Nonantum Capital Partners, a prominent middle-market private equity firm, has announced its strategic acquisition of LJP Waste Solutions, a leading regional provider specializing in non-hazardous solid waste and innovative recycling services. This acquisition marks a significant expansion for Nonantum, reinforcing its commitment to investing in companies with strong growth potential and sustainable business models. LJP Waste Solutions, known for its zero landfill and waste-to-energy solutions, represents a valuable addition to Nonantum’s portfolio, aligning with the firm’s focus on partnering with businesses poised for significant equity value creation.
Founded in 2018, Nonantum Capital Partners distinguishes itself as a Boston-based private equity firm with a focus on fostering growth in middle-market companies. Spinning out from Charlesbank Capital Partners, Nonantum’s experienced team targets family and founder-owned businesses, corporate carve-outs, and complex situations that demand a collaborative partnership approach. Their investment philosophy centers around creating substantial equity value by leveraging operational expertise and strategic guidance. Nonantum seeks companies where personal partnership is not just valued but is critical for unlocking the next phase of growth. For businesses seeking a partner to navigate complex market dynamics and accelerate expansion, Nonantum Capital Partners offers a compelling proposition.
The acquisition of LJP Waste Solutions from Aperion Management is a testament to Nonantum’s strategic investment approach. LJP, established in 1993, has built a strong reputation as an innovative and sustainable waste disposal solutions provider. The company’s expertise lies in working directly with clients to evaluate waste streams and implement recycling and waste-to-energy conversion methods, significantly reducing landfill reliance. Under the guidance of its experienced management team, LJP has expanded its service area and strengthened its market position through strategic acquisitions across the Midwest. This growth trajectory and commitment to sustainability made LJP Waste Solutions an attractive target for Nonantum Capital Partners.
Steve Metz, CEO of LJP Waste Solutions, expressed enthusiasm about the partnership, stating, “We are excited to embark on this new chapter with Nonantum Capital Partners. Their industry experience and track record in scaling businesses make them the ideal partner to support our continued growth and sustainability initiatives.” Jon Biotti, Managing Partner at Nonantum, echoed this sentiment, highlighting LJP’s strengths: “LJP Waste Solutions brings a robust business model and a strong commitment to sustainable practices, which are key differentiators in the waste management industry. We look forward to collaborating with the management team to further expand their reach and enhance their service offerings in both zero landfill and traditional waste management solutions.”
This acquisition is poised to propel LJP Waste Solutions into its next phase of growth, backed by the resources and expertise of Nonantum Capital Partners. The partnership will focus on further expanding LJP’s geographic footprint and enhancing its innovative waste management services. For Nonantum Capital Partners, this acquisition strategically diversifies their portfolio while investing in a company that champions environmental responsibility and sustainability within the essential waste management sector. The collaboration signals a strong commitment to fostering growth and innovation within LJP, ensuring continued delivery of cutting-edge, environmentally conscious waste solutions.
About Nonantum Capital Partners
Nonantum Capital Partners is a Boston-based middle-market private equity firm founded in 2018. The firm invests in family and founder-owned businesses, corporate carve-outs, and complex situations. Nonantum focuses on companies where strong partnerships can drive significant equity value creation. More information can be found at http://nonantumcapital.com/.
About LJP Waste Solutions
LJP Waste Solutions, founded in 1993, is an environmental services company committed to zero landfill solutions. LJP partners with residential, commercial, and manufacturing clients to achieve sustainability goals through recycling and waste-to-energy conversions. For more details, visit https://www.ljpwastesolutions.com/.
