Brown Gibbons Lang & Company (BGL), a leading middle market investment bank, is pleased to announce the sale of SouthWaste Services Holdings, LLC (SouthWaste), a portfolio company of Rock Hill Capital Partners. BGL’s Environmental & Industrial Services team served as a financial advisor to SouthWaste in the transaction. The buyer and the terms of the transaction were not disclosed.
Headquartered in Houston, Texas, SouthWaste Services is a leading, vertically-integrated environmental services firm providing non-hazardous liquid waste collection, processing, and disposal services across the Southern U.S. SouthWaste provides grease trap (i.e., brown grease) and commercial septic waste collection, cleaning, and maintenance services for restaurant, grocery store, prison, stadiums, hospital system, and school district clients. The company’s five permitted processing and disposal facilities in Texas and Florida process over 91 million gallons of waste annually.