Waste Management Inc. acquired Generational Equity client Allwaste Services Inc. on 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 Equity 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.”

Our experienced M&A professionals at Generational Equity take great care to guide business owners in the consumer services industry to a seamless, successful exit, giving them the time and resources to enjoy life beyond their business.