Municipal Waste Management Expands into Alberta, Canada with Merger of Collective Waste Solutions

SEATTLE (Waste Advantage): Municipal Waste Management announces the successful merger of Municipal Waste Management and Collective Waste Solutions, headquartered in Calgary, AB. Established in 2006, Collective has grown into a leading provider of municipal, commercial, and industrial waste collection services in Alberta. This merger reflects MWM’s commitment to expanding its reach in Western Canada – organically and through strategic mergers with special companies that share MWM’s values of safety, service, and strong team culture. Operating across Southern Manitoba, MWM continues to set the standard for operational excellence and superior service.

This partnership marks MWM’s third acquisition and initial entry into the Alberta region. “We are thrilled to embark on this new partnership with Collective and to welcome Jim MacPherson and the Collective team to our family – this is as much a talent acquisition as it is a business combination,” stated Logan Baniulis, CEO of MWM. “Collective has been purpose-built and serves extremely desirable markets of Calgary, Edmonton, and Ft. McMurray. We are excited to invest in and grow the Collective business in a profitable, intelligent way. Together with Collective, MWM’s aim is to build a fully integrated, independent waste company in Western Canada.”

Collective will operate under the same name in Alberta, and all employees are being retained. Collective CEO Jim MacPherson will join the combined leadership team and the board of directors. “Jim and the Collective team bring extensive industry experience and knowledge of Alberta, and will be foundational for the growth plan we have,” Baniulis continued.

“Logan and the MWM team offer us the opportunity for certain shareholders to exit, capital to expand the business throughout Alberta, and growth opportunities for the Collective team. This is a great match and we are excited for our shared future,” said Collective CEO, Jim MacPherson. Concentric Equity Partners, a Chicago-based family office investor with experience in the waste industry, provided equity for the transaction. Comerica Bank provided debt financing for the transaction. MNP Corporate Finance acted as financial advisor to Collective, and DS Avocats acted as legal counsel to Collective. Fillmore Riley acted as legal counsel to MWM, and DLA Piper acted as legal counsel to Concentric Equity Partners. Alvarez & Marsal provided transaction advisory services. Concentric was provided buy side advisory services by Spearhead Corporate Development.

Courtesy: www.wasteadvantagemag.com