Charter Capital announces that its client, Plummer鈥檚 Environmental Services, Inc, has been acquired by GFL Environmental, a portfolio company of Apollo Asset Management. Charter served as the exclusive sell-side advisor to Plummer鈥檚 in the transaction.
Headquartered in Grand Rapids, Michigan, Plummer鈥檚 provides industrial and municipal environmental services across the Michigan market. The company鈥檚 offerings include industrial waste collection, transportation, treatment, and disposal, as well as municipal services such as sewer system maintenance and hydro excavation. The company has built a strong reputation for reliability, safety, and regulatory compliance over its decades of operation.
The acquisition by GFL 鈥� a North American leader in environmental services 鈥� further strengthens GFL鈥檚 industrial and environmental services platform, expanding its presence and capabilities across key regional markets.
鈥淲e鈥檙e proud to have advised Plummer鈥檚 Environmental Services through this important transaction,鈥� said Mark Streekstra, Partner and Managing Director at Charter Capital. 鈥淧lummer鈥檚 has long set the standard for industrial services in the region, and we鈥檙e confident this partnership with GFL will create exciting opportunities for continued growth and innovation.鈥�
鈥淭his partnership marks an exciting new chapter for our team and customers,鈥� said Todd Plummer, President of Plummer鈥檚 Environmental Services. 鈥淲e鈥檙e grateful to Charter Capital for their guidance throughout the process, and we look forward to joining forces with GFL to continue to grow and serve our customers.”