Densifying Knoxville Marketplace Roll-Off Routes
Meridian Waste 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.