Superior Waste Industries, LLC, a Shawnee, OK-based environmental services holding company, completed its second acquisition by acquiring Harley Hollan Companies, a solid waste management company offering commercial collection services, industrial / construction roll-off services, recycling, and a transfer station in Tulsa, OK.
“Adding Harley Hollan Companies to the Superior platform is a key piece of our strategy to be the leading independent waste company in Oklahoma by adding additional services and geographic coverage,” said Billy Dietrich, Superior’s CEO. Dietrich continued, “We are very impressed with what Harley [Hollan] and his family have accomplished and see them as ideal partners for us as we continue to grow.”
“I am excited to partner with Billy and the Superior USA Waste team,” said Harley Hollan, the founder of Harley Hollan Companies. Hollan added, “Partnering with Superior will enable us to significantly expand our service offering in the Tulsa market while providing our employees significant growth opportunities as well.” Harley Hollan made a significant investment in Superior as part of the transaction, and he will continue to manage the Harley Hollan operations.
Superior intends to be the “partner of choice” for waste industry entrepreneurs seeking growth capital or to transition their businesses. Superior partnered with Red Dog Equity LLC, an Atlanta-based private equity firm, which, through its partnership with Monroe Capital and Tom Pritzker’s family business interests (advised by The Pritzker Organization), has additional equity capital available to fund Superior’s future acquisitions. Monroe Capital also provides debt financing to Superior.