York1 has acquired the Budget Group, consisting of Budget Environmental Disposal Inc., Regional Disposal Services Inc. and Budget Iron and Metal Inc.
The acquisition expands York1’s service capacity, doubling the size of its waste collection fleet and its demolition division, and increases its team to over 700 employees.
Founded in 1993 and headquartered in Hamilton, Ontario, Budget specializes in residential, commercial and industrial waste and recycling solutions, metal salvage, waste facilities, demolition and abatement services.
“The vertical integration of Budget’s service model, complementary network of assets and strong reputation as a market leader is very attractive to us. This acquisition is a key step forward in our growth strategy and significantly increase our market share into several key regional markets in Ontario. Budget’s strong reputation for customer service aligns with York1’s brand promise of peace of mind performance. We are excited to welcome the Budget employees to our team, and welcome Ian Bartels, Wil Bartels and Jeff Jans as we leverage their experience and insights to grow the business,”, said Brian Brunetti, President of York1.
Ian Bartels, President of Budget, stated, “When we decided to sell our business, we looked for a company that shared our entrepreneurial spirit, industry expertise, safety-first culture, and one that valued customer service. We felt that York1 aligned with our vison and values and will continue to deliver on what we have worked hard to build over the past 29 years. We look forward to a transformative relationship with York1.”
According to York1, this partnership will continue to enhance York1’s ability to offer environmental and infrastructure customers a fully integrated service portfolio consisting of waste management, recycling, demolition, excavation, shoring and foundations, hydrovac excavation, underground services, directional drilling and construction services.