BULK EXPRESS TRANSPORT ACQUIRES ATTAWAY HAULING

Miami, FL – May 31, 2023 – Bulk Express Transport (“Bulk”), a portfolio company of Alterna Equity Partners, today announced the acquisition of Attaway Hauling and Choice Bulk Carriers (collectively “Attaway”, combined with Bulk, the “Company”). The Company is a leader in professional transportation and logistics services, providing waste transfer station management and long-haul transportation, collection, and loading of waste and other materials. The acquisition of Attaway expands Bulk’s geographic footprint throughout the Southeastern U.S., while simultaneously diversifying Bulk’s customer base and adding complementary services and end markets. The acquisition establishes the Company as one of the leading environmental, waste services and industrial transportation providers in the region, with over 30 years of experience providing best-in-class services to its customers across several end markets including integrated waste services companies, environmental services companies, recyclers, manufacturing companies and municipalities.

Headquartered in Gordon, GA, Attaway provides exceptional customer service across Georgia, Alabama and Tennessee, providing numerous waste and industrial services to clients including transfer station management, disposal hauling, and liquid bulk hauling. Established in 2012, Attaway has grown rapidly in recent years to become a leading player in the region, supporting customers across a variety of waste and industrial end markets. On a combined basis, Bulk’s acquisition of Attaway further expands Bulk’s operational footprint and service offering, allowing the Company to support its diverse customer base across a broad service area.

“The Bulk Express family of companies is excited to partner with the management team at Attaway to facilitate the next phase of growth for both companies within the region. Bulk Express has a well-established track record supporting top tier clients, and Attaway’s stellar reputation is a strong complement to our existing position in the Southeast,” commented Steve Worster, CEO of Bulk Express. Mr. Worster will lead the Company post-closing, supported by the existing operations team at Attaway and with further operational support provided by the large resource base of Bulk Express across Florida and the Southeast.

“The partnership with Bulk Express provides Attaway the opportunity to continue our rapid expansion in the region, and also allows us to better serve customers across our diverse combined service offering. We are excited about the strong potential the combined business will have, and look forward to working with our new partners at Bulk,” added Robbie Attaway, founder of Attaway. Mr Attaway will remain as an advisor to the Company on an ongoing basis.

About Bulk Express

Founded in 1992, Bulk Express is a leading professional transportation and logistics company providing long-haul transportation, collection, and loading of waste and other materials across the Southeastern U.S. The Company’s core service offering includes long-haul transportation services for municipal solid waste, recyclables, aggregates, construction & demolition debris, contaminated soils, ash, sludge, mined materials and other specialty materials, as well as waste transfer station management, loading and unloading, and on-site landfill services. Bulk’s largest line of business is servicing major waste transfer stations by transporting various waste streams to landfills, waste-to-energy plants and recycling facilities, in addition to providing loading and unloading services. Customers include integrated waste services companies, environmental services companies, recyclers, manufacturing companies and municipalities. The Company is headquartered in Miami, FL, and has numerous operational hubs throughout the Southeast. The Bulk Express family of companies is comprised of Bulk Express Transport, Soil Tech Distributors, M3 Transport, Inter City Disposal, Attaway Hauling and Choice Bulk Carriers. For additional information, please visit www.bulkexpress.com.

About Alterna Equity Partners

Alterna Equity Partners is a private equity firm based in South Florida focused on making control and non-control investments in lower middle market U.S. companies. We seek stable, established companies and back strong management teams that are poised for growth. Our differentiated strategy is centered on the long-standing focus on founder- or family-owned mid-size businesses and a deep understanding and appreciation of the unique challenges and opportunities such businesses present. To learn more, please visit www.alternaequitypartners.com.