Sponsored By

Advanced Disposal to Take Over Management of Sister Firm Interstate Waste

Allan Gerlat

September 4, 2012

1 Min Read
Advanced Disposal to Take Over Management of Sister Firm Interstate Waste

Advanced Disposal Services Inc. has taken managerial and financial control of sister company Interstate Waste Services Inc.

The Jacksonville, Fla.-based Advanced Disposal said in a news release that as of Sept. 1 the two companies owned by Highstar Capital through Star Atlantic Waste Holdings II LP began working together under the Advanced Disposal name. The two companies have historically operated independently of each other.

“While this milestone moves us on our way to become the largest privately-held solid waste company in North America, we remain committed to our foremost goal of being the best in the business,” said Charlie Appleby, Advanced Disposal chairman and CEO. “We look forward to working with our customers, employees and community partners as we grow Advanced Disposal’s footprint in the Northeast.”

On July 18,Highstar’s Star Atlantic signed a definitive agreement to acquire Veolia ES Solid Waste Inc. July 18 for $1.91 billion. The company expects the deal to close this fall.

Advanced Disposal said the combination of Advanced and Interstate is a key step toward in the process.  After closing, the three companies will operate under the Advanced Disposal name.

The new consolidated Advanced Disposal, following the Veolia closing, will operate in 20 states and the Bahamas, serve more than 1.8 million residential customers and more than 200,000 commercial and industrial customers, and generate an estimated $1.4 billion in annual revenues as will be the largest privately held waste and recycling business in the United States.

 

About the Author(s)

Allan Gerlat

News Editor, Waste360

Allan Gerlat joined the Waste360 staff in September 2011 as news editor. He was the editor of Waste & Recycling News for the first 16 years of its history, and under his guidance the publication won 27 national and regional awards.

Before Waste & Recycling News, Allan worked at another Crain Communications publication, Rubber & Plastics News, which covers rubber product manufacturing. He began with the publication as associate editor and eventually became managing editor, a position he held for nine years.

Allan is a graduate of Ohio University, where he earned a BS in journalism. He is based in Sagamore Hills, in northeast Ohio.

Stay in the Know - Subscribe to Our Newsletters
Join a network of more than 90,000 waste and recycling industry professionals. Get the latest news and insights straight to your inbox. Free.

You May Also Like