Laurel Mountain Partners: Buy Box & Recent Acquisitions

At a glance

EBITDA range	$3M+ S4
Revenue range	$10M+ S4
Deal types	Platform, Add-on, Minority, Growth S1
Geography	United States S4
Sectors	Environmental & Waste

What Laurel Mountain Partners buys

Laurel Mountain Partners is a family-run independent sponsor that has bought and built waste and environmental services companies since 1990. It says it has acquired more than 100 companies across seven platforms, including Liberty Tire Recycling. Its target list covers solid waste and construction and demolition hauling, transfer stations and landfills, recycling, organics and compost, portable toilets and septic, wastewater removal and waste brokerage. As an independent sponsor it raises money deal by deal; its 2025 purchase of Denver hauler 5280 Waste Solutions was financed with Tecum Capital and Comerica Bank.

It invests in two ways. As a sponsor it buys all or part of a company and can use earnouts, seller notes and rollover equity. Through Laurel Mountain Capital, formed in 2024, it provides subordinated debt and minority equity to companies with roughly $10 million or more of revenue and $3 million or more of EBITDA, held for three to five years. A smaller hauler is most likely to meet the firm as a tuck-in for 5280 in Denver or Bruin Waste on Colorado's Western Slope.

Recent deals

Announced in the 24 months before October 26, 2026.

Date	Company	Type	Sector	Source
Dec 2025	Compost Colorado and WompostTwo Denver-area compost haulers, including the city's first commercial compost site, combined under 5280 Waste Solutions	Add-on	Environmental & Waste	Source
Apr 2025	5280 Waste SolutionsMajority recapitalization of a Denver roll-off and C&D hauler, with Laurel Mountain Capital and Tecum Capital supplying junior capital	Platform	Environmental & Waste	Source

Portfolio by sector

From the firm's portfolio page S5.

Current platforms

5280 Waste Solutions (with Compost Colorado and Wompost)

Investments & Consolidations

Telluride Waste Services (Bruin Waste)
Star Waste Systems Minority stake

Past investments: Hainesport Transportation Group (HTG), Pro Disposal, Lewis Clark Recycling & Disposal, Liberty Tire Recycling, Liberty Waste IV, Liberty Waste II

Greymont’s take

How Laurel Mountain Partners fits a seller

Laurel Mountain suits owners of hauling, roll-off, recycling, compost or septic businesses who want a buyer that has run waste companies itself. Its partners operate the platforms day to day: Jeff R. Kendall is CEO of 5280 and of Bruin Waste. A sale usually means joining one of those Colorado platforms, as Compost Colorado and Wompost did in late 2025, or anchoring a new regional build. The firm offers full or partial buyouts, earnouts, seller financing and continued equity, so terms can be shaped around the owner, and an owner who wants to keep control can look at its junior capital instead.

Because an independent sponsor lines up equity for each deal, ask who is funding yours and how firm that money is. Also ask about the exit plan: past platforms were sold to buyers such as Waste Connections and Allied Waste, which shapes what any rolled equity is worth.

Questions owners ask

Does Laurel Mountain Partners buy waste hauling companies?

Yes. Environmental services is its only focus. Its target list covers solid waste and C&D hauling, transfer stations and landfills, recycling, organics and compost, portable toilets and septic, wastewater removal and waste brokerage. It currently runs 5280 Waste Solutions in Denver and Bruin Waste in western Colorado.

Can I raise capital from Laurel Mountain without selling control?

Yes. Laurel Mountain Capital, formed in 2024 by Jeff Kendall, Dickson Suit and Peter Kendall, provides senior subordinated debt and minority equity. It looks for about $10 million or more of revenue and $3 million or more of EBITDA, will consider smaller companies case by case, and expects to hold for three to five years.

Who has Laurel Mountain sold its companies to?

Its exits include Lewis Clark Recycling & Disposal to Waste Connections in 2019 and Pro Disposal to Macquarie-backed Coastal Waste Services in 2023. Earlier, Liberty Waste II went to Waste Connections and Liberty Waste I to Allied Waste, and Liberty Tire Recycling was sold to American Securities in 2008.

Sources

S1Laurel Mountain Partners home page Accessed October 26, 2026
S2Laurel Mountain: About Us, history and team Accessed October 26, 2026
S3Laurel Mountain: Sell Your Business Accessed October 26, 2026
S4Laurel Mountain: Strategic Capital (Laurel Mountain Capital criteria) Accessed October 26, 2026
S5Laurel Mountain portfolio: Investments & Consolidations Accessed October 26, 2026
S6Laurel Mountain portfolio: Prior Investments Accessed October 26, 2026
S7Tecum Capital Announces Investment in 5280 Waste Solutions (April 9, 2025) Accessed October 26, 2026
S85280 Waste News: Colorado waste companies partner for one-stop collection service (December 10, 2025) Accessed October 26, 2026
S95280 Waste News: Investment and consolidation accelerate expansion of Colorado's composting services (January 20, 2026) Accessed October 26, 2026
S10Waste Dive: 5280 Waste Solutions prepares for Denver compost rules with 2 acquisitions (January 29, 2026) Accessed October 26, 2026
S11Tecum Capital Announces Sale of Hainesport Transportation Group (August 13, 2026) Accessed October 26, 2026

Compiled by Greymont Advisors from public sources, including the firm’s own website and press releases. Greymont is not affiliated with Laurel Mountain Partners. Figures are as reported on the dates shown and may have changed. Request a correction