MORTON GROVE -- Lakeshore Recycling Systems has acquired Area Restroom Solutions, an Aurora-based portable restroom rental company.
Terms of the acquisition were not announced.
Family owned and operated since its inception, Area Restroom Solutions has created a strong reputation for maintaining high standards of reliability and cleanliness across its fleet of portable toilets and restrooms throughout the Chicagoland area.
The acquisition boosts LRS' temporary services line of business by 20 percent, offering customers immediate access to
portable restroom services used most frequently at construction sites, park districts and outdoor events. LRS first entered the portable restroom market with the Jan. 2017 acquisition of West Chicago-based K. Hoving Companies. As a result of the
ARS acquisition, LRS has grown its inventory of portable restrooms by 20 percent to over 5,000 units, and is today the second largest portable restroom provider in Illinois.
LRS Chief Executive Officer Alan T. Handley said the acquisition of Area Restroom Solutions allows LRS the ability to not only better serve existing communities and customers but also expand the company's geographic footprint.
"This is a logical acquisition that fits well, is immediately accretive and expands our leadership position in the portable restrooms market," Handley said. "Through the years, Karen Carlson and her team have built an outstanding business and we are pleased to welcome ARS' customers to the LRS family. LRS is actively seeking acquisitions that expand our geographic footprint, possess strong management teams and are congruent with our mission of expanding the circular economy."