LRS Acquires Johnson County Refuse, Port 'O' Jonny and Action Services in Eastern Iowa
December 13, 2021
LRS, a Midwest waste diversion, recycling and portable services provider, acquired Johnson County Refuse along with two portable-restroom providers — Port 'O' Jonny and Action Services, Inc. — to establish an expanded presence across greater Cedar Rapids and Iowa City. The deals add roughly 50 employees from Johnson County Refuse and a combined portable-services fleet (25 trucks) to LRS’s operations; financial terms were not disclosed.
- Buyers
- LRS
- Targets
- Johnson County Refuse, Port 'O' Jonny, Action Services, Inc.
- Sellers
- Steve Smith (owner of Johnson County Refuse), Jay Kremer (owner of Action Services, Inc.)
- Industry
- Environmental Services
- Location
- Iowa, United States
- Transaction Type
- Buyout
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