Seller: Richfield Equities
Transaction Type: Sell Side M&A
Industry: Environmental Services
Headquarters: Flint, MI
Overview: Richfield Equities operated in the Mid-Michigan to thumb area and had assets which included recycling and trash collection contracts for approximately 50 communities, plus the former Port Huron transfer station.
Buyer: Rizzo Services, Inc.
Headquarters: Sterling Heights, MI
Overview: Rizzo Services, Inc. is a based municipal solid waste collection company. Headquartered in Sterling Heights, Michigan, the Company provides curbside collection for municipal solid waste, recycling and compost to municipalities throughout Southeast Michigan. Rizzo Environmental Services of Sterling Heights has bought eight municipal contracts for communities in Oakland County and the city of Warren from Richfield.