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acvenviro.com

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About ACV Enviro

ACV Enviro is a provider of industrial, field, and waste disposal solutions.

ACV Enviro Headquarter Location

928 East Hazelwood Avenue

Rahway, New Jersey, 07065,

United States

800-777-4557

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Latest ACV Enviro News

Waste Connections acquires E.L. Harvey

Sep 2, 2021

Waste Connections acquires E.L. Harvey E.L. Harvey is the largest family-owned and -operated solid waste company in Massachusetts. Waste Connections Inc. , Ontario, Canada, announced on Sept. 1 that it has acquired E.L. Harvey & Sons Inc. With a 110-year history dating back four generations, E.L. Harvey is the largest family-owned and -operated solid waste services company in Massachusetts, with total annualized revenue of approximately $110 million. E.L. Harvey, based in Westborough, Massachusetts, provides solid waste collection, recycling and transfer services to commercial, industrial, municipal and residential customers primarily in central and eastern Massachusetts, as well as southern New Hampshire. "The Harvey family has established one of the most respected companies in our industry, and we are honored to welcome Harvey to the Waste Connections family. Together with their continuing leadership team, we look forward to carrying on the Harvey name and further expanding its market position, as well as enhancing its strong culture of support for its employees, customers and communities," Worthing F. Jackman, president and CEO of Waste Connections, says. Waste Connections also announced the closing of one of its two previously announced signed acquisitions, with approximately $50 million of annualized revenue from franchise operations in Northern California and Nevada. The company expects the other signed acquisition, a solid waste services provider with approximately $25 million of annualized revenue from franchise operations in Oregon, to close during the fourth quarter. New York-based Kinderhook Industries LLC has announced the sale of ACV Enviro Corp., a hazardous waste management firm created by Kinderhook in late 2015. The buyer of ACV is not disclosed in Kinderhook’s announcement. ACV is a regional provider of integrated hazardous and nonhazardous waste management services throughout the northeastern United States. ACV’s commercial and institutional customers include utilities, refineries, power plants, chemical manufacturing plants, academic and medical institutions. In Waste Today's "Largest Haulers in North America of 2020" list, ACV Enviro ranked as the 17th largest hauler with revenues of $200 million. Avenel, New Jersey-based ACV Enviro was created by Kinderhook in November 2015 through the combination of Clean Venture Cycle Chem and Allstate Power Vac Inc. Kinderhook says it “recruited well-known industry executives to build a vertically integrated environmental solutions business and execute on an aggressive growth strategy by building a uniquely permitted footprint, investing in technology infrastructure as well as capabilities at its waste processing facilities, and completing three strategic add-on acquisitions. “This is an outstanding outcome for Kinderhook, ACV, and its employees,” comments Rob Michalik, managing director of Kinderhook “The ACV team, led by Andy Shackett, executed on an aggressive growth strategy to build a highly strategic, vertically integrated environmental solutions business. We are very proud of the ACV team’s accomplishments and expect the company to continue its track record of success in the future.” Kirkland & Ellis , Chicago, served as legal counsel to ACV, and Brown Gibbons Lang & Co , Cleveland,. served as ACV’s financial advisor for the transaction. Ferndale, Michigan-based Fire Rover has introduced what it calls an early fire detection solution for landfills, adding to its fire detection and elimination product line. The new product, OnWatch, is a remotely monitored, wireless early detection unit that uses a combination of thermal cameras and Fire Rover agents to detect and identify deep-seated fires, the company says. “Landfill fires can be severe and can put facilities, equipment and workers at risk,” says Ryan Fogelman, a vice president with Fire Rover. “Keeping this in mind, we designed OnWatch to work not only for landfills but for outdoor piles, construction projects, wildfires, overflow tip floors, [composting] windrows and more.” OnWatch is designed and made to withstand the harsh environments of landfills, says Fire Rover, including dust, wind and uneven surfaces. It is mobile, powered by both solar and wind, and uses 4G technology to communicate with Fire Rover agents. The device is needed because some fires are not known to landfill operators until there is enough smoke to draw the attention of passersby, says the company. Such incidents can occur during off hours, weekends and holidays when crews are not there working the pile. If a fire is noticed during normal operating hours, an operator can add dirt or sand to the fire to cover or suffocate it. When undetected fires burn both on the surface and deep into the pile, many issues can occur including landfill liner damage. While landfill liners are designed to be tough, too much fire, heat, suppressant agent and water can put the integrity of the liner at risk, Fire Rover says. “At Fire Rover, our philosophy is the earlier you detect a fire, the better the outcome,” Fogelman says. "All of our solutions back that philosophy, including our thermal-only options, our boxless solution, our fire sprinkler replacement solution and now our OnWatch solution.” He adds, “We’re learning more about the needs and wants of the industry, and we’re continuing to think outside the box and design proven solutions to combat the ongoing fire challenges the waste and recycling industry faces on a daily basis.” A video promoting and demonstrating OnWatch can be found on this webpage . The recycling of construction and demolition materials has increased significantly by volume and percentage in the preceding decades. However, the leader of one investment firm and self-described innovation center, Closed Loop Partners, says architects, builders and developers may still need to address issues that can lead to considerable carbon dioxide (CO2) emissions. New York-based Closed Loop Partners has been most active in packaging or municipal recycling, with a particular eye on contributing to how discarded plastic  is handled in the United States and globally. In his new book “The Waste Free World,” Closed Loop Partners CEO Ron Gonen also examines the construction sector, in part to see how CO2 emissions may need to be reduced. Brian Taylor of Construction & Demolition Recycling magazine was offered the chance to ask