LJP Waste Solutions, a provider of waste hauling and processing services in Mankato, Minnesota, announced on June 24 that it has acquired The Trash Man.
Based in Webster City, Iowa, The Trash Man provides waste and recycling collection services to commercial and residential customers in several counties in north-central Iowa.
According to LJP, the acquisition will allow the company to expand its service footprint to a new geographical service area. As part of the acquisition, The Trash Man’s team of 25 employees will join the LJP team of 85 existing employees.
“The Trash Man is a well-respected service provider known for their commitment to their customers and employees,” Steve Metz, CEO of LJP, says. “We continue to seek strategic add-ons for LJP which will complement our existing platform and provide new areas for organic growth and tuck-in acquisitions.”
LJP Waste Solutions is a portfolio company of New York-based Aperion Management. Funding for The Trash Man acquisition was provided by Dallas-based Comerica Bank.
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