Purchased dormant landfill permit and cold started operations after landfill development and construction.
Upstart landfill in very mature olygopolistic market/industry.
No revenues committed to
project when $2.2m initial capitalization was complete.
Restructured local municipal contracts thru some clever legal maneuvering.
Gained over 40% in collection and disposal market share in 11 year stint.
Sold to publicly traded waste industry consolidator at 10x initial project capitalization
Original purchase was 105 acres of real property and a C&D permit. After 11 permit modifications landfill had 40x permitted capacity (32 million cubic yards over 240 acres of footprint) and a MSW permit.
Gained over 40% market share thru restructure of municipal contracts, hauling company acquisition and growth (Delta Disposals), contract procurement, and expansion of landfill permitted waste streams.
Massive landfill redesign and upgrade from C&D waste to MSW (Subtitle D). Additional enentitlements took 7 years to complete.
Exited project at over 10x original capitalization.
