Meridian Waste, Charlotte, North Carolina, announced May 10 it closed on the purchase of Eco Waste Services Inc. in the greater Greenville, South Carolina, marketplace.
The acquired assets from Eco Waste Services include a hauling facility in Powdersville, South Carolina, and commercial contracts in Anderson, Cherokee, Laurens, Greenville, Oconee, Pickens and Spartanburg counties. In addition to waste and recycling collection, the acquisition includes new construction site service lines of business for Meridian Waste with portable restrooms, temporary fencing, portable storage and portable offices.
“The Eco Waste acquisition comes on the heels of two other Greenville acquisitions we completed in February 2021. This furthers our ability to maximize efficiencies in the marketplace from an operational scale and disposal optimization,” Walter “Wally” Hall, CEO of Meridian Waste, says. “The hauling facility acquired as part of the purchase will allow us to consolidate resources obtained in prior acquisitions. We will accomplish critical integration within operations, maintenance and back-office support, allowing us to fast-track our growth in the dynamic Greenville-Spartanburg marketplace. We wish to welcome our new team members and customers who are joining us as we uphold the impeccable service that Eco Waste has provided for the last 10 years.”
Former Eco Waste Services owner Gary Seymore and the employees of the organization have transitioned to the Meridian Waste team upon closing of the acquisition.
“On behalf of our Eco Waste family, we’re excited to join the Meridian Waste team,” Seymore says. “We share similar values and the same commitment to quality and excellence. I am confident that together, we can be an even stronger environmental services provider in the Greenville marketplace.”
The terms of the asset purchase agreement remain private. This marks Meridian Waste’s third acquisition in South Carolina and the 18th acquisition since the company transitioned to private stock under the ownership of Jacksonville Beach, Florida-based Warren Equity Partners (WEP) in April 2018.
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