Meridian Waste expands in North Carolina

Meridian Waste, an integrated, nonhazardous solid waste services company based in Greensboro, North Carolina, has announced the acquisition of two waste collection companies in the state. The company says it closed on the purchase of Pinnacle Waste LLC in Goldsboro, North Carolina, and Triad Waste LLC in Sanford, North Carolina.   

According to a news release from Meridian, the terms of the asset purchase agreements will remain private. Both acquisitions closed March 1.  

The acquired assets from Pinnacle Waste include an operating construction and demolition (C&D) transfer station, including heavy equipment and tractor-trailers, roll-off trucks, containers and commercial contracts. Meridian Waste will operate its new hauling company, including the Chatham C&D waste and recycling transfer station, from the former Pinnacle location in Goldston, North Carolina. The front-load and roll-off trucks, including container assets acquired from Triad Waste, will be relocated.  

The company says operational and office staff members of both companies have transitioned to Meridian Waste. The combined service area from the two acquisitions includes Chatham, Lee, Harnett, Moore and Orange counties.    

Meridian Waste will operate out of Chatham County, situated between the Triangle Region and the Piedmont-Triad region. The company says those regions are two of the state's biggest populace and commerce centers. 

“North Carolina has proven to be a great state for Meridian Waste to grow and prosper,” says Walter Hall, CEO of Meridian Waste. “The Pinnacle and Triad Waste acquisitions are our most recent examples of North Carolina opportunities that have allowed Meridian Waste to benefit from the assimilated companies’ solid base of business built and serviced by incredibly committed employees.”  

This marks Meridian Waste’s fifth and sixth acquisitions in North Carolina and the 21 and 22 since the company transitioned to private stock under the ownership of Warren Equity Partners in April 2018.