Meridian Waste Acquires Total Garbage in Tennessee
FOR IMMEDIATE RELEASE
August 1, 2024
Meridian Waste Acquires Total Garbage in Tennessee
Densifying Knoxville Marketplace Roll-Off Routes
Knoxville, TN (August 1, 2024) – Meridian Waste, an integrated, non-hazardous solid waste services company, announced today it closed on the purchase of Total Garbage, LLC located in Knoxville, TN effective August 1, 2024.
The acquired assets from Total Garbage include roll-off trucks, roll-off containers and corresponding commercial permanent and temporary contracts. Meridian Waste will transfer the assets and operate out of its existing hauling location at 6236 Rutledge Pike, Knoxville, TN 37924. The acquisition helps to densify collection routes and build construction and demolition debris (C&D) volumes in the company’s Poplar View and Riverside Landfills.
“Meridian Waste’s Knoxville, TN marketplace operations continue to outperform financial expectations year over year in part due to tuck-in acquisitions such as Total Garbage,” stated Larry Seivers, Meridian Waste’s Area President – Tennessee. “Our team of drivers, mechanics, and office personnel are unbeatable when it comes to servicing our customers with exceptional care. The opportunity to incorporate the assets and personnel of Total Garbage within our culture and expand our team to reach a greater number of customers is especially rewarding to me and the company.”
The terms of the asset purchase agreements remain private. This marks Meridian Waste’s twenty-ninth acquisition since the company transitioned to private stock under the ownership of Warren Equity Partners (WEP) in April 2018.
IMAGE 1: Meridian Waste Logo
PHOTO 1: Meridian Waste roll-off truck pre-dawn.
***
About Meridian Waste
Headquartered in Charlotte, N.C., Meridian Waste is a company defined by its commitment to servicing its customers, caring for and engaging its employees, and generating financial value for its shareholders while delivering a clean and healthy community. The company’s core waste business is centered on residential, commercial, and industrial non-hazardous waste collection and disposal. Currently, the company operates in Northeast Fla., St. Louis, Mo., Goldston, N.C., Raleigh, N.C., Greensboro, NC, Greenville, S.C., Knoxville, Tenn., Blacksburg, Va., Harrisonburg, Va., and Richmond, Va., servicing more than 306,781residential, commercial, industrial, and governmental customers. In addition to a fleet of commercial, residential, and roll-off trucks, the company operates 14 hauling companies, five transfer stations/materials recycling facilities (MRFs), two municipal solid waste landfills, and four C&D landfills in which 990,796 tons of waste are safely disposed of annually. For more information, visit MeridianWaste.com.
Media Contact:
Mary O’Brien
(904) 616-5322
[email protected]
Released Aug 1, 2024