ARS Recycling Systems (Ironwood Capital) Acquires Ernest Industries Inc.

Forest Lane Capital-backed ARS Systems Acquires ARS Recycling

June 10, 2025

Manufacturing

Forest Lane Capital Partners has formed ARS Systems and completed the acquisition of ARS Recycling, a Lowellville, Ohio-based manufacturer of steel grit recycling and dust collection equipment. Daniel Moore was appointed CEO and the new ownership said it will invest to expand parts & service offerings, rental equipment and related products while continuing operations at the Lowellville facility.

Arcwood Environmental Acquires Innovative Recycling Technologies (IRT)

August 28, 2025

Environmental Services

Arcwood Environmental has acquired Innovative Recycling Technologies (IRT), a Lindenhurst, New York-based provider of hazardous waste collection, lab packing and field services. The acquisition expands Arcwood's footprint across New York, North Jersey and Connecticut and strengthens its soil logistics and field services capabilities in the Northeast.

Ember Infrastructure Invests in Advanced Recycling Technologies

November 26, 2024

Environmental Services

Funds managed by Ember Infrastructure have made a growth investment in Advanced Recycling Technologies Holdings, LLC (ART) to scale ART’s distributed metals recovery and recycling platform. The capital will support expansion of ART’s fleet of onsite metals recovery systems—already operating in the Mid-Atlantic, Michigan, and Massachusetts—and accelerate commercialization with upstream waste and WTE partners.

Arcwood Environmental Acquires ERG Environmental

October 7, 2025

Environmental Services

Arcwood Environmental, a national environmental and waste management services provider headquartered in Indianapolis, has acquired ERG Environmental, a Michigan-based hazardous waste and remediation services firm. The deal strengthens Arcwood's operational footprint across the Great Lakes (Michigan, Indiana, Ohio) and expands its capabilities in industrial environmental services, compliance support, and emergency response.

Interstate Waste Services Acquires Oak Ridge Waste & Recycling

February 12, 2024

Environmental Services

Interstate Waste Services, a PE-backed waste-by-rail operator, has entered into a definitive agreement to acquire Oak Ridge Waste & Recycling, expanding IWS's collection, transfer and recycling footprint into Southwestern Connecticut and suburban New York. The deal (expected to close by end of Q1 2024) follows an equity recapitalization of IWS led by the Private Equity Group of Ares Management and Littlejohn & Co., and will add Oak Ridge's transfer, MRF and rail-served disposal capabilities and ~27,000 customer locations to IWS's platform.

Lakeshore Recycling Systems Acquires Roy Strom Company

January 5, 2021

Environmental Services

Lakeshore Recycling Systems (LRS), a privately held waste and recycling company based in Chicago, has acquired Maywood, Illinois-based Roy Strom Company, an independent waste hauler. The acquisition expands LRS's residential and commercial customer base and adds Single Stream and C&D recycling capabilities and a strategically located transfer facility in Maywood to support growth across Chicagoland and the Midwest.