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Article: $100M infusion for Waste Pro.(News)
- Article from:
- Waste & Recycling News
- Article date:
- October 12, 2009
CopyrightCOPYRIGHT 2009 Crain Communications, Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Byline: Jim Johnson
Jeffrey J. Keenan can't keep out of the trash.
As president of Roark Capital Group, an Atlanta-based private equity firm, he is investing $100 million in Waste Pro USA Inc.
Keenan is a co-founder and former chairman of IESI Corp. He left that solid waste management company after it merged with BFI Canada in 2005.
Roark is bullish on the solid waste sector in general and Waste Pro in particular, Keenan said. During a recent interview he couldn't find enough good things to say about the Longwood, Fla.-based company that has operations in the Southeast.
"We think that Waste Pro is just a fantastic company. ...