Capital Waste Services, LLC (CWS), a portfolio company of Kinderhook Industries, LLC, announced has acquired Priority-1 Residential, LLC, a municipal collection company in Ridgeville, SC. Priority-1 offers residential waste collection as well as curbside recycling and yard debris collection. Priority-1 represents Capital Waste’s first add-on acquisition and Kinderhook’s 45th environmental services transaction since inception.
Founded in 2005 and headquartered in Ridgeville, South Carolina, Priority-1 was owned and operated by Clint Odom, a waste industry veteran. Under Odom’s ownership, Priority-1 became a leading collection company, utilizing ten trucks to provide hauling services for over 15,000 homes.
Financing for the transaction was provided by Comerica Bank.
Published in the August 2020 Edition