WCA Waste Completes Acquisition

WCA Waste Corp. has completed the acquisition of certain assets of Emerald Waste Services in Florida. The assets include one transfer station and three hauling operations in central Florida consisting of 117 residential, commercial and roll-off routes servicing seven counties and 113,500 customers in the Gainesville, Orange City and Daytona Beach market areas.

The assets being acquired generate about $30 million in annual revenue and consist of 220 employees.

Upon the completion of the conditions to closing relating to the Emerald Central Florida Operations, WCA and Emerald agreed to close the purchase and sale of Emerald's Central Florida assets and entities.

In its release, WCA also has identified further growth opportunities within these market areas, including numerous hauling contracts that will be up for bid over the next several years in the central Florida market.

Tom Fatjo, Jr., WCA’s chairman and CEO, says, "We are excited about the acquisition and the opportunities for growth in these market areas. We remain focused on growing WCA by acquiring tuck-in operations in our existing markets, and acquiring companies in new markets. We are actively pursuing other acquisition candidates and hope to announce additional transactions in the near future."