Comvest Partners (“Comvest”), a middle-market private equity and credit investment firm, today announced the sale of Atomic Transport (“Atomic”), a leading provider of specialized waste management services based in Chattanooga, Tenn. Atomic had been a portfolio investment of Comvest Credit Opportunities, Comvest’s opportunistic credit strategy, since 2021.

Atomic provides long-haul waste transport and transfer station management services to waste management companies nationwide. Since its formation in 2015, Atomic has expanded its operations to 30 customer waste terminals across 19 states, providing highly tailored solutions to transport municipal solid, liquid and construction and demolition waste from waste transfer stations to landfills.

“This successful outcome highlights Comvest’s ability to structure a flexible opportunistic credit solution as well as provide strategic and operational value-add,” said Derek Gould, a Managing Director of Comvest. “We are thrilled to have played a role in Atomic’s strong performance over the past four years and are very pleased that our firm’s resources were able to contribute so meaningfully to Atomic’s value creation process.”

Atomic’s revenue and EBITDA nearly tripled over Comvest’s investment period, during which Atomic added widely recognized industry veterans to its leadership team, made substantial investments in its equipment fleet, and enhanced its operating systems to ensure consistent delivery of best-in-class waste management services.

Shayne McCallie, Co-Founder and CEO of Atomic said, “Our partnership with Comvest has been pivotal to our ability to pursue transformational growth opportunities and drive significant value creation. We thank the Comvest team for their capital support, additive operating expertise and overall guidance.”

Houlihan Lokey served as financial advisor to Atomic and Goldberg Kohn served as legal advisor to Comvest in connection with the transaction.

About Comvest Credit Opportunities

Comvest Credit Opportunities, the opportunistic credit investment platform of Comvest Partners, provides bespoke financing solutions structured as debt and/or non-control equity to middle-market companies that require creativity and flexibility in achieving their strategic goals. Comvest Credit Opportunities brings knowledge of all parts of the capital structure, specialized underwriting and industry expertise, access to the firm’s versatile operating resources, and decades of experience working with companies in many types of non-control situations to its work supporting sponsored and non-sponsored companies, with the ability to invest up to $100 million-plus per transaction. For more information, please visit comvest.com/opportunistic-credit.

About Comvest Partners

Comvest Partners (“Comvest”) is a private investment firm that has provided equity and debt capital to well-positioned middle-market companies throughout North America since 2000. Through its private equity, direct lending and opportunistic credit investment platforms, Comvest offers tailored investment solutions across the capital structure along with deep industry expertise, operating resources, a collaborative approach, and significant transaction experience as an active investor. In 2025, Comvest Partners proudly celebrates 25 years of investment management leadership, and today manages $15.7 billion in assets, with over $16.8 billion invested since inception. Comvest Partners is based in West Palm Beach, with offices in Chicago and New York City. For more information, please visit comvest.com.

View source version on businesswire.com: https://www.businesswire.com/news/home/20250314158592/en/

“This successful outcome highlights Comvest’s ability to structure a flexible opportunistic credit solution as well as provide strategic and operational value-add,” said Derek Gould, a Managing Director of Comvest.