Roark Capital Acquires QualaWash Holdings

Roark Capital Group, an Atlanta-based private equity firm that invests in environmental services companies, announced today that its affiliate has acquired QualaWash Holdings, LLC.

QualaWash is the largest independent provider of truck tank and container washing services through its nationwide network of 52 locations. Headquartered in Tampa, Florida, QualaWash provides strong customer service and environmental compliance by leveraging its proprietary library of cleaning and residual waste handling procedures for over 12,000 products, including latex, industrial oils, resins, solvents, and paint. The Company has been led by CEO Mike Bauer since 2005.
“We are excited to partner with Mike and the team at QualaWash to support their goal of continued growth and high-quality customer service,” said Roark Capital Group president, Jeffrey J. Keenan.
According to Bauer, “Roark’s team and industry experience will provide QualaWash with the additional resources needed to accelerate our disciplined approach to organic and acquisition growth, while continuing to provide superior service and environmentally-friendly solutions for our customers.”
QualaWash represents Roark’s third environmental service platform investment and 29th transaction in this sector. Roark’s other platform investments include the $100 million growth equity investment in Waste Pro USA, Inc and $120 million growth equity investment in GFL Environmental. Waste Pro provides solid waste collection, disposal and recycling services to more than 1.1 million residential and 39,000 commercial customers in the southeastern United States. GFL provides solid waste and liquid waste collection, transfer and disposal services to over 750,000 residential and 16,000 commercial customers, as well as soil remediation services, in Ontario, Manitoba, Alberta and British Columbia.