Municipal Waste Management merges with Collective Waste Solutions

Municipal Waste Management (MWM), Souris, Manitoba, has announced its merger with Calgary, Alberta-based Collective Waste Solutions.

Established in 2006, Collective provides municipal, commercial and industrial waste collection services in Alberta.

MWM, which operates across Southern Manitoba, says this merger reflects its commitment to expanding its reach in Western Canada. This partnership marks MWM’s third acquisition and initial entry into the Alberta region.

“We are thrilled to embark on this new partnership with Collective and to welcome Jim MacPherson and the Collective team to our family—this is as much a talent acquisition as it is a business combination,” MWM CEO Logan Baniulis says. “Collective has been purpose-built and serves extremely [the] desirable markets of Calgary, Edmonton and Ft. McMurray. We are excited to invest in and grow the Collective business in a profitable, intelligent way. Together with Collective, MWM’s aim is to build a fully integrated, independent waste company in Western Canada.”

Collective will operate under the same name in Alberta, and all employees are being retained. Collective CEO Jim MacPherson will join the combined leadership team and the board of directors.

“Jim and the Collective team bring extensive industry experience and knowledge of Alberta and will be foundational for the growth plan we have,” Baniulis adds.

“Logan and the MWM team offer us the opportunity for certain shareholders to exit, capital to expand the business throughout Alberta and growth opportunities for the Collective team,” MacPherson says. “This is a great match, and we are excited for our shared future.”

Concentric Equity Partners, a Chicago-based family office investor with experience in the waste industry, provided equity for the transaction, while Comerica Bank provided debt financing.

MNP Corporate Finance acted as financial advisor to Collective, and DS Avocats acted as legal counsel. Fillmore Riley acted as legal counsel to MWM, and DLA Piper acted as legal counsel to Concentric Equity Partners. Alvarez & Marsal provided transaction advisory services, and Concentric was provided buy side advisory services by Spearhead Corporate Development.