Date: November 11, 2008
Source: Eagle Construction & Environmental Services, L.P. and Southern Waste Services, Inc.
Eagle Construction & Environmental Services, L.P. and Southern Waste Services, Inc. Announce Merger
Eagle Construction & Environmental Services, L.P. ("Eagle") and Southern Waste Services, Inc. ("SWS") are pleased to announce the formation of a leading, super-regional environmental services firm with twenty-seven strategically located service centers spanning nine states. The combination unites two market leaders and creates a firm with expertise in numerous services, including: planned remediation, land- and water-based emergency response, industrial services, demolition, training, and technical services. Together, Eagle and SWS are uniquely positioned to provide customers with a comprehensive set of environmental services across the Southern and Midwestern United States.
Eagle and SWS will work together and evaluate integration opportunities in a thoughtful and well planned manner to maximize the benefit to the companies' employees, customers, and operations. Eagle, who will operate under the new name of Eagle Construction & Environmental Services, LLC, is managed by Marc Walraven, who has been named President. SWS will continue to be managed by current SWS President Jim Weber. "The merger of these two businesses is extremely exciting," said Jim Weber. "While day-to-day operations will continue to be conducted by the same outstanding teams our customers know and depend upon, we will now have at our disposal the tremendous resources, experience, and expertise of both firms."
"The companies have a shared commitment to safety, integrity, and customer service. The success of both Eagle and SWS has been predicated upon being there when our customers need us, knowing what to do, and doing it right. By combining our experienced teams, specialized equipment, and geographical base of operations, we will be able to undertake any environmental remediation, emergency response, and ongoing maintenance projects in the Southern and Midwestern United States. When called upon, we will also be able to mobilize a large, coordinated response to any disaster within the continental United States," said Marc Walraven.
In addition to the merger, Eagle and SWS benefit from an investment by ShoreView Industries, previously an investor in SWS, to provide growth capital for the company. "We would like to congratulate Jim, Marc, and their teams on bringing together two marquee brands in the environmental services industry," said ShoreView Principal Brett Habstritt. "The companies' strong management teams, exemplary employees, and leading reputations provide an ideal platform to pursue strategic acquisitions, establish new service center locations and expand existing services. We look forward to supporting the company as it evaluates its numerous growth alternatives."
Eagle - SWS Overview
Locations: See map www.newscom.com/cgi-bin/prnh/20081111/CLTU105-c.
Capabilities
Remediation
Emergency Response
Industrial Services
Demolition
Training
Technical Services
Nuclear Services
About Eagle Construction & Environmental Services, L.L.C.
Eagle Construction & Environmental Services L.L.C. (Eagle) is a full service environmental remediation, specialized construction and emergency response company with one goal: to turn adversity into peace of mind for our clients. Eagle is a company of people dedicated to delivering best-value services and solutions through innovative applications of science and technology. Eagle is committed to the highest standards of ethical behavior and professional integrity as we deliver cost effective, high quality services. Eagle has an extensive base of repeating and satisfied clients, including federal, state and local governments and industrial/commercial companies.
Eagle's company headquarters is located in Eastland, Texas and its nine district offices are in; Gonzales, Louisiana; Fort Worth, Houston and San Antonio, Texas; Harriman, Tennessee; Findlay and Marion, Ohio; Highland, Indiana; and Ormond Beach, Florida.
As a full service environmental company, Eagle's services cover the full range of needs, from the predictable and planned to the sudden emergency and disaster situations. Our capabilities range from hazardous waste removal, environmental remediation, demolition and construction to waste management, Emergency Response Strike Teams, underground storage tank removal and disaster relief. Eagle has developed a team of resources capable of providing a top quality project each and every time.
About Southern Waste Services, Inc.
Southern Waste Services, Inc. provides turn-key environmental services for industry and government. SWS offers a broad range of capabilities that include: Emergency Spill Response for Petroleum & Chemical Products, Hazardous Materials, Hazardous Wastes and Bio-Hazardous Wastes, Industrial Maintenance Services, Vacuum Truck Services, Remediation, Training and Disaster Recovery & Cleanup.
SWS specializes in providing around the clock emergency spill response and remediation services to clients world wide. Employing strong management practices and quality work ethics, while working closely with our customers and regulatory agencies, SWS provides rapid, safe, and efficient solutions for our clients' environmental problems.
Service Centers are strategically located throughout the Southeast: Pensacola, Panama City Beach, Tallahassee, Jacksonville, Orlando, Lake Wales, Tampa, St. Petersburg, Ft. Myers and Ft. Lauderdale in Florida; Birmingham and Decatur in Alabama; Atlanta and Savannah in Georgia; Paducah, Kentucky; and Nashville, Tennessee. With an extensive network of pre-negotiated pricing agreements with other Emergency Response contractors and incident command providers, SWS response capabilities are virtually unlimited!
About ShoreView Industries
ShoreView Industries is a Minneapolis, Minnesota based firm that manages $600 million in private equity funds. ShoreView invests in established, middle-market companies with operations in North America, across a wide range of industries.
For more information contact:
Eagle Construction & Environmental Services, LLC
9701 East I-20
Eastland, TX. 76448
Phone (254) 629-1718
FAX (254) 629-8625
www.ecesi.com
Southern Waste Services, Inc.
2211 St. Andrews Blvd
Panama City, FL 32405
Phone: (800) 852-8878
Fax: (850) 234-2451
www.swsefr.com.
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