merge acquisition

Waste Industries Acquires Cardinal Waste Solutions

Cardinal Waste customers will see no changes at to their existing service plans with the current acquisition.

Waste Industries has acquired Cardinal Waste Solutions in Atlanta, merging the operation into its existing Atlanta assets operated out of Waste Industries’ Fairburn location.

Waste Industries ranked 10th on the Waste360 Top 100 in 2016. The firm posted revenues of $576 million in 2015 and was projecting to hit $600 million this year. As of the time of the ranking, it had 2,284 full-time equivalent employees.

Cardinal Waste Solutions ranked just outside the Waste360 Top 100 in 2016. It posted $6.4 million in revenues in 2015, according to data submitted by the firm. It was projecting growth to $8.5 million in 2016. It had 32 full-time equivalent employees when it reported its numbers to Waste360.

The acquisition closed on November 1, 2016, with November operating as a transitional month with a full operational transfer effective December 1. The company did not disclose a price for the transaction.

According to Waste Industries, Cardinal Waste customers will see no changes at to their existing service plans with the current acquisition. Waste Industries is absorbing the customer service team, phone number and website to ensure a smooth transfer of operations from Cardinal Waste to Waste Industries.

“We’re excited to welcome Cardinal Waste customers to Waste Industries,” Byron Hurtado, Waste Industries general manager of Atlanta, said in a statement. “We are making this transition as simple as possible for our customers, and look forward to providing exceptional service to each and every person.”

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