About Us

A Track Record of Success

We have a deep history of success investing, developing, and operating in the environmental services sector through the independent sponsor model.

We’ve bought more than 100 companies and created tremendous value for owners and investors alike. This came through great leadership, true entrepreneurial spirit, and treating people like family.

Today, we continue our focus in the Environmental Services sector and have developed fresh strategies to meet the needs of today’s changing industry. Our young entrepreneurial team brings diverse experience from their backgrounds in several industry sectors.

Our Core Strategies:

1. An independent sponsor model where we partner with business owners as they transition out or look for new ways to grow.

2. A senior subordinated debt and minority equity strategy where we give business owners another avenue for growth.

Our History

1990

Laurel Mountain Partners founded

Jeff Kendall, Andy Russell, and Don Rea spun out of a regional investment bank to form Laurel Mountain Partners. They took an interest in the solid waste space and the potential to acquire and develop assets in the sector using creative financing strategies.

1992-1996

Cougar Landfill and Thermafiber

In 1992, we developed, permitted, and built a new construction and demolition landfill in Houston, Texas called Cougar Landfill. We sponsored the project and invested equity, financing the remainder with tax-exempt bonds, and later exited through a sale to Sanifill. Then, in 1996, Laurel Mountain invested equity, alongside senior debt provided by Comerica bank, to acquire a division of USG that manufactured mineral wool in a leveraged buyout. 

1996-2015

Liberty I, II, III, IV

Four separate Liberty Waste companies were built wherein over 50 companies were purchased, integrated, operated, and ultimately sold to public companies or private equity-backed firms. We also built the nation’s largest scrap tire recycling business, Liberty Tire Recycling, by acquiring, integrating, and operating 45 companies throughout the US and Canada.

2015-2024

Lewis Clark, Pro Disposal, and Telluride Waste Service

We’ve continued to build our place in the solid waste management history books, building three integrated waste management companies: Lewis Clark Recycling and Disposal, Pro Disposal USA, and Telluride Waste Services dba Bruin Waste. Lewis Clark and Pro Disposal both had successful exits, and Bruin Waste has become the largest independent waste hauler on the western slope of Colorado.

Accomplishments

Laurel Mountain’s achievements in numbers.

$800M+

Combined value of all companies built

Built the World's Largest

Scrap tire recycling business, recycling more than half of North America’s scrap tires

$360M

Equity value created

Established Nation's Largest

Rail to landfill operation

Our Team

Our team at Laurel Mountain is composed of passionate professionals committed to delivering exceptional service and innovative solutions.

Jeff Kendall
Jeff Kendall

President & Managing Partner, Laurel Mountain Partners / CEO, Laurel Mountain Capital

Dickson Suit
Dickson Suit

President and CIO, Laurel Mountain Capital

Peter Kendall
Peter Kendall

Partner, Laurel Mountain Partners / COO, Laurel Mountain Capital

Jeff R. Kendall
Jeff R. Kendall

Partner, Laurel Mountain Partners / CEO, Bruin Waste

Meredith Mattson
Meredith Mattson

Partner, Laurel Mountain Partners

Rob Kendall
Rob Kendall

Partner, Laurel Mountain Partners / VP of Sales, Bruin Waste

Board of Advisors

Lonnie Poole, Jr.
Lonnie Poole, Jr.
Patrick Toomey
Patrick Toomey

Our Founders

Andy Russell

1941-2024

Don Rea