Newly formed Ecowaste Solutions looks to double size in 3 years

Group 1 - Kinderhook Industries announced the formation of Ecowaste Solutions, a waste and recycling platform, through the merger of Live Oak Environmental and Cards Recycling, supported by a $1 billion continuation vehicle transaction with Goldman Sachs Alternatives and Apollo S3 [8] - The combined entity, Ecowaste, generates approximately $300 million in annual revenue and operates a fleet of over 600 vehicles, 29 hauling yards, nine transfer stations, and three landfills [5][8] - Ecowaste plans to expand its footprint in the Gulf Coast and regions including Kansas, Oklahoma, Louisiana, Arkansas, Missouri, and western Alabama, with initial acquisitions including Gardner Disposal and Baker Trash Service [6] Group 2 - Dustin Reynolds, previously CEO of Cards, has been appointed as the CEO of Ecowaste, credited with driving Cards' rapid growth [7] - Kinderhook's strategy focuses on maintaining a core emphasis on waste and recycling services rather than diversifying into broader environmental services [5][4] - The merger of Live Oak and Cards was driven by the realization that the two companies could synergize effectively, enhancing growth potential [4]