New Market Waste Solutions has been acquired by Waste Harmonics

Zabel Companies has sold New Market Waste Solutions, LLC (New Market) to Waste Harmonics, a portfolio company of Arcapita. The combination of Waste Harmonics and New Market will form a powerful duo in this large, high-growth category, blending the companies’ combined strengths in dedicated customer service, superior delivery and innovative, tech-enabled monitoring, reporting and analytics.

Founded in 2001 and headquartered in North Carolina, New Market is a leading managed services provider dedicated to designing and implementing cost-effective waste, recycling and sustainability solutions for clients throughout the US.

Waste Harmonics is one of the largest national providers of tech-enabled, smart-managed waste services, working with large multi-site, blue-chip clients to implement disposal, recycling and sustainability strategies throughout North America.

Zabel Companies is a Charlotte-based private investment firm dedicated to partnering with management teams to invest in and build private companies over the long-term.

Oaklins TM Capital in the US served as the exclusive financial advisor to New Market Waste Solutions, LLC, a portfolio company of Zabel Companies, in its sale to Waste Harmonics.

Service

M&A sell-side

Parties

“We chose to work with Oaklins TM Capital because of their domain expertise in facility services and significant transaction experience in the managed waste services arena. From our first meeting, their team was articulate when discussing our industry and had a nuanced appreciation for the intricacies of our business. Once our process got rolling, the entire team was relentless in pursuit of a great outcome for our shareholders. They were attentive to the details, navigated complex deal issues gracefully and communicated with everyone candidly and thoughtfully. We’re grateful for their support and dedication on this one, and I’m looking forward to finding a way to work with this team again in the future.”

Rob Ryan

CEO, New Market Waste Solutions, LLC

Talk to the deal team

Jarrad Zalkin

Managing Director

Boston, United States
Oaklins TM Capital

View profile Get in touch

Kevin Atchue

Principal

Boston, United States
Oaklins TM Capital

View profile Get in touch

Greg Berube

Associate

Boston, United States
Oaklins TM Capital

View profile Get in touch

Related deals

Bolster Investment Partners has acquired a majority stake in Eternal Sun

Private Equity | Energy

Bolster Investment Partners has acquired a majority stake in Eternal Sun

Bolster Investment Partners, a Netherlands-based investment firm, has acquired a majority stake in Eternal Sun, a global technology leader in advanced solar panel testing equipment, from ABN AMRO Sustainable Impact Fund, a private impact fund based in the Netherlands, and Vermec, a Belgium-based investment firm.

Learn more

iwell raises US$31 million to deploy its leading European smart battery storage solutions into new markets

Private Equity | Construction & Engineering Services | Energy | TMT

iwell raises US$31 million to deploy its leading European smart battery storage solutions into new markets

iwell, a developer of smart energy management (EMS) and battery storage systems (BESS), has successfully closed a US$31 million (€27 million) funding round. The round was led by Meridiam, with Invest-NL and Rabobank participating, alongside existing investors.

Learn more

Largest AIM IPO in the business support services sector over the past five years has been completed

Business Support Services

Largest AIM IPO in the business support services sector over the past five years has been completed

MHA plc raised US$131 million (£98 million) through a placing and retail offer, achieving a market capitalization of approximately US$363 million (£271 million) on admission. This was the largest AIM IPO in the business support services sector over the past five years. The IPO provides a platform for continued investment in technology, talent and acquisitions, supporting the group’s ambition to become a top 10 UK professional services firm.

Learn more