Victor, N.Y.-based outsourced waste management services provider Waste Harmonics has acquired waste broker Consolidated Waste Management, which provides cost-effective and environmentally responsible integrated waste management programs and consultation services throughout the U.S. and Canada.
This acquisition is part of Waste Harmonics’ growth strategy, which is supported by the company’s two new private equity partners, Prospect Partners and Expedition Capital Partners. These partners will provide equity capital to Waste Harmonics as the company continues to grow.
“We are in the midst of a thrilling, fast-paced chapter of growth,” said Waste Harmonics President and CEO Michael Hess in a press release. “We are excited to have Prospect Partners and Expedition Capital, with their proven expertise further building niche companies like ours, as our private equity partners. Their support will help us achieve many goals on the aggressive timetable we have established – including acquiring other waste brokers and waste services providers, expanding our national footprint, offering more services and continuing to grow our management team and employee base.”
Waste Harmonics’ program offerings combine pickup, hauling, recycling and sustainability services into one consolidated deliverable, providing easy and cost-efficient waste and recycling options for a variety of businesses and industries in the U.S.
In addition to its program offerings, Waste Harmonics also provides rental waste equipment, equipment installation and repair services, temporary containers for construction waste and strong analytical tools that measure waste volume, equipment usage and the frequency needs of waste service.
The company also utilizes iWaste, an integrated compactor and baler monitoring service, to remotely monitor customers’ disposal machines. This web-based dashboard allows Waste Harmonics to predict and troubleshoot repair equipment issues, which quickens response time and repairs and minimizes machine downtime. iWaste also provides real-time reporting of pickup history, upcoming scheduled hauls, activity logs and pickup and return statuses.