WCA Waste Corporation expands into Central Florida
Houston, TX— WCA Waste Corporation
has entered the central Florida market with two acquisitions totaling
annual estimated revenue of $17 million.
The company acquired a 250 acre
landfill located east of Sarasota in Arcadia, Florida, three transfer
stations and a six-truck hauling company from Meyer and Gabbert
Excavating Contractors, Inc. WCA has an option to purchase an
additional 600 acres adjoining the landfill.
In a separate transaction, WCA
acquired a 227-acre landfill located in Ft. Meade, Florida from
Waste Corporation of America. WCA Waste Corporation was previously
part of a corporate group that included Waste Corporation of America.
Tom Fatjo, chairman of the company,
stated, “We are very excited about the opportunities in
central Florida. We have already identified and are in active
discussions with several tuck-in acquisitions in these markets.
With the completion of these acquisitions, the company is projecting
a $127 million revenue ‘run-rate’ and a $38 million
EBITDA ‘run-rate.’ This virtually doubles the size
of the company during the past 15 months. WCA now owns 19 landfills
located in nine states.”