Whitecap Waste Acquires Oak Hill Garbage Disposal

Whitecap Waste Acquires Dave's Sanitation, Inc.

August 18, 2022

Environmental Services

Whitecap Waste, a regional waste management company formed in partnership with Florida-based private equity firm Mollitiam Holdings, has acquired Dave's Sanitation, Inc. of Lookout, West Virginia. The acquisition is an add-on to Whitecap's growing West Virginia platform (following its Oak Hill acquisition) and expands its residential, commercial and industrial waste collection footprint in the state.

Firmament Recapitalizes Whitecap Waste

May 14, 2024

Environmental Services

Firmament (through funds it manages) completed a recapitalization of Whitecap Waste, a regional solid waste collection company serving over 30,000 customers in southern West Virginia. The seller was Mollitiam Holdings; Whitecap Waste President Michael Schmidt will remain in his role and Firmament said the investment will support growth, operational capability expansion, and entry into new geographies.

Arcapita Acquires Waste Harmonics

January 13, 2020

Environmental Services

Arcapita, a global investment firm, acquired a controlling interest in Waste Harmonics, a technology-enabled, asset-light managed waste services provider headquartered in Victor, New York. The purchase—completed from Prospect Partners (in partnership with management and co-investor Expedition Capital Partners)—positions Arcapita to expand Waste Harmonics' suite of services and nationwide blue-chip customer base across North America.

CARDS Recycling Acquires Whittinghill Disposal Services

April 5, 2023

Environmental Services

CARDS Holdings (CARDS Recycling), a PE-backed regional waste and recycling services provider, has acquired Whittinghill Disposal Services, a commercial and industrial waste hauler based in Muskogee, Oklahoma. The deal adds roughly 7,000 customers, 8 trucks and 15 employees and brings construction & demolition recycling, wood grinding and composting capabilities while increasing CARDS' market density across eastern Oklahoma and bridging its Arkansas, Oklahoma and Texas operations. The acquisition was enabled by a recent capital investment from Kinderhook Industries.

Capital Waste Services Acquires May River Disposal

January 5, 2021

Environmental Services

Capital Waste Services, a portfolio company of Kinderhook Industries, acquired May River Disposal, a residential waste management company based in Bluffton, South Carolina with over 5,800 customers. The deal — Capital Waste's fourth add-on acquisition — will expand the platform's footprint into the Bluffton/Hilton Head/Beaufort area, add commercial and roll-off capabilities, and was financed by Comerica Bank; May River founders Jim Lewis and Rob Scott will remain equity owners.

Firmament Recapitalizes Whitecap Waste Holdings

August 20, 2024

Environmental Services

The Firmament Group has recapitalized Whitecap Waste Holdings, LLC, a West Virginia-based solid waste collection and disposal company founded in 2019. The transaction represents a recapitalization/ownership transition involving prior investors (including Mollitiam Holdings and Whitecap Enterprises) and positions Firmament to support the company’s regional waste collection and disposal operations under existing management.