Amlon Group's Acquisition of Excel TSD: A Game Changer in Hazardous Waste Management

On April 21, 2026, Heartwood Partners announced that The Amlon Group has successfully completed the acquisition of Excel TSD of Tennessee LLC. This marks Amlon’s third acquisition since the launch of Heartwood's continuation vehicle and its seventh under Heartwood's ownership. Founded in 2003 and located in Memphis, Tennessee, Excel specializes in the treatment, storage, and disposal of both hazardous and non-hazardous waste, boasting a RCRA Part B permit.

A Strategic Move for Amlon
The acquisition of Excel is described by Mark Wayne, CEO and President of The Amlon Group, as a transformative step in enhancing the company’s industrial services. With Excel's capabilities, including waste blending and onsite services, Amlon can now access new waste streams that align with its existing infrastructure. This strategic addition not only boosts Amlon’s service offerings but also strengthens its presence in the Mid-South, expanding its customer reach across various end markets.

Wayne emphasized the significant potential for growth through cross-selling Amlon’s full suite of environmental services to Excel's existing clientele. “We see meaningful opportunities to drive growth…by implementing commercial best practices and investing in operations,” he stated.

Strengthening Market Presence
The acquisition is pivotal as it enhances Amlon’s geographic footprint and introduces a diversified customer base. This strategic maneuver is beneficial not just for Amlon but also for the broader environmental solutions sector, allowing for improved waste management practices in the region. The integration of Excel’s industrial waste disposal expertise into Amlon’s operations denotes a substantial leap in their sustainability efforts.

Demetrios Dounis, Managing Partner at Heartwood Partners, noted, “The Excel acquisition exemplifies Amlon's capability to identify and execute strategic add-on opportunities… It secures a facility that significantly enhances what Amlon can offer its customers.” This reflects the commitment to creating more integrated environmental solutions, which will directly contribute to improving the management of hazardous waste.

Heartwood Partners and Amlon Group
Heartwood Partners operates with a unique approach in the private equity landscape, focusing on lower leverage and fostering collaborative partnerships with management teams. Heartwood’s strategy involves supporting long-term growth through both organic and acquisition-driven pathways. Currently managing over $1.4 billion in investments, Heartwood has developed a strong portfolio, with more than 100 successful acquisitions. As part of this growth continuum, the Amlon Group aligns perfectly with Heartwood’s mission to expand into various markets and services.

The Amlon Group is dedicated to providing sustainable and efficient waste management solutions. Their commitment is evident in their efforts to navigate the complexities of hazardous waste treatments and ensure that environmental health is prioritized. By addressing waste disposal challenges responsibly, Amlon is not only contributing to a cleaner planet but also aiming for a significant positive impact on both local and global scales.

For more information about Amlon's services, interested parties can visit their website at www.amlongroup.com. Similarly, for insights into Heartwood Partners, their strategies, and successful portfolio companies, you can check their website as well.

As Amlon embarks on this new chapter with Excel TSD, stakeholders should anticipate innovative approaches to waste management that could reshape the industry landscape while reaffirming their commitment to sustainability. This acquisition is a clear indication of Amlon's growing influence in the environmental sector and their proactive measures to address waste management through collaboration and strategic growth.