H.I.G. Capital, a leading global alternative investment firm with $64 billion of capital under management, announces that one of its affiliates has completed the acquisition of Best Trash, LLC. Headquartered in Richmond, TX, Best Trash is a market leading municipal solid waste platform serving the residential waste collection needs of select markets in Texas including the Greater Houston Area . Best Trash services utility districts, municipalities, homeowner associations, and individual residences.
Mark Moderski, Chief Executive Officer of Best Trash, commented, 鈥淲e are thrilled to partner with H.I.G. and leverage their significant experience and resources as we enter this next phase of growth. Best Trash has built its brand providing exceptional service to its customers, and we look forward to continuing to serve the communities in which we operate.鈥
Miriam Rafiqi, Managing Director at H.I.G. Infrastructure, added, 鈥淲e are excited about the opportunity to partner with Mark and his outstanding management team in the Company鈥檚 next stage of growth. Best Trash provides essential and recurring services under long-term contracts and has a reputation for prioritizing reliable and consistent customer service, which will continue to drive growth in the business. We look forward to supporting management鈥檚 continued growth initiatives.鈥