Funds advised by Basalt Infrastructure Partners have acquired Mr. Bult’s Inc. (MBI), the largest third-party provider of outsourced municipal solid waste transportation and transfer station management services in North America.
Waste transportation and transfer station management are essential services that support the safe, efficient movement of waste across the United States. MBI serves leading waste operators and municipalities through a national network of terminals and specialized transportation assets.
Founded in 1980 and headquartered in the Midwest, MBI has longstanding relationships with its diversified blue-chip customer base. The company’s scaled fleet, integrated maintenance capabilities and expansive footprint create meaningful barriers to entry, while continued outsourcing of waste transportation driven by regulatory complexity and consolidating landfill dynamics supports sustained long-term demand.
Through the transaction, funds managed by aff