Dive Brief:
- Waste Pro USA — the Longwood, FL trash hauling company that services eight states in the southeast — has acquired three other hauling companies within the past three months.
- The most recent acquisition was of Waste Away Services, which provides service to about 1,850 customers in Elberton, GA. Waste Pro also acquired the Charlotte, NC regional operations of Liberty Waste Services, and the Asheville, NC operations of Henson Waste Disposal.
- Waste Pro is one of the fastest growing privately owned solid waste collection companies in the country, with more than 2 million customers across 75 locations.
Dive Insight:
Waste Pro was ranked 13th on the 2015 Waste 100 list based on its 2014 revenue of $509 million, and the company has taken steps to ensure that it continues thriving. In April, Waste Pro spent $3 million to install video cameras in its waste and recycling vehicles, and it completed a $579 million recapitalization of the company last October.
"We executed a business transaction that creates the platform to launch our next decade of growth," said John Jennings, the chairman and CEO of Waste Pro at the time.
Regardless, the company is involved in a dispute regarding missed collection complaints. Customers from Buncombe County, NC have reported poor service and they wish to end their contract with Waste Pro. A committee is set to review Waste Pro's service within the next month and if commissioners decide to terminate, Waste Pro can pursue legal action. The next meeting for commissioners is scheduled for Aug. 4.
