EcoSouth Services, LLC, a portfolio company of Kinderhook Industries, LLC has acquired Desoto Recycling and Disposal, LLC (DRD) and Gabbert Waste Solutions, LLC (GWS), collectively, a vertically-integrated waste company consisting of the DRD Landfill, the GWS Transfer Station, and complementary hauling services located in central and southwestern Florida.
The acquisition of DRD and GWS represents the third add-on acquisition for EcoSouth and Kinderhook’s 56th environmental services transaction since inception. Financial terms of the transaction were not disclosed.
“Over the years, we have built a dynamic, vertically-integrated company at DRD and GWS that contemplates the full waste collection cycle,” said Jim Gabbert, president of Desoto Recycling and Disposal. “We are ecstatic to partner with Kinderhook, Jeff Claunch, and the team they have assembled at EcoSouth to focus on the next phase of growth.”
“The landfill assets of DRD along with the transfer station and hauling services of GWS enable EcoSouth to enter the growing Florida market with a well-established operational base and a clear and exciting runway,” said Jeff Claunch, chief executive officer of EcoSouth. “We are very happy to own these assets and are excited about the prospect of building out our Florida operations further.”
Published in the August 2021 Edition