April 1, 2022

Columbia, SC – Capital Waste Services, LLC (“Capital Waste” or “CWS”), a portfolio company of Kinderhook Industries, LLC (“Kinderhook”), announced the acquisition of Pee Dee Environmental Services, Inc., (“Pee Dee” or the “Company”). Pee Dee is a Class II construction and demolition waste landfill located in Florence, South Carolina. This acquisition represents Capital Waste’s sixth add-on acquisition and Kinderhook’s 58^th environmental / business services transaction since inception.

“We are excited to expand CWS’ capabilities in our core South Carolina market. With the addition of Pee Dee, we will expand the reach of our roll-off operations in the region, with a vertically integrated service offering.” said Matt Parker, Chief Executive Officer of CWS. “Former owner, Richard Bonnoitt, has built a great operation. We are eager to continue to invest in the landfill and provide the best service in the market.”

“Pee Dee represents a well-positioned asset sitting in a desirable geography. As one of the few remaining independent disposal outlets in the market, we see a strong opportunity to drive outsized growth at the site.” said Rob Michalik, Managing Director of Kinderhook.

Akin Gump Strauss Hauer & Feld LLP served as legal counsel.

For additional information about this transaction, please contact: 
Robert Michalik
Managing Director
(212) 201-6789
[email protected]
 
Corwynne Carruthers
Managing Director
(212) 201-6799
[email protected]
 
Sam Keenan
Vice President
(212) 201-6795
[email protected]