LRS expands into Indianapolis with purchase of GHW

LRS, a leading independent waste diversion, recycling and environmental solutions provider, has acquired GHW, a locally owned and operated waste company based in Indianapolis, marking the Rosemont, Illinois-based company's strategic expansion into that market.

The purchase enhances LRS' commercial and industrial service capabilities while supporting its broader strategic plan to grow its presence in key Midwest markets and diversify its service offerings, according to the company. Indianapolis represents one of the fastest-growing metropolitan areas in the region, with strong economic indicators and expanding infrastructure investment.

LRS services residential and commercial customers across seven states: Illinois, Iowa, Indiana, Michigan, Minnesota, Kansas and Arkansas, providing roll-off container services, C&D recycling and portable restroom rentals. LRS owns and operates more than 70 facilities and employs nearly 2,300 people full-time.

Michelle McConnaughey, vice president, marketing and customer service, says, "GHW has a reputation for exceptional customer service and entrepreneurial spirit. Culturally and operationally, they’re a great fit for LRS, and the timing aligns perfectly with our expansion into the Indianapolis market."

"GHW has built a strong reputation with a loyal customer base in a market that is primed for growth," LRS CEO Matt Spencer says. "Bringing GHW into the LRS family allows us to expand our Midwest footprint while maintaining the local, customer-focused service that GHW is known for. This is a best-in-class ownership group backed by a hardworking, high-integrity team, and we're excited to welcome them to LRS."

GHW will operate under its existing brand during the transition period.

"GHW trucks and branding will remain in place over the next year as we work through a thoughtful, phased integration process," McConnaughey adds. "This ensures continuity for customers and allows us to transition in a way that’s respectful to the brand GHW has built."

Customers could begin to see LRS-branded containers and equipment in the area, but the local GHW team, leadership and service model will remain in place, LRS says, adding that it is committed to maintaining continuity while supporting the team with additional resources and long-term growth opportunities.

"We're excited about the opportunity to join forces with LRS," says Kevin Walbridge, who also speaks on behalf of his other GHW partners Jim Gamage and Troy Hintze. "This partnership provides added resources and capabilities for our customers and employees while preserving the values and service standards that have defined GHW."

LRS says it will continue to prioritize service continuity, operational safety and employee opportunity throughout the integration process. The GHW team, including drivers, supervisors and support staff, will remain in place, adding more than 60 employees to the LRS ranks.

Regarding LRS' growth plans in the Midwest, McConnaughey says, "We’re always evaluating strategic growth opportunities that align with our values and operational capabilities. Indiana is an important market for us, and we remain committed to smart, sustainable expansion across the Midwest."