Image courtesy of Titan Environmental Solutions Inc.
Bloomfield Hills, Michigan-based Titan Environmental Solutions Inc. has closed on the acquisition of Standard Waste Services LLC, a fellow waste management company based in Detroit.
Standard Waste provides commercial and industrial waste and recycling services in the Detroit metro area.
“We are excited to have completed the Standard acquisition and look forward to integrating the business and team with our current Titan operations in the Greater Detroit market,” Titan CEO Glen Miller says.
“We will offer our commercial and roll off services under the Standard Waste name. This acquisition provides us with additional scale in the marketplace providing what we believe to be significant operating synergies. We look forward to evaluating additional growth opportunities as we continue to scale our business.”
Standard was founded in 2017 to provide contracted commercial roll-off and front-load waste services, including container and compactor rentals. The company operates approximately 20 waste collection vehicles servicing more than 750 commercial and industrial customers.
Titan provides waste management and recycling services and has “focus on acquiring well established, cash flow generating assets in the environmental industry, vertically integrating its operations and integrating future acquisitions into its technology-based solutions to waste management.”
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