Acquisitions, Mergers & Partnerships
Allied Industrial Partners LLC (AIP), an industrial focused private equity firm, has made a strategic investment in Wall Recycling, LLC, a regional provider of solid waste hauling, disposal and recycling services for municipal, commercial and industrial waste generators throughout North Carolina.
The company will continue to be led by its founder and chief executive officer Dan Wall.
Founded in 2006, Wall Recycling has established itself as one of the most complete recycling businesses in the Research Triangle and one of the leading waste management companies in North Carolina with over 13 locations across the state.
Their streamlined recycling and waste services include front-end load, rear-load, roll off collection, critical transfer and disposal infrastructure. In addition, Wall provides recycling facilities that service municipal, commercial and industrial clients throughout the state.
Wall Recycling marks AIP’s largest investment to date and is its second platform in the waste and recycling sector, having announced the acquisition of Waste Eliminator in June, while also supporting Waste Eliminator’s two add-on acquisitions in July. AIP applies a thematic investment approach focused on defensive industrial businesses that are poised for accelerated growth.
The terms of the transaction were not disclosed.
Published in the December 2022 Edition