Meridian Waste, an integrated nonhazardous solid waste services company based in Knoxville, Tennessee, has acquired waste disposal company Total Garbage LLC, effective Aug. 1.
Acquired assets from Total Garbage, also based in Knoxville, include roll-off trucks, roll-off containers and corresponding commercial permanent and temporary contracts. Meridian Waste will transfer the assets and operate out of its existing hauling location at 6236 Rutledge Pike in Knoxville.
The company says the acquisition helps to densify its collection routes and to build construction and demolition (C&D) debris volumes in its Poplar View and Riverside landfills.
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“Meridian Waste’s Knoxville, Tennessee, marketplace operations continue to outperform financial expectations year over year in part due to tuck-in acquisitions such as Total Garbage,” says Larry Seivers, Meridian Waste’s area president for Tennessee. “Our team of drivers, mechanics and office personnel are unbeatable when it comes to servicing our customers with exceptional care. The opportunity to incorporate the assets and personnel of Total Garbage within our culture and expand our team to reach a greater number of customers is especially rewarding to me and the company.”
Meridian Waste provides residential, commercial and industrial non-hazardous waste collection and disposal services in Florida, Missouri, North Carolina, South Carolina, Tennessee and Virginia. In addition to a fleet of commercial, residential and roll-off trucks, the company operates 14 hauling companies, five transfer stations/materials recycling facilities, two municipal solid waste landfills and four C&D landfills.
The terms of the asset purchase agreement were not disclosed. The acquisition was Meridian Waste’s 29th since the company transitioned to private stock under the ownership of Warren Equity Partners in April 2018.
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