Bundy Group, an industry-focused investment bank, announces that it has advised Environmental Options, a leading waste transportation provider, in a sale to Shamrock Environmental, a leading provider of essential environmental services, including non-hazardous wastewater treatment, waste management, industrial services and environmental construction. Shamrock Environmental is a portfolio company of CenterOak Capital, a Dallas-based private equity group. The transaction was led by Jim Mullens, Managing Director with Bundy Group.
Environmental Options is a waste transporter, permitted in 25 states that regularly delivers to disposal facilities throughout the eastern United States. Key solutions offered by Environmental Options include industrial services such as tank and oil water separator cleaning, waste disposal for small and large quantity generators, and retail supplies, including drums, parts washers, and gun cleaners.
“Environmental Options has been the industry standard in the waste transportation segment since 1984, and the company’s impressive growth over the past few years further validates the strength and value-proposition to its clients,” said Jim Mullens. “The partnership with Shamrock Environmental will offer Environmental Options substantial new resources and opportunities as the company continues to grow.”
“Jim and I have had a relationship for over 10 years, and it was an easy decision for me to hire Bundy Group once I decided the time was right to sell,” said Pam Westgate, President of Environmental Options. “We had a substantial buyer interest in acquiring Environmental Options over the years. Once engaged, Jim successfully managed the strategic buyers, through a competitive process, and was able to generate a transaction value much higher than the preliminary offers I received before hiring Bundy Group. Simply put, I couldn’t have achieved this accomplishment without the Bundy Group team.”
About Bundy Group
Established in 1989, Bundy Group is an industry-focused investment bank that specializes in representing business owners and management teams in business sales, acquisitions, and capital raises. The team of highly experienced investment bankers leverages extensive industry knowledge and skill to provide hands-on guidance to clients through every phase of the business transaction. Bundy Group has been a trusted partner in more than 250 closed deals over the past 33 years, providing high quality options, actionable insights, and delivery of optimal strategic fit at a premium value for our clients. Bundy Group is headquartered in Charlotte, NC and has additional offices in New York and Virginia.