FOCUS Investment Banking represents Best Trash in its recapitalization by Amberjack Capital Partners

FOCUS Investment Banking (FOCUS), a national middle market investment banking firm based in Washington, D.C., announced Aug. 6 that it advised Houston-based Best Trash during its recapitalization by Amberjack Capital Partners (Amberjack). Amberjack is a specialized private equity investor based in Houston.

Best Trash provides trash and recycling collection services to over 200,000 residential customers through its 175 contracts with various municipal utility districts and homeowners associations in the greater Houston metro region.

Following the recapitalization, Richard and Matthew May will remain owners of Best Trash and will continue to manage and operate the business.

According to the company, Amberjack’s objective is to join with management teams to build high-performing and innovative companies that create enduring value. In a release, the company says it believes Best Trash is “poised for sustainable growth and looks forward to supporting the Mays and the Best Trash team in executing a transformative growth strategy.”

“Our new investment partner will help us accelerate our growth and provide opportunity for our employees while continuing our tradition of first-class service to our customers,” Matthew May says. “We were fortunate and are very pleased with the result and our new Houston-based partner, Amberjack Capital Partners.”

Richard May adds, “FOCUS has been a great advisor to Best Trash throughout this process, and we greatly appreciated their guidance and their knowledge in helping us identify the best partner for our company. We are very excited, and we look forward to continuing our journey with Amberjack.”

“Using FOCUS’ proprietary database and knowledge of the waste/environmental services sector, Best Trash attracted keen investor interest from across the U.S. and internationally,” Curt Karges, managing director and industrials team leader at FOCUS, says. “Ultimately, a local firm, Amberjack Capital, was selected as the Mays’ new partner. Congratulations to them both!”

“It was a pleasure to be involved in a transaction between two outstanding companies that share a commitment to superior service,” adds Jonathan Wilfong, managing director at FOCUS.