Firmament, a leading provider of structured equity capital solutions to small- and medium-sized enterprises, announced its strategic investment in BP Environmental Services, one of North America’s premier commercial waste and jobsite services companies.
Founded in 1998, BP Environmental has grown into a leading provider of solid and liquid waste collection services, catering to more than 2,500 customers across its extensive footprint. The Company has built a robust national network of hauling and equipment rental vendors, delivering reliable, efficient, and high-quality service to its clients.
BP partnered with Expedition Capital Partners in 2021, driving growth through strategic acquisitions and operational enhancements. In 2025, ECP and Firmament joined forces to recapitalize BP, fueling the Company’s next phase of growth and innovation.
“This partnership marks an exciting milestone for BP as we continue to scale our operations and enhance our service offerings,” said Tom France, CEO of BP Environmental. “Firmament’s expertise in the environmental services sector, combined with ECP’s continued support, positions us to deliver even greater value to our customers while expanding our footprint across North America.”
Michael Hendrie, Managing Partner at Expedition Capital Partners, added: “BP Environmental has achieved remarkable growth over the past few years, and we’re thrilled to welcome Firmament as a partner in this next chapter. Together, we are well-equipped to drive continued success and capitalize on new opportunities in the waste management space.”
Brian Peters, Principal at Firmament, emphasized the firm’s excitement about the collaboration: “BP Environmental Services has established itself as a leader in the managed waste industry, with an impressive track record of innovation and customer-centric service. We are proud to partner with the BP team and ECP to support the Company’s growth strategy and deliver sustainable, high-quality solutions to its clients.”