Meridian Waste Acquisitions, LLC, a non-hazardous, integrated solid waste services company, announces that the company has acquired the stock of Evergreen Environmental Partners Holdings, LLC and ADSI Holdings, LLC effective September 1, 2024. The two entities were holdings of BTG Pactual Strategic Capital. The acquisition expands Meridian Waste’s operational footprint within the Southeast, adding a MSW landfill, a transfer station facility and additional third-party transfer station operations as well as hauling, administrative and maintenance facilities servicing commercial, industrial and residential contracts throughout Alabama and Mississippi.
The acquisition will result in both strategic and financial benefits to the company and its private shareholders. These acquisitions bring a network of high quality assets into Meridian Waste’s Southeast environmental services portfolio. The Meridian Waste management team has demonstrated great success in acquisition integration by improving upon and growing acquired asset margins and cash flow and will continue to do so with this multi-state acquisition.
Specific assets comprised within the stock purchase include the Noble Hill MSW Landfill and EEP Transfer Station in the greater Huntsville, Alabama marketplace, 50+ municipal contracts (including exclusive residential collections and transfer station hauling operations) and commercial and industrial accounts serviced throughout Alabama and Mississippi.
This will be Meridian Waste’s 30th acquisition since the company transitioned to private stock under the ownership of Warren Equity Partners (WEP) in April 2018.
