Waste Eliminator receives $150M investment from Allied Industrial Partners

Allied Industrial Partners (AIP) LLC, an industrial-focused private equity firm based in Houston, has invested in Atlanta-based Waste Eliminator LLC, a regional provider of solid waste hauling, disposal and recycling services for commercial and industrial waste generators throughout Metro-Atlanta.   

The company will continue to be led by its founder and CEO Wes Turner who, along with others on the management team, will be investing alongside AIP. Together AIP and management have committed more than $150 million in capital to grow the platform. The terms of the transaction were not disclosed. 

Founded in 2006, Waste Eliminator provides turn-key waste management and recycling solutions for large commercial, industrial and government clients. With two material recovery facilities, the company says it is the premier provider of recycling services in Metro-Atlanta and the go-to service provider for assisting clients with sustainability goals.  

"We are thrilled to partner with Wes and his team on the Company's next stage of growth," says Bradford Rossi and Philip Wright, co-founders and managing partners of AIP. "We already have two in-market acquisitions underway, which will add important disposal and treatment infrastructure assets to the platform. We have started to transform Waste Eliminator into one of the largest privately-held waste management companies in Metro-Atlanta, one built around economically dealing with waste streams in ways that maximize beneficial reuse."  

AIP applies a thematic investment approach focused on defensive industrial businesses poised for continuous growth. The company says the critical nature of Waste Eliminator's services, coupled with the tailwinds associated with beneficial waste reuse and corporate sustainability initiatives, make Waste Eliminator an ideal platform for accelerated growth.   

"We viewed AIP as the right partner for our next chapter due to their culture, collective backgrounds and impressive track record," Turner says. "With AIP's resources and relationships, we are confident that we will be able to quickly scale the business and expand our service offering to assist our customers with achieving their sustainability goals."