Ironwood Capital announced an exit from its investment in Lewis Clark Recycling & Disposal LLC, which was sold to Waste Connections. Lewis Clark is a solid waste management company headquartered in Harrisburg, Ill.
"We were pleased to work with Jeff Kendall and his Laurel Mountain Management team on this successful opportunity and look forward to working together in the future," said Ironwood Capital Managing Director Dickson Suit in a statement.
"We worked closely with Dickson and the Ironwood Environmental Services team to execute on a buy-and-build strategy for Lewis Clark,” said Jeff Kendall, managing director of Laurel Mountain Management and CEO of Lewis Clark, in a statement. “Over the past two years, the company has completed several tuck-in acquisitions resulting in an expanded geographic footprint, as well as construction of a new transfer station facility."