Deep Green Waste & Recycling Inc., Marietta, Georgia, has announced that it has completed a $1.4 million round of financing to acquire profitable managed waste services and waste equipment handling companies.
Deep Green President and CEO Bill Edmonds says the financing will help the company to expand its geographical footprint, including acquiring three companies.
Edmonds says, “We are pleased with the completion of this round of funding following our recent reverse merger and we are now going to embark upon our roll-up strategy so we can expand our geographic footprint and become more vertically integrated. In our prior disclosures we stated that we were in discussion to acquire three companies and we now expect to complete those acquisitions.”
Deep Green Waste & Recycling is a full-service waste and recycling company that manages services to and logistics for large commercial properties in 35 states across the Midwest, South and East regions of the U.S. The company serves 300 commercial customers.
“Our unique value proposition is in the design and execution of end-to-end waste management program for our clients, which reduces direct waste disposal, lowers administrative costs and generates revenue from direct recycling rebates,” says the company.
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