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Announced

Interstate Waste Services to acquire Solterra Recycling Solutions from Roark Capital.

Synopsis

Interstate Waste Services, a provider of solid waste and recycling services, agreed to acquire Solterra Recycling Solutions, a non-hazardous solid waste, organic waste and recycling collection provider, from Roark Capital, a private equity firm. Financial terms were not disclosed. "Our teams share a similar culture and mission – we seek to forge relationships between customers, the environment and technology to create a more sustainable future for our region. Combining our operations gives us the benefit of IWS's state-of-the-art recycling facilities and vertical integrated operations, while remaining a locally owned and operated business," Ed Apuzzi, Solterra CEO.

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