WHI Capital Partners forms Waste Recyclers Holdings

Chicago, IL— WHI Capital Partners has acquired two Florida waste services providers, combining them to create Waste Recyclers Holdings.

WHI Capital Partners, a Chicago-based private equity firm targeting investments in the smaller end of the middle market, purchased Big Wheel of Florida and Waste Recyclers of North Florida to form Waste Recyclers Holdings. By combining the two acquired companies, Waste Recyclers enters as the dominant market player, owning five active construction and demolition landfills, a hauling fleet of more than 50 trucks plus a portable toilet rental and servicing business.

Waste Recyclers Holdings is poised to take advantage of extensive residential and commercial real estate development in the Florida Panhandle, its primary service territory, which includes several high-growth residential area and expanding military facilities, according to Adam Schecter, the Managing Partner of WHI Capital Partners.

As part of this transaction, WHI Capital Partners joined forces with waste services industry veteran Bart Begley, who will serve as Waste Recyclers’ chief executive officer.