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Advanced Disposal Services Priced, NYSE: ADSW

Vertically integrated provider of solid waste collection and disposal services.

Industry: Industrials

First Day Return: +11.1%

Industry: Industrials

We are a leading integrated provider of non-hazardous solid waste collection, transfer, recycling and disposal services operating primarily in secondary markets or under exclusive arrangements with municipalities. We have a presence in 16 states across the Midwest, South and East regions of the United States, serving approximately 2.8 million residential and 221,000 commercial and industrial customers through our extensive network of 92 collection operations, 72 transfer stations, 21 owned or operated recycling facilities and 39 owned or operated landfills. We seek to drive financial performance in markets in which we own or operate a landfill or in certain disposal-neutral markets, where the landfill is owned by our municipal customer. In markets in which we own or operate a landfill, we aim to create and maintain vertically integrated operations through which we manage a majority of our customers' waste from the point of collection through the point of disposal, a process we refer to as internalization. By internalizing a majority of the waste in these markets, we are able to deliver high quality customer service while also ensuring a stable revenue stream and maximizing profitability and cash flow from operations. In disposal-neutral markets, we focus selectively on opportunities where we can negotiate exclusive arrangements with our municipal customers, facilitating highly-efficient and profitable collection operations with lower capital requirements.
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IPO Data
IPO File Date 08/21/2015
Offer Price $18.00
Price Range $18.00 - $21.00
Offer Shares (mm) 19.3
Deal Size ($mm) $347
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
IPO Data
IPO Date 10/05/2016
Offer Price IPO Intelligence Only
Price Range IPO Intelligence Only
Offer Shares (mm) IPO Intelligence Only
Deal Size ($mm) $347
Lock-Up Date IPO Intelligence Only
Street Research IPO Intelligence Only
Underwriters
IPO Intelligence Only
Company Data
Headquarters Ponte Vedra, FL, United States
Founded 2000
Employees at IPO 5,400
Website www.advanceddisposal.com

Advanced Disposal Services (ADSW) Performance