Polsinelli Advises CMS and GEAC on Sale to BP Environmental Services

Polsinelli recently represented two founder-led companies, Commercial Management Systems (CMS) and General Equipment Acceptance Corporation (GEAC), in their sale to BP Environmental Services (BP), a leading provider of mission-critical waste, recycling and jobsite solutions for multi-location customers across North America.

Through this strategic transaction, CMS and GEAC bring expanded managed services and equipment leasing capabilities to BP’s platform. The former provides managed waste, recycling and jobsite solutions through an asset-light, tech-enabled platform, while the latter complements CMS through tailored lease and rental solutions for compactors, balers and other waste-handling equipment. 

The deal represented substantial exit opportunities for the companies’ entrepreneurial ownership team and reflected Polsinelli’s deep experience guiding founder-led businesses through complex M&A transactions.

“Our experience advising entrepreneurs across fragmented and consolidating industries allows us to bring stability, perspective and clarity to the process, helping them stay focused on their business.” said Paul J. Jaskot, the Polsinelli shareholder who led the firm’s deal team. “We’re proud to have played a role in creating new synergies in this burgeoning sector, and thrilled that we could do so on behalf of such impressive, founder-led businesses.”

More information about this transaction can be found here.

In addition to Jaskot, the Polsinelli deal team also included Associates Zachary M. Seelenfreund, Katherine E. Hanners and Michael Romeo.