Broadtree Partners, a private equity firm focused on acquisitions in the middle markets, announced it has completed a significant investment in Arwood Waste, a Jacksonville, Fla.-based site services business. Arwood Waste provides temporary and permanent disposal, garbage collection, demolition, portable sanitation and storage rental services across both the U.S. and Canada.
This strategic investment is intended to help Arwood Waste invest in technology, grow its footprint with vendors and expand its offerings to not only its existing customers but also new customers. Through the investment, Arwood Waste will look to increase its footprint in many of the largest regions of both the U.S. and Canada. Arwood Waste will also look to add more national, regional and local accounts into its network and increase the product offerings currently available.
Sean Mahon will be joining Arwood Waste as the company’s president. “I am impressed by how Arwood Waste has consistently shown itself to be an early adopter of digital innovations and apply it to the waste industry,” said Mahon in a statement. “I am extremely excited to have the opportunity to join its founder John Arwood and work together with him to continue to build upon Arwood Waste’s reputation for customer service and to help grow the company.”