Stella Environmental Services, LLC

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Stella Environmental Services, LLC - overview

Established

1992

Location

Houston, TX, US

Primary Industry

Logistics & Distribution

About

Stella Environmental Services, based in the US, offers specialized waste management solutions, focusing on transfer station management and solid waste transportation, ensuring efficient logistics and compliance within the waste management sector. Stella Environmental Services, LLC is engaged in providing waste management services, including the operation of municipal waste transfer stations. The company was founded in 1992 and is headquartered in Houston, US. In April 2021, Leonard Green & Partners acquired the company from Hidden Harbor Capital Partners.


The firm's CEO is Heath Eddleblute, with Jack Perko also in a leadership role. Stella has participated in 5 transactions, with the most recent deal dated April 22, 2021. Stella Environmental Services specializes in comprehensive waste management solutions, particularly focusing on transfer station management, solid waste hauling and transportation, landfill tipping operations, and various other hauling services. Their core offerings include the operation and maintenance of municipal waste transfer stations, with skilled operators facilitating efficient waste movement to long-haul trailers.


Additionally, the company provides landfill tippers designed for rapid unloading operations, catering primarily to municipalities and waste management entities across the United States. Their services are particularly tailored for urban and suburban regions requiring robust waste management infrastructures, including areas throughout the Midwest and Southeast. Stella Environmental Services generates revenue through service contracts and operational partnerships with municipalities and waste management companies. Clients engage Stella for ongoing management and transportation of waste and recyclables under a B2B structure.


Pricing plans align with the scale and frequency of services, encompassing agreements for solid waste hauling, landfill tipping operations, and specialized hauling. These contracts provide a steady revenue stream as clients rely on Stella's expertise for efficient waste logistics and compliance with safety regulations, bolstered by the company's commitment to leveraging advanced technology for real-time service monitoring. Stella Environmental Services is actively planning future growth through the development and launch of new waste management solutions, with specific products expected to be rolled out in the upcoming years. The company aims to expand its operations into new geographic markets, particularly targeting additional regions within the Southeastern US by 2023.


Recent funding from Leonard Green & Partners following the acquisition in April 2021 is expected to support these initiatives, enhancing the company's capabilities in service delivery and operational efficiency.


Current Investors

Leonard Green & Partners, Joshua Partners, Action Resources, Inc.

Primary Industry

Logistics & Distribution

Sub Industries

Waste Management, Environmental Services, Trucking

Website

www.stellaenv.com

Company Stage

Mature

Total Amount Raised

Subscriber access only

Stella Environmental Services, LLC - deals

Deals TypeDeal StatusTarget (s)Deal DateInvestor(s)Seller(s)Deal size (Mn)Enterprise value (Mn)Post-money valuation (Mn)EBITDA multiple (x)Revenue multiple (x)Lead partner (s)
Secondary BuyoutCompletedStella Environmental Services, LLC-
Add-onCompletedCentral Missouri Transfer, LLC-
Add-onCompletedJack Herod Trucking, LLC-
RecapitalisationCompletedStella Environmental Services, LLC-
Add-onCompletedRackleff Enterprises LLC-

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