Compaction Plus acquired by Metro Compactor Service Inc.
The Company
Compaction Plus is an Ontario based provider of waste and recycling equipment. Founded in 1992, the company is well entrenched in the local market providing sales and rentals and refurbishing in recycling and compaction equipment. Profitability was excellent and the company had no debt.
The Divestiture
Without succession within their family, the owners retained our company to sell the business. Working with them, we developed a short list of qualified industry buyers already in the ‘compaction’ business who were best positioned to leverage the company’s assets.
The Results
In November 2022, as announced, the Compaction Plus business was sold to Metro Compactor Services Inc. Canada’s leading provider of waste and equipment service, rental and sales.