Three Austin area waste-related businesses have recently been purchased by Nexwaste LLC, Austin, TX. Recon Services, a long-time local rolloff, construction material waste hauler and recycler,聽 Rockin Disposal, a construction material waste hauling company, and聽 Mobile Magic, which had construction material waste transfer station, were obtained by Nexwaste. Terms of the agreement were not released.
Recon, operated by the Biel family, has provided waste services to the Austin market for more than 20 years. Walter Biel remains with Nexwaste as CEO, bearing out the company motto of Run By Operators. It will keep most of the personnel at all the companies as part of its belief in continuity. Nexwaste executives will work with the companies鈥� staff to provide expertise to help improve profitability. This is germane to Nexwaste鈥檚 growth plan, to both grow organically but also by acquisition, especially in the Texas triangle of Dallas, San Antonio and Houston.
鈥淲e feel that because of this area鈥檚 continued strong growth we want to focus on working with companies here,鈥� says Biel. 鈥淲e are especially interested in working with those owners who are local leaders in their market and want to either stay on to further the operation, or don鈥檛 want to see their company acquired and dismantled by a large corporation.鈥�
These acquisitions are part of a recent string of purchases by NexWaste, whose executives are all long-time veterans of the waste industry. More growth is expected to be announced soon.