Keter Environmental Services, a leading recycling and waste management company owned by TPG, and Waste Harmonics, a national technology-enabled managed waste service provider backed by global alternative investments firm Arcapita, today announced that the companies have signed a definitive agreement to combine the two companies.
Following the close of the trans-action, Keter chief executive officer Kevin Dice will serve as chief executive officer of the combined company. Waste Harmonics’ founder and chief executive officer, Mike Hess, will assume the role of executive chair-man and Keter founder and president, Steve Schlussel, will continue in his role as president. With deep industry experience, both Hess and Schlussel will remain active in supporting the combined company’s growth strategy under Dice’s leadership.
Similar to Keter, Waste Harmonics leverages a national network of haulers and proprietary technology to coordinate, manage, and optimize its customers’ waste and recycling programs. Together, Keter and Waste Harmon-ics will service nearly 70,000 business locations for 750 customers across a wide range of industries.
