Sun Acquisitions announced today the successful acquisition by Recycle Track Systems (RTS) of Elytus, an Ohio-based third-party administrator of waste services. RTS, a New York-based waste and recycling service provider, engaged Sun Acquisitions in a nationwide search for certain specialty waste services related companies to acquire which would complement their existing operations.
Matthew Hillin, RTS VP Corporate Development, stated, “We are pleased to acquire Elytus to further grow our company, expand our waste services platform and further enhance our technology and sustainability offerings. This is an exciting acquisition for RTS, as it’s our largest deal since our inception.”
Larry Sanderman, Managing Director of Sun Acquisitions, led this successful Buy-Side engagement for RTS, which generated Elytus as one of many proprietary deal flow opportunities. Larry noted, “We were pleased to support RTS’ high growth strategy with their synergistic acquisition of Elytus. It was a pleasure to work with both the Elytus and RTS teams on this transaction.”
About Recycle Track Systems, Inc.
Recycle Track Systems, Inc. is pioneering a better way to manage waste and recycling (www.rts.com). RTS combines technology with high-touch service to make waste disposal easier, smarter, and more responsible. From on-demand removal to fully integrated waste management solutions, RTS helps companies and municipalities easily track and optimize their pickups. Using data insight, RTS empowers clients with visibility into their waste habits and tangible figures on their climate impact to improve their waste and recycling practices. RTS is a certified B-Corporation, reflecting its dedication and commitment to meeting stringent standards of environmental transparency and performance. For more information, visit rts.com. For more information on zero waste, visit zerowaste.com.
Elytus, based in Columbus, Ohio, is a third-party administrator that helps to manage their customer’s environmental and waste services programs (www.elytus.com). They provide complete web-based software solutions to multi-unit operators with regards to vendor management, environmental sustainability and waste and recycling management. Elytus has a wide customer footprint across all 50 states, Canada and Puerto Rico.
About Sun Acquisitions
Sun Acquisitions is a Chicago based mergers and acquisitions firm. We work with clients that are interested in the confidential sale, acquisition or valuation of privately held middle market and main street companies. Our professionals have significant experience and knowledge to thoroughly guide clients through each stage of the sale or acquisition process. Sun Acquisitions has successfully managed and handled engagements across all industries and is recognized as a leading M&A advisory firm in the Midwest.
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