Advanced Disposal Buys Fore Recycling on Gulf Coast

Date: April 19, 2010

Source: Advanced Disposal Services, Inc.

Advanced Disposal Services Inc. (Jacksonville, FL) has acquired Fore Recycling, a recycling company that operates in the Gulf Coast area of Mississippi and Louisiana. It is Advanced Disposal's third acquisition in less than two months. In March the company acquired assets of Trash Prince Inc., which does business in and around Fort Meade, FL, and before that, Excel Waste Services, with a C&D recycling operation in Nashville, TN. That had followed its acquisition of Waste Removal Services LLC in Nashville only a month earlier. In January the company said it had about $80 million available for acquisitions after having refinanced its credit facility.

"We continue to grow our recycling business here in the Gulf Coast area, and hope all of our customers know that they have a waste and recycling partner in Advanced Disposal helping them reach their goals of waste reduction and sustainability throughout their homes and business," said Advanced Disposal's Vice President of Recycling Eric "Poncho" James. "Our goal is to build upon Fore Recycling's great reputation."

The Fore Recycling facilities based in Biloxi and Sumrall, Miss., have been in business since 2007 and service Hancock, Harrison, Jackson, Stone and Pearl River counties, as well as the city of Slidell, LA. Terms of the acquisition were not disclosed.

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