Meridian Waste Solutions, Inc. has acquired RedX Medical, LLC (d/b/a EnviCare). This acquisition allows Meridian to expand its healthcare footprint, which was established by the acquisition of four companies in 2017.
EnviCare is a regulated medical waste company that will provide waste transportation and disposal solutions for regulated and specialized waste, pharmaceutical disposal solutions, sharps management services, controlled substance waste solutions, integrated waste solutions for large healthcare facilities and compliance training and education for the healthcare industry. EnviCare is based in the Atlanta area with the ability to service the Southeast, and expects to expand to cover the entire U.S.
“EnviCare complements the services which we offer our current healthcare customers, as well as expands our network to new markets,” said Jeff Cosman, CEO of Meridian Waste Solutions, in a statement. “This acquisition will allow us to further develop our model that enhances community assets and provides a pathway to sustainability for our local environments. By providing services that help the company grow vertically, Meridian will continue to increase the financial value held by our shareholders.”