With the acquisition, Stella expanded its geographic footprint, diversified its customer base and strengthened its existing facility management, hauling and loading capabilities.
National Waste Partners, through its various subsidiaries, provides compactor and baler rentals, repair, and waste coordination services to over 500 customers across 37 states.
The acquisition, which is expected to close within 60 days, will expand CFL’s operations in Ontario.
ReCommunity’s facilities recover approximately 1.6 million tons of recycled commodities annually.
Monroe Capital provided financing for the transaction, and Raymond James served as an advisor to Stella.
The acquisition gives Recleim de-manufacturing capability in Pennsylvania.
Santek has made a series of deals in 2017.
The transactions are expected to close by September 1.