Based in Florida, National Waste Management Holdings, Inc. (OTC: NWMH) is a growing waste management company providing compliant and comprehensive solutions for waste management. The company has created long-term partnerships with a variety of customers from multiple sectors, including municipal, commercial, industrial, and institutional.
NWMH operates based upon a three-pronged approach: acquiring complementary businesses in Florida, Upstate New York and surrounding areas; expanding its presence across the United States; and increasing its operational efficiency with both its existing clients and any future acquisitions.
In Florida, the company is currently covering Marion, Citrus, Hernando, Lake, Levy, Sumter, Pinellas, Pasco and Hillsborough Counties. National Waste Management Holdings has been showing impressive growth with an aggressive acquisition strategy, acquiring and restructuring existing “mom and pop type” facilities in Florida and neighboring counties, but also in Kingston, NY, and the surrounding areas in Upstate New York.
National Waste Management Holdings completed its acquisition of a permitted waste processing and disposal facility, Waste Recovery Enterprises, LLC, in Bainbridge, NY, for $250,000 and 2.75 million restricted shares of the company’s common stock. Waste Recovery also offers commercial and residential garbage collection and roll-off services, with plans to expand service offerings to include recycled cardboard and paper shredding operations. In addition to the above, the company recently closed its acquisition of Northeast Data Destruction and Recycling, and it has three acquisitions actively in negotiation, with plans to execute letters of intent for each entity by the end of February, including a construction and demolition (C&D) and class III transfer station in New Port Richey, FL, and a recycling facility in Lakeland, FL.
The company plans to continue enhancing its geographic footprint by exhausting local opportunities and expanding into neighboring counties and states, identifying cash flow positive companies to acquire, and generally building shareholder value through accretive acquisitions and a tuck-in strategy to maximize free cash flow. To expand its national presence, NWMH plans on creating new satellite offices in order to become more customer-centric and operationally economical. In the next three to five years, NWMH plans to make an additional 12 to 20 acquisitions, representing approximately $40 to $65 million in revenue.
For more information, visit the company’s website at www.nationalwastemgmt.com