FocalPoint Launches Environmental Services Industry Vertical; Names Bart Begley as Industry Coverage Leader
FocalPoint Partners, an independent investment banking firm with offices in Los Angeles and Chicago, has named Bart Begley as industry coverage leader for its newly-formed M&A advisory, financial restructuring and capital raising practice in the environmental services industry. The environmental services industry includes commercial and residential collection services, transfer stations and landfills, recycling, environmental remediation, water treatment, hazardous waste, and waste to energy projects.
Mr. Begley began his career in environmental services by managing operations for Waste Management, Inc. and Laidlaw Waste Systems, Inc. He also served as Director of Mergers and Acquisitions for Waste Systems International, Inc. (WSI) where he helped grow the business from $3 million to over $85 million within two years. Mr. Begley has also founded two companies during his career. Eastern Shore Environmental owned and operated a landfill, transfer station and several waste hauling companies in the Mid-Atlantic Region. Eastern Shore Environmental was sold to a publically traded company in 2005. Mr. Begley also founded Emerald Waste Services which would eventually become the 36th largest solid waste company in the US. Emerald owned and operated ten landfills, two transfer stations and eight hauling divisions. Emerald was sold in 2011 to a publically traded company.
Mr. Begley was a speaker at the 2011 and 2012 Solid Waste Expo and published an article in Waste Age in 2011 titled “Changing Hands: Why Privatize Waste Collection Services”.
FocalPoint Managing Director Dan Conway said, “Bart is a great addition to our team. He has over 24 years of experience in the environmental services industry. He has not only held leadership positions with industry majors including Waste Management, Inc. but also founded, built and exited two successful middle market companies. He has a wealth of operational and transactional experience, having been integrally involved in over 60 M&A and financing transactions during his career. ”
“The environmental services industry is rapidly evolving in response to increased governmental regulation, demand for recycled materials, municipal budget constraints, and constraints on new landfill development. The major national and regional operators in the industry are vertically integrating, operating along the complete waste stream,” added Bart Begley. “We see a need for seasoned financial counsel directed to middle market companies during this period of rapid industry evolution. Our unique combination of operational and transactional experience provides our clients with a compelling perspective with respect to M&A and financing alternatives.”
About FocalPoint
FocalPoint is an independent investment bank with offices in Los Angeles and Chicago, specializing in mergers and acquisitions, private placements (both debt and equity), and financial restructurings. The firm’s primary focus is on middle-market companies with revenues between $20 million and $250 million.
Please contact Dan Conway (310) 405-7010 or Bart Begley (410) 903-2686 for further information on FocalPoint’s Environmental Services Industry Group.
| Dan Conway Managing Director [email protected] | Bart Begley Industry Coverage Leader [email protected] |