Delos and Silverfern Group complete sale of Pioneer Recycling Services

Delos Capital and the Silverfern Group have completed the sale of Tacoma, Washington-based Pioneer Recycling Services LLC to a subsidiary of Waste Connections Inc.

“My team and I feel fortunate to have had the opportunity to build a leading recycling platform alongside great partners,” Pioneer CEO Tommy Crenshaw says. “Teaming up with Waste Connections is a natural next step for the company.”  

Pioneer Recycling Services provides comingled residential recycling services in the Pacific Northwest, with material recovery facilities serving commercial, industrial, municipal and residential customers.

“Tommy and the Pioneer team fostered a culture of operational excellence,” says Jordan Mondshine, principal at Delos. “Over the course of our investment, we executed our value creation strategy by investing in state-of-the-art equipment and creating best-in-class material recovery facilities. We wish Pioneer continued success as it embarks on its next chapter with Waste Connections.”