Nonantum Capital Partners, a middle-market private equity firm, has purchased LJP Waste Solutions from Aperion Management.
LJP is a provider of non-hazardous solid waste and recycling services, focused on zero landfill and waste-to-energy methods. Recently, the company has been looking to expand its footprint by servicing additional locations and making acquisitions in the midwestern U.S.
“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,” says Nonantum managing partner Jon Biotti. “LJP has a strong business model, and the company’s sustainable solutions are a key differentiator in the waste management sector.”
Stifel acted as financial advisor to LJP Waste Solutions. Nonantum was advised by Goodwin in completing the LJP investment.