Brown Gibbons Lang & Company (BGL), Cleveland, announced July 15 that its client, Garfield Heights, Ohio-based Pete & Pete Container Services Inc., has acquired Valley View, Ohio-based Boyas Excavating Inc. According to a release, Boyas Excavating Inc. operates the largest privately held construction and demolition debris (C&D) landfill in northeast Ohio.
BGL’s Environmental & Industrial Services team served as the exclusive financial advisor to Pete & Pete for the acquisition and financing. Financing for the transaction was provided by Comerica Bank, Huntington Bank and Ironwood Capital. Specific terms of the transaction were not disclosed.
Founded in 1997, Pete & Pete offers a suite of solid waste management services, including roll-off and front-load container collection, hauling and recycling services to the residential, commercial and industrial markets. According to BGL, the combination of Pete & Pete, the largest independent C&D collection and hauling services provider in the region, and Boyas creates the leading vertically integrated C&D dedicated platform serving northeast Ohio.
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