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Blue Point IV’s TAS acquires its third add-on

TAS Environmental Services (TAS), a portfolio company of Blue Point Capital Partners’ Fund IV has acquired Specialized Waste Systems (SWS) (www.specializedwaste.com), a provider of hazardous and non-hazardous waste management, transportation and washout services.

TAS Environmental Services (TAS), a portfolio company of Blue Point Capital Partners’ Fund IV has acquired Specialized Waste Systems (SWS) (www.specializedwaste.com), a provider of hazardous and non-hazardous waste management, transportation and washout services.Founded more than 40 years ago in Channelview, TX, which is located less than 20 miles east of Houston, SWS is an industry leader in the waste management solutions segment with demonstrated operational core competency, exceptional customer service, comprehensive safety training programs and a strong regulatory compliance record. 

“We’re excited to add SWS to the TAS portfolio,” says Sean Ward, a Partner with Blue Point. “TAS will help an already highly successful business expand into additional markets, while SWS will bring extensive experience to TAS’s waste management offerings.  This acquisition furthers our goal to become a nation-wide leader in the environmental services sector.”
 
Specialized Waste Systems is TAS’s third add-on acquisition since Blue Point acquired the platform in May 2019.  Blue Point and the TAS management team, which is based in Fort Worth, TX, are working to expand the Company’s capabilities and geographic reach, in an effort to deliver the most comprehensive suite of environmental & industrial services available to an increasingly wide range of end markets.

“SWS has established itself in the waste management space by providing a sophisticated, end-to-end waste disposal offering and serving an important niche in the Gulf States. We see great opportunities to leverage SWS’s expertise across the broader TAS footprint,” said Ed Genovese, CEO of TAS.  

Charley Geiger, a Principal with Blue Point, says: “SWS is an excellent fit with our identified growth strategy as it will allow the combined company to gain significant synergies across facilities.”
 

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