DTG Recycle Announced Acquisition by Macquarie Fund

By Paul Ploumis

SEATTLE (Recycling Monster): DTG Recycle, a leading Washington-based C&D recycler announced its acquisition by one of the funds of Macquarie Asset Management. The financial terms of the deal were not disclosed. The deal is likely to provide further boost to DTG’s rapid growth in the Washington region.

This is not Macquarie’s first active investment in the U.S. waste sector. Prior to this, it had made investments in California-based GreenWaste, Illinois-based LRS and New Hampshire-based WIN Waste Innovations.

Karl Kuchel, CEO of Macquarie Infrastructure Partners noted that DTG Recycle continues to be a leader in non-municipal solid waste recycling and that it looks forward to partner with the management team of the company to support its next stage of growth.

Macquarie noted that it would focus on expanding the services offered by DTG Recycle towards the broader markets Pacific Northwest region. Apart from recyclables such as construction and demolition waste, DTG will focus on expanding organics recycling services, it said.

Tom Vaughn, CEO, DTG Recycle will continue to stay in the role. Meantime, Dan Guimont, DTG’s founder and former president will be the new chief development officer.

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