During the first quarter of 2006 Waste Pro has added $35.1 million in annualized revenues. $14.1 million from tuck-in acquisitions and an additional $21.0 million for new municipal contract awards which will also be merged into existing Waste Pro operations.
In Florida Waste Pro completed three (3) acquisitions and finalized an agreement to complete a fourth acquisition. Waste Pro acquired Wesley Sanitation, Choice Sanitation’s St. Lucie County accounts and Waste Management’s Taylor County accounts. Additionally an agreement has been reached to acquire municipal collection contract assets in Lee County (Fort Myers) Florida.
Waste Pro has been awarded new long-term exclusive contracts for solid waste and recycling collection for the Cities of Winter Springs, Neptune Beach, Bunnell and Port St. Lucie, Florida. The City of Port St. Lucie, which currently has 58,000 homes, is one of the fastest growing cities in the U.S., adding from 5,000 to 6,000 new homes every year.