Meridian Waste expands through acquisition

Meridian Waste, a Charlotte, North Carolina-based solid waste services company, announced it has closed on the purchase of Capital Dumpster Service LLC located in Goldsboro, North Carolina.

According to a release, the acquired assets from Capital Dumpster Service include three frontload trucks, four roll-off trucks, one automated sideload truck, multiple frontload and roll-off containers, 95-gallon carts and corresponding commercial contracts. Meridian Waste will transfer the assets and operate out of its existing hauling location, co-located with its Triad Transfer Station (formerly known as the Chatham Waste & Recycling Transfer Station).

The acquisition helps to bridge and densify collection routes between the greater Raleigh and Greensboro market areas, Meridian says.

“North Carolina continues to offer great organic growth and acquisition opportunities for Meridian Waste,” says Walter “Wally” Hall, CEO of Meridian Waste. “Capital Dumpster Service represents our seventh North Carolina company acquisition since January 2020.”

He adds, “The diversification of the collection business by adding more frontload routes is key to our strategic plan. We are continuing to enhance our vertical integration within the company’s construction and demolition waste disposal assets in North Carolina, and our municipal solid waste disposal asset in southern Virginia.”

The terms of the asset purchase agreements remain private. This marks Meridian Waste’s 23^rd acquisition since the company transitioned to private stock under the ownership of Warren Equity Partners in April 2018, according to Meridian Waste.