Allied Industrial Partners announces investment in Wall Recycling

Houston-based Allied Industrial Partners (AIP) LLC, an industrial-focused private equity firm, has made a strategic investment in Wall Recycling LLC, a provider of solid waste hauling, disposal and recycling services for municipal, commercial and industrial waste generators throughout North Carolina.

The company will continue to be led by its founder and CEO Dan Wall. Terms of the transaction were not disclosed.

Wall Recycling, based in Raleigh, North Carolina, is described by AIP as a “market leader in the provision of critical, turnkey waste management and recycling solutions for large commercial, industrial and governmental clients.” Founded in 2006, the company has established itself as one of the “most complete recycling businesses” in the Research Triangle and a leading waste management company in North Carolina with over 13 locations across the state, says AIP. 

According to a release announcing the investment, Wall Recycling’s services include front-end load, rear-load, roll-off collection, critical transfer and disposal infrastructure.

“We have been impressed with what Dan has achieved, creating one of the largest and most respected recycling and waste companies in North Carolina,” says Bradford Rossi and Philip Wright, co-founders and managing partners of AIP. “We look forward to working with Dan and his team to evolve and expand Wall Recycling’s services and technology to meet the growing demand for recycling and environmental services from both corporations and government customers.”

Wall Recycling marks AIP’s largest investment to date and is its second platform in the waste and recycling sector following the acquisition of Waste Eliminator in June. AIP says it applies a thematic investment approach focused on defensive industrial businesses that are poised for accelerated growth.

“AIP not only provides us with the capital needed to invest in our business, but we now have a partner who truly understands the industry and can guide us as we look to add new and innovative solutions for our growing customer base,” Wall says. “Wall Recycling is known for the highest level of service, and we believe our new partnership with AIP will only enhance the customer experience.”