Stella Environmental Acquires Rackleff Enterprises
With the acquisition, Stella expanded its geographic footprint, diversified its customer base and strengthened its existing facility management, hauling and loading capabilities.
Houston-based Stella Environmental Holdings, Inc., a Hidden Harbor Capital Partners portfolio company that provides transfer station management and municipal waste logistics services, has acquired Statesboro, Ga.-based Rackleff Enterprises, LLC, expanding its geographic footprint, diversifying its customer base and strengthening its existing facility management, hauling and loading capabilities.
“This acquisition strengthens our position in the transfer station management industry by expanding our reach and deepening our capabilities,” said Wilfred Roth, CEO of Stella Environmental, in a statement. “Rackleff’s operational expertise and steadfast commitment to its customers align strongly with Stella’s core values, and its leadership position in the Southeast will help drive our continued growth.”
Rackleff, which operates seven transfer stations in the Southeast, is a highly regarded transfer station management company with a 13-year track record of delivering exceptional service and results to its strong customer base in the municipal solid waste industry.
“Rackleff has developed a great relationship with the Stella team over the past couple years, and we are excited to join such a strong, well-respected company,” said Kevin Rackleff, president of Rackleff, in a statement. “Joining a larger platform will allow us to pursue additional growth opportunities and gain operational efficiencies, while continuing to exceed our customers’ expectations.”
About the Author
You May Also Like