Deep Green to acquire Junk King franchises

Deep Green Waste & Recycling Inc., a Hermitage, Tennessee-based waste, recycling and remediation services company for commercial and residential customers, has agreed to purchase all the outstanding and issued stock of Franklin Tucker Corporation. Franklin Tucker owns and operates three large Junk King franchises covering all of central Tennessee.

“As our first acquisition of 2025, Franklin Tucker is the perfect kickoff addition for the year. The Junk King franchises owned by Franklin Tucker are a natural and highly compatible vertical integration for DGWR in our Lyell Environmental Services Inc. central Tennessee market with significant opportunities for additional territorial expansion,” Deep Green President David Bradford says. “This acquisition will provide an immediate doubling of revenue and operating cash flow for DGWR with opportunities to ramp up results by 45-50 percent and beyond over the near term. This is a great fit for us for concentration and enhancement of services over the 1.5 million homes and businesses in our midsouth footprint.”

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Lyell Environmental Services Inc., based in Nashville, is an environmental and ecological testing services company offering a comprehensive range of services for commercial, institutional and residential properties, including environmental studies, hazardous substance testing, remediation, abatement and removal.

“Our management team is focused on rapidly accelerating Lyell Environmental Services’ geographic expansion into attractive metro markets across Tennessee, Alabama and Kentucky while adding complementary service lines to drive growth,” Deep Green Chairman and CEO Bill Edmonds says. “Beyond DGWR’s acquisition of Franklin Tucker Corporation and its Junk King franchises, Deep Green is evaluating and vetting additional strategic acquisition opportunities for 2025 to further accelerate the growth of Deep Green’s revenues and net profits.”