Gonen for some of his thoughts on issues the C&D sector may need to address in the approaching years. Construction & Demolition Recycling (CDR): Are there certain C&D materials or building products you have identified that have low recycling rates? Ron Gonen (RG): The materials used in construction and demolition represent significant value, including steel, concrete, glass, plastic and metal. In our current linear take-make-waste economy, finite resources are mined and extracted in energy intensive processes to produce materials that ultimately end up in a landfill or incinerator after use. In 2018, according to the United States Environmental Protection Agency (EPA), 600 million tons of C&D waste were generated, and C&D concrete was by far the largest portion of this at 67.5 percent. As I detail in my recently published book, “The Waste Free World,” concrete is the world’s most commonly used building material, and construction’s worst greenhouse gas offender. The manufacturing of cement alone accounts for an estimated eight percent of total annual greenhouse gases emitted around the world. Cement is made from complex mixes of limestone, shells, chalk, shale, clay, slate, blast-furnace slag, silica sand, and iron ore––which, when heated to 2,700 degrees Fahrenheit, combine to form a rock- hard mass that is then finely ground into cement powder. It is clear that C&D has a massive [emissions] situation on its hands, which will only increase as existing and decaying infrastructure is torn down to make way for new construction. To transition to a circular economy in the built environment, it’s critical to reuse and recycle existing building materials for as long as possible. At the same time, we need to consider designing out waste from the very start. This means considering new kinds of sustainable materials to use in construction and harnessing new technologies to better trace the life cycle of building materials. CDR: To what extent does Closed Loop have current investors or allies who may wish to invest in boosting building materials recycling? RG: Closed Loop Partners is committed to scaling circular economy and recycling infrastructure that keeps valuable materials cycling through manufacturing supply chains. Through Closed Loop Partners’ Infrastructure Fund, supported by the world’s largest retailers, corporate foundations, industry associations, materials science and consumer goods companies, we’ve invested in companies that are creating more circular solutions for the built environment. This includes Aero Aggregates, the first vertically integrated manufacturer of ultralightweight aggregate made from 100 percent recycled materials in the U.S. The company turns postconsumer recycled glass in the Philadelphia region into “foamed glass” that has applications in transportation, infrastructure and construction. We’ve also invested in GreenMantra Technologies, a company that converts consumer plastics into polymers that can be used for building/construction materials like asphalt and roofing, and IntegriCo, a company that turns low value recycled plastics into composite railroad ties and other related products. CDR: To what extent do you think federal or state incentives or policies can play a role in creating additional C&D recycling opportunities? RG: With President Biden’s administration prioritizing building sustainable systems and fighting climate change, we see great potential to catalyze a more rapid transition to a circular economy. Alongside working with local governments and municipalities, we continue to collaborate with our corporate partners and other major entities in the private sector, working towards innovative solutions to large-scale problems. A confluence of factors, including increasing regulatory pressures, consumer demand for more sustainable business practices, and growing climate risks, are driving opportunities for a more profitable and sustainable future for C&D. CDR: How have contractors and property developers responded when contacted by you or Closed Loop Partners with ideas or questions about improving recycling rates? RG: We are seeing growing interest from contractors and property developers when it comes to transitioning to circular business models. Stakeholders are increasingly understanding the risks of continuing business as usual, and a circular economy offers a framework for global corporations and startups alike to reimagine capitalism in order to reduce costs, increase efficiency and protect the environment we share. It is a platform to amplify opportunities for growth in a natural resource-constrained world. The  Vermeer TG7000 tub grinder  packs innovation and power for large land clearing projects and organic/wood waste processing applications. It processes through wood waste quickly with the exclusive Vermeer duplex drum to minimize maintenance, a PT tech wet clutch with microprocessor to automatically limit torque when necessary, and a patented cutting system outfitted with 10 hammers and 20 double-bolt cutter blocks. Optional climate-controlled cab and grapple loader makes the TG7000 a one-man operation to help reduce labor costs and increase job site efficiency. Features & benefits: STANDARD RADIO REMOTE CONTROLS. Standard radio remote controls allow most machine functions to be operated from the convenience and comfort of a mobile loader. CONTINUOUS UNDERMILL DISCHARGE CONVEYOR SYSTEM. Handle more material with the continuous undermill conveyor system that resists clogging. LOW-PROFILE COVER AND DEFLECTOR. Reduce quantity and distance of thrown objects with a low-profile tub cover and rotor deflector. OPTIMAL CUTTING PERFORMANCE. The patented Series III duplex drum offers proven cutting performance, and reversible hammers and tips nearly double the wear life of single-sided designs and simplify daily maintenance. JOB SITE SAFETY. The patented thrown object restraint system (TORS) reduces the amount and distance of thrown material debris and has a smooth underside for better material flow. OVERBAND MAGNET. An optional overband helps remove ferrous material from the end product.

ACV Enviro Acquisitions

1 Acquisition

ACV Enviro acquired 1 company. Their latest acquisition was CTR Industries on October 01, 2018.

Date

Investment Stage

Companies

Valuation
Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model.

Total Funding

Note

Sources

10/1/2018

Acquired

1

Date

10/1/2018

Investment Stage

Companies

Valuation

Total Funding

Note

Acquired

Sources

1

ACV Enviro Team

1 Team Member

ACV Enviro has 1 team member, including current Chief Financial Officer, Ken Wunderlich.

Name

Work History

Title

Status

Ken Wunderlich

Chief Financial Officer

Current

Name

Ken Wunderlich

Work History

Title

Chief Financial Officer

Status

Current

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