Meridian Waste acquires Trash or Treasure LLC

Meridian Waste, a Charlotte, North Carolina-based integrated nonhazardous solid waste services company, announced April 1 it has closed on the purchase of a new acquisition in the Harrisonburg, Virginia marketplace. This marks the third hauling operation in the state the company has acquired since beginning Virginia operations in February 2017. 

The acquisition includes Trash or Treasure LLC, which services residential and commercial small business in Harrisonburg and throughout Rockingham County. The terms of the asset purchase agreement remain private.

A new Meridian Waste hauling location has been opened in Staunton, Virginia.  The 4,800-square-foot building will house the operational and maintenance facilities for the company, helping it serve its Augusta County Convenience Centers hauling contract and the newly acquired residential and commercial contracts in Rockingham County.

“Our continued expansion throughout Virginia exhibits our ability to successfully win municipal contracts such as the Augusta County Convenience Center hauling contract and then maximize such opportunities with strategic acquisitions like Trash or Treasure,” Meridian Waste CEO Walter “Wally” Hall Jr. says. “Meridian Waste is a growing, experienced and independent environmental services company committed to a strategic growth plan that focuses on acquisitions, municipal contract wins, volume growth and organic growth. With our entry into the Shenandoah Valley marketplace, we are excited about the economic opportunities associated with the very active I-81 corridor, building a strong sales force to densify existing lines of business, and expanding into new lines of business such as front-load collection.”

This asset purchase marks Meridian Waste’s 17th acquisition since the company transitioned to private stock under the ownership of Jacksonville Beach, Florida-based Warren Equity Partners (WEP) in April 2018.