Summer Street Capital Partners, a private equity fund, has invested in Southeast Florida waste and recycling platform, Coastal Waste and Recycling.
Summer Street partnered with industry veteran, Brendon Pantano, to execute an aggressive growth strategy and build a regional solid waste and recycling platform.
Over the past 12 months, Coastal has completed four acquisitions across the Southeast Florida market, including Nu-Way Recycling in Martin County, Aquarius Recycling and Thoroughbred Waste in Palm Beach County, and Mammoth Recycling in Broward County.
Coastal Waste and Recycling CEO Brendon Pantano said: “Summer Street has a wealth of experience and direct industry knowledge that is unique to a financial partner.
“They have been building independent, regional solid waste and recycling platforms for nearly two decades, and understand that to succeed and grow, Coastal must become the buyer of choice in the market, earning the trust and confidence of business owners and customers.”
Summer Street Capital managing director Brian D’Amico said: “Summer Street and Management share a clear vision for Coastal Waste – build a full-service solid waste platform, differentiating ourselves through customized, professional and reliable services to our customers.
“Coastal has achieved remarkable growth in the last twelve months. Even more remarkable are the employees of Coastal whose dedication, integrity, and dependability will drive the company’s continued success.”
Coastal Waste & Recycling is a privately owned, locally operated solid waste disposal and recycling company. Focused exclusively on serving people and businesses across South Florida, Coastal Waste delivers customized, professional, and reliable services.
Whether you’re a homeowner cleaning out your garage, a hauler with mixed waste and recyclables, or a developer building South Florida’s next skyscraper, Coastal Waste provides effective waste and recycling solutions to meet your every need.
Source: Company Press Release