The Amlon Group, backed by Heartwood Partners, has acquired Lion Industrial Resources, an environmental waste management services company based in Channelview, Texas. This marks Amlon's second acquisition since the closing of Heartwood's continuation vehicle and its sixth under Heartwood's ownership. Lion was established in 2007 and provides specialized environmental waste solutions.

Amlon operates as a provider of industrial waste solutions, focusing on recycling and resource recovery services. The acquisition expands Amlon's footprint in the environmental services sector, though financial terms were not disclosed. Heartwood Partners has maintained a strategic investment approach, supporting Amlon's growth through multiple acquisitions.

The deal represents continued consolidation in the industrial waste management industry, where companies seek to expand capabilities and geographic reach. Amlon's acquisition strategy under Heartwood's ownership demonstrates the private equity firm's commitment to building a comprehensive environmental services platform. This latest purchase follows a pattern of strategic add-on acquisitions aimed at strengthening market position.