Waste Connections acquires Colorado waste company

Waste Connections has acquired Spring Waste Systems, the last remaining locally owned company among the four largest trash haulers in the Colorado Springs area, reports The Gazette.

The Toronto-based company bought Spring Waste Systems and trash companies in Baily, southwest of Denver, and in Omaha, Nebraska, last month from the Shrader family. Terms of the transaction were not disclosed.

According to The Gazette, the deals make Waste Connections the largest waste disposal company in the Colorado Springs area, employing 167 people to serve 75,000 residential customers on 90 routes.

“[Springs Waste Systems] is a great company. We are excited to make it a little bit better by installing our culture and values that safety comes first. We operate in a decentralized structure, so decisions in the Colorado Springs market are made here," said Ty Tostenson, district manager for Waste Connections in Colorado Springs. "We are thankful that the Shraders decided to sell to us. I'm sure they had multiple options and we are glad they chose us."

Waste Connections plans to formally notify Springs Waste Systems customers of the sale by the end of the month and complete the integration of the two operations by early in the second quarter, said Paul Breiterman, assistant district manager in Colorado Springs for Waste Connections.

The company plans to operate from both its own office in eastern Colorado Springs and the Springs Waste Systems office in southern Colorado Springs to improve efficiently by reducing the travel distance to customer homes.

The Gazette reports the Shrader family, which includes Mike, Mark, Dan and Darren Shrader, started Springs Waste Systems in 2000 after selling a trash company they owned in the Lincoln and Omaha areas of Nebraska to Waste Connections.