Jackson, Georgia
Lakeside Acquisitions is pleased to announce the sale of Clean Earth Sanitation, LLC (“Clean Earth”) to Arrow Waste (“Arrow”) backed by Carr’s Hill Capital Partners Management, LP (“Carr’s Hill Partners”). Clean Earth, owned by Tony Carder, is one of the fastest growing residential and commercial waste and recycling collection businesses in Georgia. The geographical alignment with Clean Earth will allow Arrow to expand their existing waste collection footprint into additional central Georgia counties.
Clean Earth engaged Lakeside Acquisitions to lead and execute the complete transaction process, with Lakeside serving as the exclusive M&A advisor throughout the duration of the deal, which closed on September 11th, 2024. Lakeside’s niche focus and expertise in the waste and recycling industry helped provide invaluable insights and facilitate negotiations on behalf of Clean Earth to ensure a successful outcome. The specific terms of the transaction were not disclosed.
Founded in 1999 as one of the premier residential waste and recycling collection businesses in the greater Jackson area, Clean Earth saw unprecedented customer and revenue growth after being acquired by Tony Carder in 2019. Business growth can be attributed to an emphasis on exceptional customer service and name recognition, as well as an expanded service offering through the addition of both roll-off dumpster and commercial front load services in 2023.
About Arrow Waste
Arrow Waste is a leading waste hauling business servicing over 25,000 residential, commercial and industrial customers annually in the Atlanta metropolitan area. Arrow’s service and scale make it a well-known and highly valued brand among local customers as demonstrated by the company’s diverse and growing customer base. Arrow serves as the initial platform in a broader buy-and-build integrated waste growth strategy, with acquisitions of B Green Services and Pinnacle Waste Services both completed in 2023.
About Carr’s Hill Partners
Founded in 2019 and based in New Orleans, Louisiana, Carr’s Hill invests in lower middle-market industrial and infrastructure services companies. The Carr’s Hill team brings the experience and learnings from over 50 private investments, further supported by a cultivated network of formal and informal partners and executives who are experts in their fields. Carr’s Hill has completed 11 total acquisitions over 5 platform investments.
All transactions