Superior Waste Industries, LLC, a Shawnee, OK-based environmental services holding company, completed its fourth acquisition by acquiring Sue鈥檚 Recycling & Sanitation, a solid waste management company offering commercial, residential, and roll-off collection services to customers across eastern Oklahoma. Sue鈥檚 operates two transfer stations, located in Vian and Eufaula, Oklahoma, respectively.
鈥淪ue鈥檚 is another great addition to the Superior USA Waste network, both strategically and culturally, as we continue our strategy of expanding and densifying across Oklahoma,鈥� said Billy Dietrich, Chief Executive Officer of Superior USA Waste. He continued, 鈥淭he Smith family, who founded Sue鈥檚 over 30 years ago, has established a legacy of delivering high quality service and putting customers first. We are committed to continuing that legacy, and we are fortunate to have Taylor Smith and the rest of the Sue鈥檚 team join the Superior USA Waste family.鈥�
鈥淚t has been a pleasure working with Billy and the Superior USA Waste team, and it is comforting to know they share our family鈥檚 commitment to customer relationships and service,鈥� said Taylor Smith, son of Sue鈥檚 founder, Sue and Jim Smith. Smith added, 鈥淚 am excited to join the Superior team and look forward to contributing to the future success of our combined platform.鈥�
Superior USA Waste intends to be the 鈥減artner of choice鈥� for waste industry entrepreneurs seeking growth capital or to transition their businesses. Superior partnered with Red Dog Equity LLC, an Atlanta-based private equity firm, which, through its partnership with Monroe Capital and Tom Pritzker鈥檚 family business interests (advised by The Pritzker Organization), has additional equity capital available to fund Superior鈥檚 future acquisitions. Monroe Capital also provides debt financing for Superior USA Waste. Superior USA Waste has significant growth capital at its disposal and is actively seeking acquisitions and development opportunities.