Press Release – Charlotte, NC – April 2015
Bundy Group, a boutique investment bank with offices in Roanoke, Virginia, and Charlotte, North Carolina, is pleased to announce the sale of a privately held landfill located in the Mid-Atlantic (“Landfill” or the “Company”). The buyer is a privately held strategic participant with numerous subsidiaries in the waste industry (“Buyer”). The purpose of the sale was to obtain liquidity for the Landfill shareholders and to provide the Buyer with additional landfill capacity. Bundy Group served as exclusive advisor to Company in the acquisition. Jim Mullens and Bill Bundy of Bundy Group were the Managing Directors on the transaction.
About the Company
The Company is a non-hazardous solid waste landfill based in the Mid-Atlantic U.S. The Company accepts municipal solid waste (MSW), non-hazardous special waste and asbestos-contaminated waste. The Company also provides trucking services for solid waste, construction and demolition disposal. In addition, the Company offers a recycling program for the local area. The permitted area for the site is over 180 acres with over eight million cubic yards of undeveloped, permitted disposal area.
About Bundy Group
Bundy Group is a boutique investment bank with offices in Roanoke, Virginia and Charlotte, North Carolina. The company specializes in representing business owners and management teams in business sales, acquisitions and capital raises. The 25-year old firm has closed over 200 transactions across a broad range of industries.
Names of both parties are being withheld due to Confidentiality.