Announced

Completed

Macquarie Group-backed LRS completed the acquisition of Orion Waste Solutions.

Synopsis

Macquarie Group-backed LRS, a waste management firm, completed the acquisition of Orion Waste Solutions, a waste disposal and management company. Financial terms were not disclosed. "This new LRS - South platform will allow expanded product offerings and cross selling opportunities throughout the entire state of Arkansas along with Oklahoma, Kansas, and Missouri. The rapidly growing northwest Arkansas market has little or no recycling services and these acquisitions provide the perfect environment to graft LRS' world class recycling offerings into this progressive market. I am thrilled to welcome the Orion team to the LRS family. Under their collective leadership we look forward to explosive organic and acquisition related growth in this market," Alan T. Handley, LRS President and CEO.

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MergerLinks - Macquarie Group-backed LRS completed the acquisition of Orion Waste Solutions.