Broadview Group acquires Certified Waste Solutions

Broadview Group Holdings LLC, a direct middle-market investment company based in St. Louis, announced it acquired Certified Waste Solutions in conjunction with EXI Investment Partners (EXI), management and other co-investors. The terms of the transaction were not disclosed.  

"Thanks to Certified's existing leadership team and legacy in their markets, the company has earned a fantastic reputation among its existing suppliers and customers,” says Clay Hunter, co-founder and CEO at Broadview. "Certified will continue to benefit from the increasing use of recovered paper in containerboard production throughout the world, increasing recycling regulations and positive trends in corporate sustainability goals. In response to the changing macro-environment, Certified established its waste solutions offering to help companies navigate ever-changing waste regulations and ESG initiatives."   

Founded in 1977, Certified has more than four decades of expertise providing commercial and industrial recycling and waste solution services in Southern California. With processing facilities in Anaheim, California, and San Diego, the company collects recovered paper from a diverse set of blue-chip suppliers in commercial and industrial end markets.   

Broadview says the company also provides holistic waste management consulting services for industrial, office, and retail customers aimed at diverting landfill waste, adhering to local regulations and attaining zero waste initiatives.  

"The teams at Broadview and EXI bring tremendous investing experience, support and resources to the table to help us accelerate our growth," says Justin Dalton, Certified's CEO. "Both groups share our strategic vision to grow Certified via initiatives to further create value for our suppliers and customers while also pursuing strategic acquisitions. Building something special can take time. Broadview's permanent capital base and resulting long-term and flexible approach were clear differentiators as we thought about the ideal profile for our next partner." 

Editors Note: Waste Today has reached out to Certified Waste Solutions for additional comment.