Solterra Recycling Solutions announced it has completed the acquisition of Bridge Disposal, a provider of solid waste collection services.
Financial details of the acquisition have not been revealed.
Bridge Disposal, based in New Brunswick, New Jersey, services residential, commercial and industrial customers throughout Central New Jersey.
The acquisition of Bridge Disposal, which closed on June 30, 2016, comes on the heels of the Company’s refinancing of its credit facility in April 2016.
Solterra provides non-hazardous solid waste, organic waste and recyclables collection and hauling services. The Company serves over 30 municipalities, 400,000 residential households and 2,000 commercial customers throughout central and north New Jersey and in the Philadelphia metropolitan area.
“We are excited to continue building and strengthening our footprint in New Jersey,” said Ed Apuzzi, CEO of Solterra. “This acquisition reflects our strategy of building density and scale in markets we know well.”
Joe LoVerde, COO of Solterra, added, “Bridge Disposal has earned a stellar reputation by operating with a customer and community focused mindset, and we look forward to continuing those practices and enhancing capabilities as we bring Bridge Disposal into the Solterra platform.”
Rajani Baburajan