Titan Environmental Solutions Inc. has successfully closed on its acquisition of Standard Waste Services, LLC, a waste management company based in Detroit, Michigan that provides commercial and industrial waste and recycling services throughout the greater Detroit metro area.
Standard was founded in 2017 to provide contracted commercial roll-off and front-load waste services, including dumpster compactor rentals, to customers principally in the Southeast Michigan market. Standard operates approximately 20 waste collection vehicles servicing over 750 profitable, commercial and industrial customers. These customers, combined with Titan’s existing customers, represents approximately $17M of top-line revenue for 2023.
“We are excited to have completed the Standard acquisition and look forward to integrating the business and team with our current Titan operations in the Greater Detroit market. We will offer our commercial and roll-off services under the Standard Waste name,” said Glen Miller, chief executive officer of Titan Environmental Solutions. “This acquisition provides us with additional scale in the marketplace providing what we believe to be significant operating synergies.