grown to become one of the largest independently owned waste management firms in the southeastern United States.
Pro Disposal's comprehensive range of end-to-end waste management services, including residential collection, commercial front-load, roll-off, and processing, has earned it a strong reputation among municipal, commercial, and industrial customers for its commitment to quality, safety, and sustainability.
Coastal Waste & Recycling, headquartered in Boca Raton, FL, operates as one of the largest waste management firms in the southeastern U.S., serving over 450,000 customers across Florida and Georgia. The company operates a vast fleet of more than 425 collection and support vehicles, along with 18 facilities spread across three states.
The acquisition of Pro Disposal marks a significant milestone for Coastal as it further expands its reach into multiple high-growth markets across the southeastern United States. Earlier in June, BGL had also acted as the financial advisor to Coastal Waste & Recycling during its recapitalization by Macquarie Asset Management.
The transaction signifies a win-win situation for both parties involved, bolstering Coastal's presence and capabilities while allowing Pro Disposal to leverage Coastal's extensive resources and regional expertise.
Source: BGL
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