Synagro was founded in 1986 and is headquartered in Baltimore, Maryland. The Company serves more than 600 municipal and industrial customers across 34 states and the District of Columbia in the U.S. and Canada.
The Company’s services and facilities help customers of all sizes save money and meet environmental regulation requirements through the beneficial re-use of the biosolids.
Synagro is the North American market leader for biosolids management, with a footprint multiple times larger than its closest competitor. It is a core infrastructure business with an asset based business model delivering an essential service to society through long term contracts.
The majority of the revenue is generated from long term contracts with high renewal rates, providing stable core cash flows and downside protection.
Synagro operates through several segments: