Capital Waste Services, LLC, a portfolio company of Kinderhook Industries, LLC, announced the acquisition of Priority-1 Waste, LLC, a roll-off collection company serving industrial and construction and demolition waste customers in the Charleston market. Priority-1 Waste represents Capital Waste’s second add-on acquisition and Kinderhook’s 48th environmental services transaction since inception.
“Priority-1 Waste allows us to expand our service offering in the Charleston market to include rolloff services for industrial and C&D waste customers. With the recent launch of our Charleston operations, we look forward to growing Priority-1 Waste into permanent roll-off work while also branching off into front-end load waste and recycling collection,” said Matt Parker, Chief Executive Officer of CWS.
“We are excited to further expand the Capital Waste platform through acquisition. The team has done an exceptional job maintaining its industry leading service while broadening its geographical reach and operational capabilities. We expect to continue this growth through both our expansive sales force as well as additional M&A.” said Rob Michalik, Managing Director of Kinderhook.
“I am happy to partner with Capital Waste who has the capabilities and resources to continue our great service for our growing customer base. I am excited to work with Matt Parker and his team post-closing as they continue to excel as leaders in the South Carolina market.” said Dana Arthur, Founder of Priority-1 Waste.