Closed Deal Announcement – Peakstone Advises Recycling Services, Inc. on Sale to Waste Management, Inc.

Sale of company to strategic buyer

February 2012.  Recycling Services, Inc. (“RSI”), based in Chicago, Illinois, has been an industry leader delivering comprehensive recycling solutions of office paper and corrugated cardboard in the Midwest for over 27 years. RSI is well known for developing and marketing innovative and compelling office paper recycling programs.

Waste Management Inc. (NYSE: WM), based in Houston, Texas, provides waste management services to residential, commercial, industrial, and municipal customers in North America. It offers collection, transfer, recycling, and disposal services.
Terms of the transaction were not disclosed.

For more information, please contact:

Alex Fridman
(312) 346-7303

Stephen Sleigh
(312) 346-7318

Mark Horita
(312) 346-7308