BIRMINGHAM, Ala. (December 18, 2025) – Founders is pleased to announce that Leck Waste Services (“Leck”) was acquired by Republic Services (“Republic”). Leck was exclusively advised by principals of Founders Advisors, LLC in this transaction. The transaction closed October 31, 2025.

Established in 1971, Leck Waste Services has grown into a respected provider of waste and recycling solutions known for reliability, customer focus, and operational excellence. The Company’s dedication to service and continuous improvement has supported decades of sustained growth. As part of Republic, Leck Waste Services gains additional resources and scale to expand capabilities while continuing the standards of quality that have defined the business since its inception.

Jason Leck, one of the owners and President of Leck, shared, “Working with Founders Advisors was an exceptional experience from start to finish. Their guidance brought clarity and confidence to a process that can be overwhelming, and they consistently put our family’s goals at the center of every discussion. We’re grateful to have had a team so dedicated to honoring the legacy of our business.”

Dennis Coker, Managing Director at Founders Advisors, remarked, “Working with the Leck family was a reminder of what makes family-built businesses so special. Their values, pride, and genuine care for their employees and the people they serve have shaped Leck Waste Services into what it is today. We’re grateful to have played a part in helping them take this next step with Republic.”

About Leck Waste Services

Since 1971, Leck has served commercial, municipal, and residential customers with a commitment to service, reliability, and long-term relationships. Known for its responsiveness, modern fleet technology, and customer-specific solutions, Leck has become one of the region’s most trusted waste management providers. The Company is headquartered in Ivyland, PA, with additional locations in Kutztown and Bristol, PA.

About Republic Services, Inc.

Republic Services is a premier provider of integrated waste, recycling and environmental solutions, serving residential, commercial, and municipal customers. The company is distinguished by its commitment to safety, operational reliability, and sustainable innovation. Headquartered in Phoenix, AZ, Republic Services continues to expand its capabilities and footprint through a combination of technology-led service and customer-centric operations.

About Founders

Founders Advisors brings deep sector expertise in Industrial and Environmental Services, supported by broader experience across Industrial, Technology, Healthcare, and Consumer markets. We provide insight into industry trends, competitive dynamics, and positioning strategies that drive meaningful investor engagement. If you are exploring a potential sale or evaluating strategic options in the Industrial and Environmental Services sector, please feel free to reach out to our team.

To provide securities-related services, certain principals of Founders Advisors, LLC are licensed with Founders M&A Advisory, LLC, member FINRA and SiPC. Founders M&A Advisory, LLC is a wholly owned subsidiary of Founders Advisors, LLC. Neither Founders Advisors nor Founders M & A Advisory provide investment advice. For more information, please visit www.foundersib.com.