Allied Industrial Partners LLC (AIP), a private equity firm specializing in industrial investments, has announced a significant strategic investment in Waste Eliminator, LLC, a leading waste management and recycling service provider in Metro-Atlanta. The investment, exceeding $150 million, is set to fuel Waste Eliminator’s expansion and enhance its service offerings in the rapidly growing waste and recycling sector.
Waste Eliminator, established in 2006, has become a key player in Metro-Atlanta, offering comprehensive solid waste hauling, disposal, and recycling solutions to commercial, industrial, and government clients. The company is recognized for its two advanced material recovery facilities and its commitment to helping clients achieve their sustainability objectives through efficient waste management and recycling services.
According to Bradford Rossi and Philip Wright, Co-Founders and Managing Partners of Allied Industrial Partners, the partnership with Waste Eliminator and CEO Wes Turner marks an exciting phase for AIP. “We are impressed by Waste Eliminator’s market leadership and are committed to supporting their growth trajectory,” they stated. “With this capital infusion, we are already pursuing strategic acquisitions to integrate crucial disposal and treatment infrastructure, transforming Waste Eliminator into a dominant force in the Metro-Atlanta waste management landscape, focused on sustainable and economically viable waste solutions.”
Wes Turner, CEO of Waste Eliminator, also expressed enthusiasm about the collaboration. “Choosing Allied Industrial Partners was a strategic decision driven by their operational expertise and successful investment history,” Turner commented. “AIP’s resources and network will be invaluable as we scale our operations, broaden our service portfolio, and empower our clients to meet their sustainability goals effectively.”
This investment aligns with Allied Industrial Partners’ investment philosophy of targeting defensive industrial businesses with substantial growth potential. Waste Eliminator’s essential services, combined with increasing demand for waste recycling and sustainable practices driven by corporate and governmental initiatives, positions the company for continued success and expansion.
About Allied Industrial Partners
Allied Industrial Partners (AIP) is a private equity firm focused on operationally driven investments within the industrial sector. AIP targets high-growth companies in defensive industrial subsectors, including industrial services, niche manufacturing, and environmental services. The firm partners with experienced management teams, leveraging its operational expertise to implement buy and build strategies. For more information, visit www.alliedindustrialpartners.com.
About Waste Eliminator
Waste Eliminator is a leading provider of waste management solutions in Metro-Atlanta, offering comprehensive services from collection and removal to recycling and landfill management. Equipped with advanced technology and a robust fleet, Waste Eliminator is dedicated to providing exceptional service and supporting clients in managing their waste streams efficiently and sustainably. For more information, visit www.wasteeliminator.com.
Media Contacts:
Jennifer Hurson
Lambert
845-507-0571
[email protected]
Caroline Luz
Lambert
203-656-2829
[email protected]
