Nonantum Capital Partners, a middle-market private equity firm, announced the acquisition of LJP Waste Solutions from Aperion Management. LJP is a leading regional provider of non-hazardous solid waste and recycling services that specializes in zero landfill and waste-to-energy solutions. Founded in 1993, LJP provides innovative and sustainable disposal solutions, working directly with customers to conduct waste evaluations and determine waste streams that can be recycled or converted to fuel using waste-to-energy methods. In recent years, the company’s experienced management team has expanded its geographic footprint by servicing additional customer locations and making strategic acquisitions in the Midwest.
Given Nonantum’s industry experience and successful track record of acquiring, growing, and scaling businesses, the firm became the partner of choice for LJP’s management team. “At LJP, we’ve come a long way in the past 29 years, and we’re excited to see the new heights we will reach with support from our new partner,” said LJP Waste Solutions CEO Steve Metz. “Since our doors opened, we’ve worked closely with our customers to provide innovative waste solutions while working towards a more sustainable future, and we’re looking forward to continuing that work with Nonantum.”
“Our team is excited to welcome LJP Waste Solutions to the Nonantum portfolio and partner with the management team on the continued expansion of zero landfill and traditional waste management services,” said Nonantum Managing Partner Jon Biotti. “LJP has a strong business model, and the company’s sustainable solutions are a key differentiator in the waste management sector.”