Advanced Disposal Buys C&D Recycler Adding to Tenn. Purchases

Date: March 1, 2010

Source: Advanced Disposal Services, Inc.

Advanced Disposal Services, Inc. (Jacksonville, FL) recently purchased a construction and materials recycling facility near Nashville, Tenn. The acquired assets are those of Excel Waste Services, a company that has provided waste hauling and disposal services to more than 150 customers, mostly commercial, since 2004. The acquisition dove-tails with an earlier purchase last month of Nashville-based Waste Removal Services LLC, serving 170 mostly commercial customers also in the Middle Tennessee area.

"With the acquisition of this C&D recycling facility, we will give our commercial customers the ability to bid on LEED certified projects because they know that they have a waste and recycling partner in Advanced Disposal helping them reach their goals of waste reduction and sustainability throughout their business," said Gerald Greene, president of Advanced Disposal's Mid-South Area. LEED stands for Leadership in Energy and Environmental Design, a green building certification program administered by the U.S. Green Building Council.

In January, Advanced Disposal refinanced its existing credit facility to make about $80 million available for acquisitions and general corporate purposes.

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