NEW YORK, November 16, 2020 – NewHold Enterprises, LLC (NewHold), a holding company focused on long-term ownership and acquisition-led growth of middle-market industrial and services companies, today announced American AllWaste LLC (AllWaste) acquired Austin-based Walker Aero Enterprises LLC and its affiliated companies, including JV Dirt & Loam, Daisy Works and Sheridan Environmental.
“Our goal at AllWaste is to build the premier non-hazardous liquid waste business in the southern United States,” said Kevin Charlton, Chairman of AllWaste and Co-Chairman of NewHold. “It has become clear that adding a market-leading composting capability is critical to our strategy. We’re very pleased to welcome Walker Aero to the AllWaste family.”
“This acquisition will not only strengthen our market position, but also our standing as good corporate citizens and stewards of the environment,” said American AllWaste CEO Darrell Rogers. “We recognize the reuse of waste material is a rising expectation of regulators, customers and the communities we serve, and this acquisition moves us solidly in an even more environmentally-friendly direction.”
“American AllWaste’s acquisition of the Walker Aero family of companies is an exciting step forward,” said Walker Aero Co-Founder and President Phillip S. McCammon, V, who will continue on with AllWaste as its General Manager at JV Dirt & Loam. “The combined resources of both companies will create a powerful presence in the Texas municipal and liquid waste markets. I look forward to joining the AllWaste management team and helping to grow the company into the premier service provider in Texas.”
About American AllWaste LLC
AllWaste is an end-to-end service provider targeting the non-hazardous liquid waste industry. It provides service to municipal, commercial and industrial clients seeking solutions for the handling and proper disposal of non-hazardous liquid waste streams, maintenance and repair of infrastructure and periodic statutory testing. The company has operations in Texas (Houston, Austin and Beaumont) and Tennessee (Nashville, Memphis, Knoxville and Chattanooga). AllWaste anticipates expanding its regional footprint through organic growth and strategic acquisitions, while maintaining best-in-class service to its customers. For more information, visit www.allwastecorp.com.
NewHold is a holding company focused on long-term ownership and growth of North American, middle-market industrial and services companies. Established in 2017, NewHold operates through platforms which are built via acquisitions and organic growth of such companies. Each platform strategy is led by an experienced industry executive and is targeted to reach a minimum of $30 million to $50 million of EBITDA. NewHold’s investors consist primarily of family offices seeking long-term capital appreciation through ownership and growth of middle-market, industry-leading companies. Learn more at www.newhold.com.
American AllWaste LLC
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