Tampa, FL – March 19, 2019 – Clearwell Group announced today that it has acquired Nu-Life Environmental (“Nu-Life” or “Company”), an Easley, South Carolina-based manufacturer of waste-management containers and equipment, through its portfolio company Iron Container.
Founded in 1979 by the Hendricks family, Nu-Life is one of the Southeast’s leading manufacturers of waste management containers and equipment. From its three facilities in Easley, SC, the Company provides containers and compactors, as well as hook lifts, cable hoists, grapple loaders, and parts, service, and distribution offerings to its customer base across South Carolina, North Carolina, Georgia, Tennessee, Virginia, and Florida.
“We are excited to partner with Clearwell Group to help continue to cement Nu-Life’s legacy of superior waste management products and customer service throughout the Southeast,” said Tim Hendricks, President of Nu-Life.“For the past 40 years, Nu-Life has worked to grow the business from a small operation into the regional provider that it is today without sacrificing quality or customer service. We look forward to partnering with Clearwell Group and Iron Container in our next chapter of growth.”
“I look forward to working with the Nu-Life team as we continue to grow Iron Container’s footprint throughout the Southeast and beyond,” said John Martorana, President of Iron Container.“This is our second acquisition in partnership with Clearwell Group, and we look forward to capitalizing on the opportunity to continue to work with Clearwell Group to grow the Iron Container brand.”
“We are excited to work with the combined Nu-Life and Iron Container teams to build one of the leading manufacturing businesses in the waste management industry,” said Ryan Cortner, Partner at Clearwell Group. “By partnering with Nu-Life, we are able to bring new products, customers, and geographies that complement Iron Container’s existing offerings and allow us to more comprehensively service customers in our market.”