LJP, Mankato, Minnesota, is a leading regional provider of nonhazardous solid waste and recycling services specializing in zero landfill and waste-to-energy solutions.
Founded in 1993, LJP provides disposal solutions, working directly with customers to conduct waste evaluations and determine waste streams that can be recycled or converted to fuel using waste-to-energy methods. In recent years, the company’s management team has expanded its geographic footprint by servicing additional customer locations and completing strategic acquisitions in the Midwest.
Given Nonantum’s industry experience and successful track record of acquiring, nurturing and scaling businesses, the firm became the partner of choice for LJP’s management team.
“At LJP, we’ve come a long way in the past 29 years, and we’re excited to see the new heights we will reach with support from our new partner,” LJP Waste Solutions CEO Steve Metz says. “Since our doors opened, we’ve worked closely with our customers to provide innovative waste solutions while working toward a more sustainable future, and we’re looking forward to continuing that work with Nonantum.”
Nonantum Managing Partner Jon Biotti says LJP has a “strong business model” that features a unique set of sustainable solutions it can off customers.
“Our team is excited to welcome LJP Waste Solutions to the Nonantum portfolio and partner with the management team on the continued expansion of zero landfill and traditional waste management services,” he says.
Stifel acted as financial advisor to LJP Waste Solutions. Nonantum was advised by Goodwin in completing the LJP investment.
LJP Waste Solutions is searching for other complementary businesses to acquire in the waste services space. If interested in learning more, contact Metz at 612-965-9460.