National Waste Management Holdings, Inc., a growing and emerging vertically integrated solid waste management company, has acquired Burts Refuse LLC, continuing its commitment to completing one acquisition per quarter.
Burts Refuse is a waste disposal and recycling business located in West Davenport, New York. The acquisition of the company, which closed February 28, 2016, increases National Waste’s territory for commercial and residential garbage collection in Upstate New York, as well as expands its roll-off customer base and business relationships. Additionally, the acquired trucks, equipment and containers fortify National Waste’s existing line of equipment.
The transaction is a direct tuck-in of operations in which National Waste will not absorb the overhead of Burts Refuse, allowing for expected EBITDA numbers in the 45 percent range of carved-out operations.
Published in the May 2017 Edition of American Recycler News
