Much Represents LRS in Transformative Acquisition
Much advised LRS in its acquisition of Minneapolis-based Atomic Recycling and Broadway Resource Recovery. As one of the nation’s largest privately held waste and recycling companies, LRS has provided comprehensive waste diversion and recycling services for more than 20 years. With the acquisition, LRS now operates in six states: Illinois, Indiana, Iowa, Michigan, Minnesota, and Wisconsin.
"It's a great day as we plant a new flag in a strategic cornerstone market for LRS," said LRS Chief Executive Officer Alan T. Handley. "We look forward to rapidly expanding our presence throughout Minnesota, and view Atomic ... as the optimal platform from which to drive that effort."
Principals Mitchell Roth, David Alman, Harold Dembo, J. Eric Guth, Sheryl Jaffee Halpern, Neil Posner, Steve Schwartz, and Ed Walsh, as well as associates Sarah Kwon, Madison Schmid, and Andrew Silver, served as advisors to LRS in this transaction. Much has been a long-term partner for LRS in every aspect of its business. Much continues to help LRS achieve its strategic goals by serving as general outside counsel in a variety of strategic acquisitions in addition to its daily operational needs.
Atomic Recycling and Broadway Resource Recovery is the Twin Cities’ leading provider of construction and demolition recycling, roll-off container, and construction management services. It shares LRS’ focus on sustainability, customer service, and Midwest values. The acquisition brings nearly 100 employees and thousands of customers and adds several synergies throughout LRS.
“As long-term partners of LRS, we’re honored to support its continued growth,” said Managing Partner Mitchell Roth. “With this strategic acquisition, the LRS team expands its unmatched service and focus on innovation into an exciting new market.”