Lion Industrial Resources Acquired by Amlon Group — Industrials M&A

The Amlon Group, a private equity-backed industrial waste management platform, has completed its second add-on acquisition since the close of its continuation vehicle, acquiring the assets of Lion Industrial Resources, LLC. The deal closed in March 2026. Lion, based in Channelview, Texas, provides turnkey hazardous and non-hazardous industrial waste management services, including front-end waste handling and logistics.

Amlon’s move expands its footprint in the environmental services market by adding capabilities that complement its existing processing and treatment infrastructure. Lion’s expertise in waste sampling and analysis, DOT-compliant packaging and containerization, and transportation logistics is designed to strengthen Amlon’s ability to deliver integrated, end-to-end waste solutions for industrial customers across multiple end markets, including specialty chemical producers and industrial manufacturers.

While the transaction size was not disclosed, the acquisition is positioned as a strategic fit to broaden Amlon’s customer base and improve operational control over waste streams by bringing more of the workflow in-house. Heartwood Partners supported the transaction, and the combination is expected to enhance service turnaround times and provide customers with a single point of accountability for waste management needs.