Stella Environmental Holdings, Inc., a Hidden Harbor Capital Partners portfolio company that provides transfer station management and municipal waste logistics services, announces the purchase of Central Missouri Transfer, LLC, continuing to expand its geographic footprint, diversifying its customer base, and strengthening its existing facility management, hauling, and loading capabilities.
Headquartered in Saint James, Missouri, CMT is a market leading provider of transfer station management services throughout Missouri and Arkansas. CMT will provide significant density to Stella鈥檚 existing network in the area and help Stella continue to exceed its customers鈥� expectations. 鈥淭his acquisition strengthens our position in the transfer station management industry by expanding our reach and deepening our capabilities throughout the Midwest. CMT is an ideal fit with Stella given its strong customer relationships and focus on top notch service,鈥� said Heath Eddleblute, CEO of Stella.
鈥淭he CMT team is very excited to join market leader Stella鈥�, said Scott Gahr, founder of CMT. 鈥淛oining a larger platform will allow us to pursue additional growth opportunities and gain operational efficiencies in the market.鈥�
Stella was formed as a standalone company after the acquisition by Hidden Harbor Capital Partners from Action Resources in August 2017. Stella鈥檚 acquisition of CMT closed on December 31, 2020.