- Company GreenWay Recycling
- Acquired By Tomorrow Recycling and Thursday Capital
- Closure Date August 2025
- Industry Solid Waste
Lakeside Acquisitions Advises Sellers of GreenWay Recycling in its Sale to Tomorrow Recycling
Great Lakes Region
Lakeside Acquisitions is pleased to announce the sale of GreenWay Resource Recovery and GreenWay Recycling Services (together, “GreenWay Recycling”) to Tomorrow Recycling (“Tomorrow Recycling”), a portfolio company of Thursday Capital (“Thursday”). GreenWay Recycling, owned by Jeff Thompson, Jim Workman, and Mark Workman, is one of the premier independent transfer stations, material recovery facilities, and roll-off waste service providers in the Midwest, handling a variety of waste streams including construction and demolition, municipal solid waste, cardboard, and certain other materials. With the addition of GreenWay Recycling to their portfolio, Tomorrow Recycling will continue to leverage their extensive operational expertise and strategic guidance to continue to provide industry-leading waste and recycling services to the market.
GreenWay Recycling 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 August 21st, 2025. Lakeside’s niche focus and expertise in the waste and recycling industry helped provide invaluable insights and facilitate negotiations on behalf of GreenWay Recycling to ensure a successful outcome. The specific financial terms of the transaction were not disclosed.
GreenWay Recycling
GreenWay Recycling is a waste management and recycling business positioned at a prime location within the Great Lakes Region. Operating since 2012 and led by Jeff Thompson, Jim Workman, and Mark Workman, GreenWay Recycling consists of a 56,900 square feet material recovery facility (“MRF”) and transfer station on 5.3 acres, accepting a wide variety of materials from local businesses, contractors, residents, and waste and recycling haulers from the city and nearby suburbs. The facility operates under 24/7 Class II, Class V, and MSW permits. GreenWay also provides dumpster, transport, and disposal services for waste and recycling materials within the local market.
Tomorrow Recycling and Thursday Capital
About Tomorrow Recycling
As the premier recycling platform in the United States, Tomorrow Recycling is committed to building a more sustainable future by optimizing recycling operations, investing in cutting-edge technologies, and providing unmatched support to their recycling partners nationwide. Tomorrow Recycling is more than just a recycling company—they are a partner in advancing the industry to offer a brighter future. They collaborate with and acquire recycling facilities across the country, providing them with the resources, expertise, and capital needed to maximize recovery efficiently. By providing best-in-class operational support, strategic capital investment, and comprehensive back-office administration, they empower recycling facilities to reach their full potential.
About Thursday Capital
Thursday Capital is a private equity firm focused on control investments in industries with strong traditional fundamentals which are also ripe for significant technological transformation. While traditional private equity firms have successfully consolidated many industries with strategies focused on cost savings, incremental revenue growth and rapid scaling through acquisitions, Thursday Capital has a differentiated approach focused on transformative technology. Thursday Capital is a subsidiary of Thursday Group, which also operates Thursday Ventures, Thursday AI, and Thursday Talent.
All transactions TestimonialsDeal Team Members
Matt Hillin
Position
Senior M&A Advisor
Kelsey Brunstrum
Position
Vice President of Operations
Joe Beer JD
Position
Managing Director
Matt Brunstrum
Position
Founder & CEO