|
Blue Mountain
Recycling, LLC was established in 2001 and grew into the largest
independent materials recycling facility company in the Mid-Atlantic
region of the U.S.
By 2005, the
Company had posted several years of strong revenue growth, increasing
profitability and was positioned to further accelerate its growth
from significant new market opportunities. The Members of the Company
determined that a sale of the Company would best enable them to
both realize maximum value today while also providing the support
for the Companys growth.
Curtis Securities
was engaged and initiated a targeted auction process. In an accelerated
timeframe, the Company was acquired by Casella Waste Systems, Inc.
(NASDAQ: CWST) under a transaction structure that provided both
current and future opportunities for the Members.
Curtis Securities
served as Blue Mountain Recyclings exclusive financial advisor
in connection with this transaction, assisting the Companys
Members in structuring and negotiating the terms of the transaction.
|