Here To Serve Holding announced that its wholly owned subsidiary, Here To Serve – Missouri Waste Division, has closed on the previously announced acquisition of nearly all of the assets and operations of its initial waste management company, Meridian Waste Services in St. Louis, MO area.
The acquisition incorporates a nine-year old solid waste and environmental service company that provides waste and recycling services to certain markets around the St. Louis, MO area. Completing this acquisition provides HTSC its first operating asset in its Waste Division.
Here To Serve – Missouri Waste Division was created with the goal of building a regional environmental services company focused on providing excellent service while bringing additional value to municipalities and customers across the Southeastern Conference with its subsidiaries products and services.
“In 2014, we expect as a consolidated company, Here To Serve Holding Corp. will have revenues of over $12 million on an annualized basis; with over $3 million in EBITDA annualized. The $20.6M purchase price consists of stock and cash, in the form of senior debt,” company officials said.