Highstar Capital-backed Advanced Disposal files for IPO

Advanced Disposal, a provider of solid waste collection, transfer, recycling and disposal services, has filed for an IPO. The number of shares the stock will sell as well as its pricing terms have yet to be set. Deutsche Bank Securities, Credit Suisse and Barclays are serving as the lead underwriters. Advanced Disposal is backed by Highstar Capital.


PONTE VEDRA, Fla.–(BUSINESS WIRE)–ADS Waste Holdings, Inc. (“Advanced Disposal”) announced today that it has filed a registration statement with the U.S. Securities and Exchange Commission (the “SEC”) relating to the proposed initial public offering of its common stock. The number of shares to be offered and the price range for the offering have not yet been determined.

Deutsche Bank Securities, Credit Suisse and Barclays are acting as lead book-running managers in the proposed offering. Additional book-running managers are BofA Merrill Lynch, Macquarie Capital, Morgan Stanley and UBS Investment Bank. Wells Fargo Securities and First Analysis Securities Corp. are acting as co-managers in the proposed offering.

The offering will be made only by means of a prospectus. A copy of the preliminary prospectus related to the offering may be obtained, when available, from: Deutsche Bank Securities Inc., Attn: Prospectus Group, 60 Wall Street, New York, NY 10005, by telephone at (800) 503-4611, or by emailing prospectus.cpdg@db.com; Credit Suisse Securities (USA) LLC, Attention: Prospectus Department, One Madison Avenue, New York, NY 10010, by telephone at (800) 221-1037, or by emailing newyork.prospectus@credit-suisse.com; Barclays Capital Inc., c/o Broadridge Financial Solutions, 1155 Long Island Avenue, Edgewood, NY 11717, by telephone at (888) 603-5847 or by e-mailing barclaysprospectus@broadridge.com.

A registration statement relating to these securities has been filed with the SEC, but has not yet become effective. These securities may not be sold nor may offers to buy be accepted prior to the time the registration statement becomes effective. This press release shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of these securities in any State in which such offer, solicitation or sale would be unlawful prior to the registration or qualification under the securities laws of any such State.

About Advanced Disposal
Advanced Disposal is a leading integrated provider of non-hazardous solid waste collection, transfer, recycling and disposal services to residential, commercial, industrial and construction customers across 18 states and the Bahamas.