[FOR IMMEDIATE RELEASE]
Akron, OH - March 24, 2021. Wastebits and 1bg are pleased to announce that they have reached an agreement for Wastebits to acquire 1bg’s, 1WasteProfile.
1bg’s 1WasteProfile software is an enterprise waste profiling system designed to help large waste management organizations manage waste streams in an efficient and comprehensive fashion. 1WasteProfile is currently in use by some of the largest companies in the industry.
Wastebits provides SaaS software and technical solutions to Waste Facilities, Waste Service Providers, and Waste Generators. Wastebits software solutions facilitate management of waste streams through the entire lifecycle . Key benefits of the platform include waste transaction transparency, improved regulatory compliance, operational efficiencies, and cost savings.
According to Dan Collins, President of Wastebits, “We are very excited about the acquisition of the 1WasteProfile platform. The acquisition, along with our current and future product development, should prove to be extremely beneficial for our existing customers, while providing many more opportunities for our new customers. We look forward to welcoming 1WasteProfile users to the Wastebits family.”
“We have been working with Dan and Wastebits for many years. The timing and strategic value just made sense, according to John Gadeken managing partner of 1bg. This acquisition cements Wastebits as the leader in the industry.
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