Northstar Recycling Company, a sustainability-oriented managed waste and recycling services organization and a portfolio company of Ridgemont Equity Partners, has acquired Sonoco Sustainability Solutions, a managed service provider of customized waste diversion programs.
S3 has operated over the last 17 years as a division of global packaging company Sonoco. S3 serves multi-facility manufacturers across the food, consumer packaged goods and industrial sectors looking to manage and divert industrial waste streams into reuse applications.
“We are pleased to be joining forces with S3 to expand our combined capabilities, customer base, and subject matter expertise,” states Seth Goodman and Noah Goodman in a joint statement on behalf of Northstar. “S3’s business model is highly-complementary to that of Northstar, and this acquisition enhances the combined business’ ability to serve current and future customers and vendors at scale.”