Meridian Waste Purchases Roll Off Assets from Rapid Response Inc.
September 3, 2020
St.Louis, Mo., Sept. 1, 2020 – Meridian Waste Missouri, LLC, a subsidiary of Meridian Waste, an integrated, non-hazardous solid waste services company, is announcing the asset acquisition of all roll off trucks, containers, and contracts from Rapid Response, Inc. located in Wentzville, Mo. effective September 1st. The roll off assets and associated CDL drivers will be relocated to Meridian Waste’s existing hauling and transfer station operations located at 17900 Veteran’s Memorial Parkway in Foristell, Mo
“Tuck in acquisitions, such as this asset purchase from Rapid Response, is ideal for our St. Louis marketplace operations,” stated Bob Mathis, Area President – Missouri. “The team of professional CDL drivers is a welcome addition to our Meridian waste team and the additional customer base will not only grow our overall operations and revenue line, but it will also help densify our routing and increase profitability resulting in improved margin enhancement. It’s a strategic win for Meridian Waste, the customers and Rapid response as that company will continue to focus on its continuing business of tractor trailer transportation and other delivery services.
This asset purchase marks the 12th acquisition since the Company transitioned to private stock under the ownership of Warren Equity Partners (WEP) in April 2018.
About Meridian Waste
Headquartered in Charlotte, N.C., Meridian Waste is a company defined by its commitment to servicing its customers, caring for and engaging its employees, and generating financial value for its shareholders while delivering a clean and healthy community. The company’s core waste business is centered on residential, commercial, and industrial non-hazardous waste collection and disposal. Currently, the company operates in St. Louis, Mo., Richmond, Va., Blacksburg, Va., Augusta, Ga., Northeast Fla., Knoxville, Tenn., and Raleigh, N.C., servicing more than 96,651 residential, commercial, industrial and governmental customers. In addition to a fleet of commercial, residential, and roll-off trucks, the company operates seven transfer stations/materials recycling facilities (MRFs), three municipal solid waste landfills, and three C&D landfills in which 810,325 tons of waste are safely disposed of annually. For more information, visit MeridianWaste.com.
Contact:
Mary O’Brien
(904) 616-5322
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