National Waste Partners buys GKI

National Waste Partners, which is backed by Bestige Holdings, LLC, has acquired GK Industrial Refuse Systems.

National Waste Partners, which is backed by Bestige Holdings, LLC, has acquired GK Industrial Refuse Systems. No financial terms were disclosed. GKI is a Tacoma, Washington-based equipment sales, rental and service company.

PRESS RELEASE

Park City, UT – January 31, 2020 – National Waste Partners, a portfolio company of Bestige Holdings, LLC, announced that it has acquired GK Industrial Refuse Systems. Terms of the transaction were not disclosed.

“The acquisition of GK Industrial Refuse Systems provides National Waste with another great platform to further grow its portfolio of compactor and baler assets and enhance its overall service offerings,” said Blake Boardman, Vice President of Bestige Holdings, LLC. “This transaction marks the fourth add-on for National Waste and provides us with an opportunity to better serve customers in the Seattle, Spokane, and Portland metropolitan areas.”

GK Industrial Refuse Systems (GKI) is a Tacoma-based equipment sales, rental, and service company that has offered high quality compaction equipment and services to Washington and Northern Oregon for over four decades. The company handles various service needs for customers ranging from design and installation to repairs, paint jobs, and heavy-duty rebuilds. Since its founding in the 1970s, GK Industrial Refuse Systems is widely recognized as a leader in its market.

“As we continue to expand our national footprint, growth in the Pacific Northwest is a strategic priority,” said David Myles, CEO of National Waste Partners. “GKI is a great addition to our organization given their market leadership position in the region. Their strong brand and closely aligned product and service offerings allow us to efficiently broaden our reach in this important market.”

About National Waste Partners, LLC
National Waste Partners, through its various subsidiaries, provides compactor and baler rentals, repair, and waste coordination services to over 3,500 customers across the nation. Subsidiaries include Compactor Rentals of America, National Compactor Rentals, J-Mec, Action Compaction Services, and Environmental Equipment Services. For additional details please visit: https://nationalwastepartners.com.

About Bestige Holdings, LLC
Bestige Holdings is a long-term focused private investment firm that is building and developing a portfolio of equity investments in high potential businesses. Bestige invests in businesses with high potential, reasons to exist, and strong value propositions that it can work with for decades to come. Investment candidates typically include those with headquarters and/or significant operations within North America, $50 to $250 million of revenue, and $5 to $20 million of EBITDA.