March 10, 2026 – Blue River Financial Group has advised Arcwood Environmental (Arcwood), a national leader in sustainable waste management and environmental services, on its recent acquisition of MXI Environmental Services. The acquisition adds to Arcwood’s waste transportation and management capabilities and strengthens Arcwood’s operational presence across the Eastern United States.
Arcwood Environmental delivers a full suite of comprehensive environmental services. Backed by over a half-century of experience, the firm partners with Fortune 500 companies and local enterprises across various industries to tackle the world’s most pressing industrial waste challenges. Arcwood’s comprehensive agile and scalable solutions span the entire waste management hierarchy, from prevention and recycling to treatment and disposal. They are designed to keep customers’ operations running smoothly while supporting their compliance and sustainability goals.
“Our goal is to become the most trusted partner in the environmental services industry. Our acquisition of MXI—including the deep customer relationships, core capabilities, and talented team that come with it—brings us another step closer to reaching that goal,” said Arcwood CEO HP Nanda.
MXI and its 150+ employees’ partner with business and local governments to ensure safe, compliant, and sustainable handling of regulated materials and deliver recycling programs that help clients reduce environmental impact. MXI’s capabilities include latex paint recycling, aerosol processing, and chemical neutralization, positioning it as a leading full-service provider for municipal and government household hazardous waste programs. Between its Langhorne, PA coordination hub and Abingdon, VA materials recovery facility, MXI processes roughly 19 million pounds of household hazardous waste annually.
“This acquisition represents a true strategic fit for both organizations,” said Nicole Levy, Managing Director & Healthcare / Business Services Segment Leader at Blue River. “MXI’s specialized capabilities in household hazardous waste and regulated materials processing meaningfully enhance Arcwood’s national platform. Arcwood’s scale, infrastructure, and strategic vision provide MXI with additional resources to expand its reach and impact. The combined organization is exceptionally well-positioned to drive innovation, sustainability, and long-term value for clients across the environmental services landscape.”
About Blue River
Blue River Financial Group is a middle market merger and acquisition advisory firm. We assist corporations, private equity groups and individuals in the sale and acquisition of businesses and have completed assignments in multiple business segments. With over 20 years of experience spanning across 50 global industries, Blue River provides a suite of services to middle market clients including corporate development, private equity support, valuations, and transaction consulting, placing a premium on relationship-centered transaction counsel and client focus.
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