LRS Acquires GHW to Expand Footprint in Indianapolis Market
The acquisition marks a strategic expansion into the Indianapolis market, enhancing LRS's commercial and industrial service capabilities while supporting the company's long-term growth plan.
'GHW has built a strong reputation with a loyal customer base in a market that is primed for growth,' said Matt Spencer, Chief Executive Officer of LRS. 'Bringing GHW into the LRS family allows us to expand our Midwest footprint while maintaining the local, customer-focused service that GHW is known for. This is a best-in-class ownership group backed by a hardworking, high-integrity team, and we're excited to welcome them to LRS.'
GHW will continue operating under its existing brand during the transition period. Customers may begin to see LRS-branded containers and equipment in the area, but the local GHW team, leadership, and service model will remain in place. LRS is committed to maintaining continuity while supporting the team with additional resources and long-term growth opportunities.
'We're excited about the opportunity to join forces with LRS,' said Kevin Walbridge, speaking on behalf of GHW partners Jim Gamage, Troy Hintze, and himself. 'This partnership provides added resources and capabilities for our customers and employees, while preserving the values and service standards that have defined GHW.'
The acquisition supports LRS's broader strategic plan to grow its presence in key Midwest markets and diversify its service offerings. Indianapolis represents one of the fastest-growing metropolitan areas in the region, with strong economic indicators and expanding infrastructure investment.
LRS will continue to prioritize service continuity, operational safety, and employee opportunity throughout the integration process. The GHW team, including drivers, supervisors, and support staff, will remain in place.
About LRS
LRS is among the nation's leading independent waste diversion, recycling and portable services providers. Since 2013, LRS has specialized in delivering an exceptional customer experience for millions of residential and commercial customers across seven states: Illinois, Iowa, Indiana, Michigan, Minnesota, Kansas, Arkansas. Diversified and growing, LRS also offers affordable roll-off container services, C&D recycling and portable restroom rentals. LRS owns and operates more than 70 facilities and thrives on the passion of nearly 2,300 full-time employees. LRS has earned numerous accolades for its success, including being named in Crain's Chicago Business' Fast 50, NABR's Best and Brightest lists across the Midwest, and receiving the NWRA Facility of the Year award for its newest MRF, The Exchange. The company provides safe, innovative, sustainability-driven services to clean and beautify the cities, neighborhoods, and communities it serves. To learn more visit www.LRSrecycles.com
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