in New York and Ill go into a little of their history uh later in the, in, in the monologue as, as part of this, the, the buyer which is JF will acquire all of the outstanding shares of our
company for 45 50 per share and our stock will no longer be publicly traded. And we think its a, you know, its a win for all of our stakeholders. It provides immediate value for, you know, current shareholders and it positions our
business for long term success as we transition to a, you know, more of a vertically integrated industrial waste provider. Its um you know, difficult to transition a company with the public company exposure where youre, youre
managing quarter to quarter. So Im pretty excited about the fact that we can build the company as a private entity. And to give you a little bit of history on, on JFL, theyre a leading private equity firm. They have a history of
investing in companies that have, you know, technical capabilities, specialized products, services where performance is critical and as we proved um during the pandemic, I mean, our services to our customers are critical. They, they cant
manufacture with without being able to move the the industrial waste streams. So they understand, you know, deeply what we do and the, the value that we provide to our customers. And theyve had a, you know, pretty strong legacy of supporting
services, businesses like ours, you know, to even go further into their history. They, theyve had a successful track record of, of investing and managing other environmental business businesses. One is a company called waste control
specialists that I ship waste to probably 20 years ago. Thats a tremendous asset. Uh You know, in West Texas is permitted to take industrial waste and nuclear waste. Historically, theyve done more nuclear waste and industrial waste. So
Im pretty excited that we can bring something to the table when we partner with them. You know, we can, as everybody knows, we struggle to move waste streams post the pandemic. Given the, the oversupply problems that most of the commercial
hazardous waste facilities were dealing with and no, nobody can handle our volume. So thatll be a nice win for us. They also own a large construction intermediation company by the name of which we think will benefit from our emerging
offering. And a couple of other companies that I was familiar with when I was in the oil and gas waste business, a company called Sprint Energy which combined with a company called NRC. Together, they managed energy related waste streams. They had a
national emergency response business. They were probably patriots largest competitor on the west coast. So quite a bit of experience in our, our er, business and industrial services business. And as I, I mentioned earlier, Im pretty excited
that itll, itll offer us a lot more flexibility in, in the way we operate by being a private company, allow us to attack market opportunities more quickly. And to, you know, the, the main goal is to improve the overall experience for our
customer and you know, our customers and our employees. And, you know, to that, to that point, I think any time you have accelerated growth, thats going to create, uh you know, an operating environment that gives our team members uh enhanced
opportunities and opportunities for, for more personal growth. You know, why, why now, I mean, we, weve created a tremendously valuable company over the last 25 years. Weve had a good run the last 6.5 years, were an attractive
target to potential buyers and, you know, financial sponsors have come after us and our board, it was a compelling offer and our board had to strongly consider it for the benefit of all stakeholders. And, you know, we, we started as a private
company, you know, pretty humble beginnings for all the people that have been around for way more years than I have. You know, we were a division within heritage environmental Services and started growing fairly rapidly. I mean, did a tremendous job
in the late nineties, early two thousands decided to go public in 2008, you know, fairly small public company. We still are a fairly small public company. We, weve all worked very hard to fill the gaps from an operating standpoint, you know,
lots of organic growth, uh you know, more than a handful of acquisitions of our own and pretty proud that, you know, our team hasnt missed a beat in terms of execution. We, weve done a remarkable job winning over customers and really
with our exceptional service, weve never been a price leader. We, we cant be a price leader given