Meridian Waste Solutions acquires medical waste disposal company

Meridian Waste Solutions Inc., an integrated, nonhazardous solid waste services and technology company in Atlanta, has announced the closing of the acquisition of RedX Medical LLC, a Marietta, Georgia-based medical waste disposal company doing business as EnviCare. The transaction expands Meridian’s services into the medical and pharmaceutical waste sector.

EnviCare will provide waste transportation and disposal solutions for regulated and specialized waste, pharmaceutical disposal solutions, sharps management services, controlled substance waste solutions, integrated waste solutions for large healthcare facilities and compliance training and education for the healthcare industry. EnviCare serves customers in the Southeast and expects to expand to cover the entire U.S.

The acquisition of EnviCare builds upon Meridian’s healthcare footprint, established by the acquisition of four companies in 2017. These companies included DxT Medical LLC (DxT), a national healthcare sales company in Atlanta, and LGMG LLC (doing business as Verifi Resource Group), a hospital lab management company based in Tulsa, Oklahoma, that covers several states in the Midwest and South.

“EnviCare complements the services which we offer our current health care customers, as well as expands our network to new markets,” Jeff Cosman, CEO of Meridian, says. “This acquisition will allow us to further develop our model which enhances community assets and provides a pathway to sustainability for our local environments. By providing services that help the company grow vertically, Meridian will continue to increase the financial value held by our shareholders.”