Parallel49 Equity Completes Sale of Certified Waste Solutions
LAKE FOREST, ILL., April 25, 2022 – Parallel49 Equity today announced the successful closing of the sale of Anaheim-based Certified Waste Solutions to Broadview Group Holdings, LLC, management, and other co-investors, including EXI Investment Partners. Parallel49’s Fund V acquired Certified in March 2015.
Founded in 1977, Certified has more than four decades of expertise providing commercial and industrial recycling and waste solution services in Southern California. With processing facilities in Anaheim, CA and San Diego, CA, the Company collects recovered paper from a diverse set of blue-chip suppliers in commercial and industrial end-markets. The Company also provides holistic waste management consulting services for industrial, office, and retail customers aimed at diverting landfill waste, adhering to local regulations, and attaining zero waste initiatives.