Date: October 28, 2024
Source: News Room
Coastal Waste & Recycling (Boca Raton, FL) has acquired Southwest Waste (Fort Myers, FL), a C&D collection, recycling and disposal company estimated to have $100 million in annual revenue. The company was founded only in 2021 by CEO Charles Lomangino. Coastal, founded in 2017, began buying businesses last year after selling a majority stake to Macquarie. Coastal is estimated to have 1,250 employees, operates 20 recycling and disposal facilities (not including hauling depots), and operates a fleet of 700 vehicles prior to the transaction with Southwest.
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