Description: Headquartered
in Panama City, Florida, SWS performs environmental
emergency response, industrial maintenance and
remediation services from sixteen service centers
located throughout the Southeastern United States.
Background/Purpose: Prior
to ShoreView’s investment, the owners
of Southern Waste Services were seeking to
partner with a strong financial sponsor to
capitalize on growth opportunities for the
Company. ShoreView structured a transaction
that allowed the owners to achieve this objective
while the active shareholder retained a substantial
ownership stake in the Company.
Growth Strategy:
Opportunistically
pursue add-on acquisitions
Support organic
growth by opening additional service centers
Continue to expand into complementary service
offerings including remediation
Results:
Southern Waste Services is positioned to capitalize
on growth initiatives