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Generational Group Advises Allwaste Services in Sale to Waste Management
By Generational Group
09/05/2018
Generational Group, a leading mergers and acquisitions advisor for privately held businesses, is pleased to announce the sale of its client, Allwaste Services Inc., to Waste Management Inc. The acquisition closed July 13, 2018.
Allwaste Services, based in Lexington, South Carolina, is a local residential garbage, construction container and commercial container company. Since 1997, the company has provided the best and most prompt service in the Columbia-Lexington and surrounding areas.
Waste Management is the leading provider of comprehensive waste management services in North America, providing services that range from collection and disposal to recycling and renewable energy generation. The company serves more than 21 million municipal, commercial and industrial customers, and it is North America’s largest residential recycler. It is headquartered in Houston, Texas.
Generational Group Senior Managing Director Terry Mackin successfully closed the deal, and Senior Managing Director Brian Hendershot established the initial relationship with Allwaste Services.
“Our clients were looking for a seamless exit after building a very successful business,” said Mackin.
“Waste Management provided an efficient process to do so while creating a very important transition relationship with ASI’s customers.”
About Generational
Generational Group, headquartered in Dallas, TX, is a leading, award winning full-service M&A advisory firm. Generational has over 300 professionals across 16 offices in North America. The firm empowers business owners to unlock the full value of their companies through a comprehensive suite of services—including strategic growth consulting, exit planning education, business valuation, value enhancement strategies, M&A advisory, digital solutions, and wealth management.
Celebrating its 20th year, Generational has successfully closed over 1,700 transactions and has ranked #1 or #2 in all LSEG league tables for deals valued between $25 million and $500 million in 2022, 2023, and 2024.
The firm was named 2024 USA Investment Banking Firm of the Year by the Global M&A Network and recognized as Investment Banking Firm of the Year by The M&A Advisor in both 2024 and 2022.