Announces Investment in Arrow Waste
Summary
Hancock Whitney provided senior debt financing for the transaction.Following the investment, the Company recruited Justin Vetsch to join Arrow Waste as CEO. Mr. Vetsch brings over 11 years of industry experience, most notably in senior roles at Waste Management in markets including Kansas City and Omaha. The vision and capital support of the CHP team created a compelling opportunity, and were already making significant progress expanding Arrows post collection capacity and growing our commercial waste client base. I look forward to continuing to build a best-in-class, client-focused environmental services firm.Matt Harnett, Partner of Tecum, stated, Arrows sound business fundamentals are indicative of its market leadership position. Tecum provides mezzanine debt and equity investments in growth-oriented middle-market companies across the broader high-value manufacturing, value-added distribution, and business services sectors.