These assets include 10 vehicles and two transfer stations the Bronx and Brooklyn area that will enable Action Carting to increase the quantity and quality of its recycling capabilities to serve its customers in the New York City market.
The acquisition was financed by key banking partners, including Comerica Bank, and investors Ironwood Capital and Summer Street Capital Partners.
Ron Bergamini, CEO of Action Carting, said: “We are very pleased to announce the completion of the transaction with Republic Services.
“We look forward to continuing to provide our broad range of customers, including universities, hospitals and local sports stadiums, with impeccable collection services and state-of-the-art technologies and solutions designed to help our clients meet their ‘green’ objectives to reduce, reuse and recycle.”
