Miller Environmental Group, a Coalesce Capital portfolio company, announced that it has acquired Haz-Mat Environmental Services, a leading full-service provider of industrial and waste treatment and disposal services, and Canco, a leading provider of industrial services.
Haz-Mat and Canco, headquartered in Charlotte, N.C. and Chester, S.C., respectively, provide a full suite of specialized industrial and waste services, including industrial cleaning, hydro-blasting, and waste collection, transportation, treatment, and disposal. Haz-Mat and Canco serve several blue-chip customers in the Southeast region, with a market-leading reputation for reliability, quality, and safety.
The acquisition of Haz-Mat and Canco further strengthens Miller’s vertically-integrated platform, adding density and capabilities within key regional markets following Miller’s recent acquisition of ACE Environmental.
Robb Schreck, CEO of Miller, said: “The acquisition of Haz-Mat and Canco solidifies our presence in an attractive market, while contributing highly complementary services to better serve our respective customers’ needs. We are excited to add these trusted teams, known for quality and safety, that reflect Miller’s own values, and we look forward to working together to maximize our collective capabilities.”
“We are excited for this new chapter with Miller,” said Neil Danziger, President of Haz-Mat and Canco. “We believe there is significant value and potential in combining two long-standing pillars in the environmental services industry. By bringing together our respective companies’ scale and breadth of services across the industrial and waste services value chain, we are well positioned to grow and serve our customers together.”