Sept. 29 — Roark Capital Group, an Atlanta-bases private equity firm, is investing $100 million in Waste Pro USA Inc.
“Waste Pro has an outstanding reputation for delivering high quality service to its municipal, residential and commercial customers. We are thrilled to be partnering with John Jennings and his management team and look forward to supporting the Company´s growth initiatives,” said Roark Capital Group President Jeffrey J. Keenan.
Waste Pro, based in Longwood, Fla., was created in 2001 by Chairman and CEO John Jennings.
Keenan also joined the Waste Pro board. He co-founded and served as chairman of IESI Corp. from 1996 to 2005.
Waste Pro provides solid waste collection, disposal and recycling services to more than 825,000 residential and 32,000 commercial customers in the Southeast.