Kinderhook invests in Apex Waste Solutions

Kinderhook Industries LLC, New York, has invested in Parker, Colorado-based Apex Waste Solutions in partnership with management.

Apex is a regional solid waste collection company serving more than 75,000 customers across the Colorado Front Range. In conjunction with Kinderhook’s investment, Apex acquired solid waste collection and portable sanitation services provider Materials Management Co. (MMC) and roll-off services provider All American Disposal. Both companies serve customers in Colorado Springs.

Formed in 2021, Apex serves residential, commercial and industrial waste customers.

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“Kinderhook is the perfect strategic partner to help us in this next chapter,” Apex CEO Scott Lukach says. “Kinderhook’s investment will provide us with the capital and support to further accelerate growth and facilitate opportunities to expand into new markets, pursue strategic add-on acquisitions and add additional service capabilities.”

Kinderhook says Apex has prioritized fleet and technology investments to ensure the safety of its employees.

“We are thrilled to bring Materials Management Company and All American Disposal under the Apex umbrella to create one of the largest independent waste haulers along the Colorado Front Range,” Lukach says. “They both have outstanding relationships with their customers and a strong reputation in their markets.”

“Scott Lukach, Scott Jenkins and Marshall Stuckey are exceptionally talented and experienced professionals in the environmental services industry,” says Rob Michalik, managing director at Kinderhook. “The team’s unwavering commitment to customer service, innovation and safety is inspiring and a testament to the company’s mission. With our capital support, we are confident that we will be able to help the team execute on an aggressive growth strategy.”

Comerica Bank and Akin Gump Strauss Hauer financed the transaction, and Feld LLP served as legal counsel to Kinderhook. MMC was advised by Catalyst Strategic Advisors.