Meridian Waste Acquires Eco Waste Services
Expands South Carolina Footprint with Additional New Hauling Facility
and Expanded Construction Site Services
GREENVILLE, S.C. (May 11, 2021) – Meridian Waste, an integrated, non-hazardous solid waste services company, announced today it closed on the purchase of Eco Waste Services, Inc., in the greater Greenville, S.C., marketplace.
The acquired assets from Eco Waste Services include a hauling facility located at 512 Hood Rd. in Powdersville, S.C., and commercial contracts in Anderson, Cherokee, Laurens, Greenville, Oconee, Pickens, and Spartanburg counties. In addition to waste and recycling collection, the acquisition includes new construction site service lines of business for Meridian Waste with portable restrooms, temporary fencing, portable storage, and portable offices.
“The Eco Waste acquisition comes on the heels of two other Greenville acquisitions we completed in February 2021. This furthers our ability to maximize efficiencies in the marketplace from an operational scale and disposal optimization,” said Walter “Wally” Hall, Chief Executive Officer of Meridian Waste. “The hauling facility acquired as part of the purchase will allow us to consolidate resources obtained in prior acquisitions. We will accomplish critical integration within operations, maintenance, and back-office support allowing us to fast-track our growth in the dynamic Greenville-Spartanburg marketplace,” he said. “We wish to welcome our new team members and customers who are joining us as we uphold the impeccable service that Eco Waste has provided for the last 10 years.”
Former Eco Waste Services company owner, Gary Seymore, and the employees of the organization have transitioned to the Meridian Waste team upon closing of the acquisition. “On behalf of our Eco Waste family, we’re excited to join the Meridian Waste team,” said Seymore. “We share similar values and the same commitment to quality and excellence. I am confident that together, we can be an even stronger environmental services provider in the Greenville marketplace.”
The terms of the asset purchase agreement remain private. This marks Meridian Waste’s third acquisition in South Carolina and the eighteenth acquisition since the company transitioned to private stock under the ownership of Warren Equity Partners (WEP) in April 2018.
Greenville is South Carolina’s largest market and has grown two percent per year during the last 10 years. South Carolina is the seventh state in which Meridian Waste now operates. To learn more, visit www.MeridianWaste.com.
About Meridian Waste
Headquartered in Charlotte, N.C., Meridian Waste is a company defined by its commitment to servicing its customers, caring for and engaging its employees, and generating financial value for its shareholders while delivering a clean and healthy community. The company’s core waste business is centered on residential, commercial, and industrial non-hazardous waste collection and disposal. Currently, the company operates in Northeast Fla., Augusta, Ga., St. Louis, Mo., Raleigh, N.C., Greenville, S.C., Knoxville, Tenn., Blacksburg, Va., Harrisonburg, Va., and Richmond, Va. servicing more than 129,905 residential, commercial, industrial, and governmental customers. In addition to a fleet of commercial, residential, and roll-off trucks, the company operates 12 hauling companies, seven transfer stations/materials recycling facilities (MRFs), three municipal solid waste landfills, and three C&D landfills in which 907,756 tons of waste are safely disposed of annually. For more information, visit MeridianWaste.com.
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