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Announced

Completed

Waste Connections completed the acquisition of Pioneer Recycling Services from Delos Capital and Silverfern Group.

Synopsis

Waste Connections, an integrated waste services company, completed the acquisition of Pioneer Recycling Services, a co-mingled residential recycling firm, from Delos Capital, a lower-middle market private equity investment firm, and Silverfern Group, a global middle-market investment management firm. Financial terms were not disclosed. “We are incredibly proud of our partnership with Tommy, Greg, and the entire Pioneer team. Tommy and the Pioneer team fostered a culture of operational excellence. Over the course of our investment, we executed our value creation strategy by investing in state-of-the-art equipment and creating best-in-class material recovery facilities. We wish Pioneer continued success as it embarks on its next chapter with Waste Connections,” Jordan Mondshine, Delos Principal.

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