por 
THE BAJA POST
NEWSROOM
SOURCE: PR NEWSMEDIA
Firmament, a provider of structured equity capital solutions to small- and medium-sized enterprises, announced today its strategic investment in Whitecap Waste, one of the leading waste collection service companies in southern West Virginia. Whitecap Waste represents Firmament’s 8th platform investment in environmental services since inception.
Whitecap Waste is one of the leading regional providers of solid waste collection services in West Virginia and provides residential, commercial, and industrial waste collection services to over 30,000 customers throughout its footprint. Founded in 2020, Whitecap Waste expanded through the consolidation of three solid waste companies in its footprint: Beckley Garbage, Oak Hill Garbage, and Dave’s Sanitation. Whitecap Waste is led by Michael Schmidt, who will remain as President of the company post-close.
Firmament’s investment will enable Whitecap Waste to continue its growth in existing markets, expand its operational capabilities, and enter new geographies. Through this strategic partnership, Whitecap Waste will gain access to Firmament’s talent network, financial resources, and expertise in the environmental services sector.
Brian Peters, Principal at Firmament, expressed his enthusiasm about the investment, stating, «We are excited to partner with Whitecap Waste, one of the leading platforms in the solid waste space. Together, we are committed to providing quality service and supporting growth.» Andy McNeill, Operating Partner at Firmament, added, «West Virginia is an underserved waste market which stands to benefit from our investment. Through our partnership, we strive for operational excellence and aim to drive continued growth in the solid waste industry.»
Michael Schmidt, President of Whitecap Waste, stated, «This investment from Firmament reaffirms the hard work and dedication of the entire Whitecap Waste team. We are excited about the possibilities this partnership brings, and we look forward to advancing our mission of building a great company and while continuing to provide superior service to our customers.»
