Meridian Waste Solutions, Inc.
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Meridian Waste Solutions, Inc. - overview
Established
2014
Location
Charlotte, NC, US
Primary Industry
Environmental Services
About
Meridian Waste Solutions, Inc. is a U. S. -based company specializing in comprehensive waste management services, including waste disposal, recycling, and eco-friendly waste solutions for residential, commercial, and government clients.
Meridian Waste Solutions, Inc. focuses on waste management and was founded in 2014 in Charlotte, US. The company was recently acquired by Harvest Partners from Warren Equity Partners in a deal that closed on July 1, 2023. Jeff Cosman currently serves as the CEO.
Over the years, Meridian Waste has successfully completed 2 deals, with the most recent occurring in 2023. Meridian Waste offers comprehensive waste management solutions that include curbside waste removal, recycling pickup, yard waste services, bulk waste collection, and specialized services like appliance pickup and roll-off container rentals. Their services are designed to meet the needs of individual households, businesses, and municipal agencies while promoting environmentally sustainable practices. The company operates across various geographical markets in the southeastern United States, particularly in Alabama and Mississippi, and continues to expand into new areas as demand for eco-friendly waste solutions increases.
In 2017, Meridian Waste reported a revenue of USD 890,258 and an EBITDA of USD 10,202,311. The company generates revenue through subscription-based contracts with residential and commercial clients, ensuring a predictable revenue stream tailored to customer needs. To support its expansion strategy, Meridian Waste plans to introduce new waste management products and services tailored for emerging market demands. The company is focused on expanding its market presence in existing regions and exploring additional geographic areas.
Recent funding from the acquisition by Harvest Partners will be utilized to enhance operational capabilities and expand service offerings further.
Primary Industry
Environmental Services
Sub Industries
Waste Management, Pollution Control, Recycling
Website
www.meridianwaste.com
Company Stage
Mature - Buyout
Total Amount Raised
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Meridian Waste Solutions, Inc. - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Add-on, Trade Sale | Completed | Evergreen Environmental Partners, LLC | - | ||||||||
| Secondary Buyout | Completed | Meridian Waste Solutions, Inc. | - | ||||||||
| Buyout | Completed | Meridian Waste | - | ||||||||
| Private Debt | Completed | Meridian Waste Solutions, Inc. | - |
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