DLJ To Buy Waste Co.
November 19, 2007
DLJ Merchant Banking Partners has agreed to acquire Deffenbaugh Industries, Inc., an integrated waste services company serving the Midwest. The purchase price was not disclosed. The transaction, which is subject to customary closing conditions, is expected to close by year-end. Headquartered in Shawnee, Kan., Deffenbaugh is one of the largest waste management companies in the Midwest and provides collection, transportation, and disposal of commercial and residential waste. The Company currently serves approximately 450,000 customers and owns the 800+ acre Johnson County Landfill, which is one of the largest privately owned landfills in the United States.
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