RiverRoad Announces Management Buyout; Poised for Growth in Waste Diversion and Recycling Industry
TINTON FALLS, N.J., March 29, 2017 /PRNewswire/ -- RiverRoad Waste Solutions Inc., a leading specialist in waste and recycling solutions, today announced it has undergone a successful management buyout from owner CharterHouse Equity Partners. The acquisition has been led by RiverRoad's CEO Kris Bunnell and COO Dan McGowan.
The transaction will enable RiverRoad to enhance its position as a market leader, building on the strong client base it has nurtured since 2004, while providing a robust platform for growth as a provider of digital solutions for efficient waste diversion and recycling.
"Today's announcement is an important milestone in the growth of our company," Bunnell said. "This is the beginning of our next chapter as a women-owned business, which has been a dream of mine for many years. Our singular focus is to better serve national clients by expanding existing services and vertical market expertise, while continuing to be an industry innovator of technology solutions that meet waste management and sustainability needs."
Strategic imperatives for RiverRoad following the transaction include leveraging the company's strong market positioning, reputation and track record working with leading brands nationwide. The company also will look to increase adoption of its market-leading digital platform for waste management and recycling, building on the myRoad 3.0 release in 2016.
In closing, Bunnell remarked, "our management team is energized by this momentous occasion. We all share a passionate belief in our company, in the RiverRoad vision, our culture, our team, partners and the many opportunities ahead."
ABOUT RIVERROAD
RiverRoad Waste Solutions Inc. is a leading specialist in waste and recycling solutions. The company makes a new future for waste possible for clients with an independent waste management approach supported by maximization of material diversion, continuous process optimization, information technology, strategic local vendor relationships and a clear commitment to service excellence. At the intersection of efficiency and environmental stewardship, RiverRoad delivers solutions that reduce cost while creating a solid platform for effective implementation of corporate sustainability initiatives.
To learn more, visit www.riverroadwaste.com.
SOURCE RiverRoad Waste Solutions Inc.
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