BGL Announces the Sale of Pro Disposal USA to Coastal Waste & Recycling

SEATTLE (Waste Advantage): Brown Gibbons Lang & Company (BGL) announces the sale of Pro Disposal USA, LLC (Pro Disposal) to Coastal Waste & Recycling Inc. (Coastal), a portfolio company of Macquarie Asset Management (MAM), an asset management arm of the Australian bank Macquarie Group Limited. BGL’s Environmental Services investment banking team served as the exclusive financial advisor to Pro Disposal in the transaction.

Founded by Alex Cano in 2007, Pro Disposal is a vertically integrated solid waste management solutions provider operating across the greater Lowcountry markets from Savannah, GA to Charleston, SC. The Ridgeland, SC-based company’s presence in a fast-growing geography was further accelerated following the 2020 recapitalization by Ironwood Capital and industry veterans Jeff Kendall, Dan Clark, and Frank and Jerry Antonacci, supporting a vertical integration and geographic expansion strategy, yielding one of the largest independently owned waste management firms in the southeastern United States. Pro Disposal’s end-to-end waste management solutions include residential collection, commercial front-load, grapple, roll-off, transfer and processing, portables, and disposal services. The company’s established presence across the region, integrated service model, and commitment to service quality, safety, and sustainability have enabled the company to entrench itself with municipal, commercial, and industrial customers.

Based in Boca Raton, FL, Coastal serves more than 450,000 customers throughout Florida and Georgia, making it one of the largest waste management firms in the southeastern United States. The company employs more than 800 people and operates more than 425 collection and support vehicles. The company’s operations include 18 facilities in Florida, Georgia, and South Carolina, which include two transfer stations, 11 maintenance and hauling facilities, and five material recovery facilities.

The acquisition of Pro Disposal further expands Coastal’s footprint to multiple high-growth markets across the southeastern U.S.

Courtesy: www.wasteadvantagemag.com