Summer Street Capital Partners Announces Sale of Apple Valley Waste

BUFFALO, N.Y., Dec. 3, 2018 /PRNewswire/ -- Summer Street Capital Partners, LLC (www.summerstreetcapital.com), a private equity fund based in Buffalo, NY, announced it has completed the sale of Apple Valley Waste (www.applevalleywaste.com), a provider of solid waste collection, recycling, and disposal services serving the Mid-Atlantic region.

"We chose to partner with Summer Street Capital based on their industry experience, shared focus on customer care and safety, and support of our strategic vision," commented Apple Valley Waste CEO John Decker.  "Through investments in infrastructure we were able to build a great company focused on service, community engagement, and a family business atmosphere." 

"Apple Valley Waste's success is a result of a dedicated and knowledgeable team's commitment to customers, employees, community and environment," said Brian D'Amico, Partner at Summer Street Capital Partners.  "We are proud to have supported the team at Apple Valley, who grew a small, local provider into a community-based solid waste and recycling resource throughout the Mid-Atlantic region."  Over the course of Summer Street Capital's ownership period, Apple Valley Waste completed 16 accretive add-on acquisitions, expanding the company's geographic footprint in the Mid-Atlantic region, and creating additional footprint density.

"We thank the past owners of Apple Valley who entrusted us with their business and believed in our vision for the company.  We are grateful for our employees, customers and communities who supported us through Apple Valley's transformative growth," stated John Decker.

ABOUT APPLE VALLEY WASTE   
Headquartered in Kearneysville, WV, Apple Valley Waste is a provider of solid waste collection and recycling services.  Apple Valley provides first class solid waste collection, transfer, recycling, and disposal services to residential and commercial customers across the Mid-Atlantic region.  For more information, please visit www.applevalleywaste.com.

ABOUT SUMMER STREET CAPITAL PARTNERS LLC
Summer Street Capital Partners, LLC, founded in 1999, is a Buffalo, NY-based private equity fund manager with committed capital focused on investing in small and middle market companies.  The firm invests alongside talented managers, bringing capital and resources to support acquisitions and aggressive growth strategies.  Summer Street's investors include leading pension funds and insurance companies.  Summer Street's investments support management buy-outs, family transitions, corporate divestitures, growth financings, and recapitalizations.  Visit www.summerstreetcapital.com for additional information.

SOURCE Summer Street Capital Partners, LLC

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