Private-equity firm J.F. Lehman & Company recently acquired Chattanooga, Tennessee-based Atomic Transport through an investment affiliate.
Formed in 2015, Atomic is a specialized waste services company that provides bulk-material transport and transfer station management services. The company provides tailored waste management solutions across 30 terminals in 19 states. Since its formation, Atomic has prioritized investment in its employees and fleet of equipment to deliver consistent, best-in-class waste management services, the companies reported.
“We are excited to partner with this exceptionally talented and experienced Atomic team,” Glenn Shor, J.F. Lehman partner, said in a news release. “The company’s commitment to excellence in customer service, safety, and innovation are foundations for success in these markets, and we look forward to supporting execution of the many growth initiatives ahead.”
Dave Thomas, J.F. Lehman manager director, called Atomic a “compelling fit.”
“We are confident the service-and-growth-oriented culture at Atomic will fit well within the JFLCO portfolio,” he said.
J.F. Lehman is partnering with Atomic’s former majority shareholders, including founders and management, who will remain shareholders in the business and continue to lead Atomic, the company added.
“[J.F. Lehman’s] deep industry experience and focus makes them an excellent partner in the next phase of Atomic’s growth plan,” said Shayne McCallie, Athomic CEO and co-founder. “Our success to date has been made possible by the dedication of the entire team at Atomic, and we look forward to working with [J.F. Lehman] to build upon our strong foundation of delivering best-in-class services to our customers across the country.”