About the Deal
A GREENER SOLUTION LLC, located in Zion, Illinois, works with businesses to enhance their profitability by improving by-product management, including waste and recyclables. Its comprehensive, customized programs increase the value and volume of clients’ recyclables, reduce landfill use and waste hauling costs, and manage and consolidate vendors. Prior to the sale, AGS was an affiliate of Maine Plastics Inc., one of North America’s largest industrial by-product and plastics recyclers.
CASELLA WASTE SYSTEMS INC. (NASDAQ: CWST), located in Rutland, Vermont, is leading the solid waste industry with an innovative business strategy that seeks to create sustainable value beyond the traditional disposal model. Casella views waste as a resource for producing renewable energy and a raw material for manufacturing new products.
The acquisition of AGS allows Casella to offer enhanced sustainability services to its established industrial customer base.
BRIDGEWOOD ADVISORS assisted in negotiations and acted as exclusive financial advisor to A Greener Solution.