CELEBRATING A 50 YEAR LEGACY
With a rust belt pedigree and a remarkable ability to forge opportunities from obstacles, Soave Enterprises specializes in identifying and growing business potential. The privately owned enterprise holds interests in a diversified portfolio of companies, which collectively generate annual sales in excess of $1.8 billion.
Its beginnings, like most self-made enterprises, were unassuming. In 1961, the Detroit-based company was founded by native son Anthony Soave who decided that finding his own path would be more interesting and profitable than taking over his family’s neighborhood grocery. Soon, he undertook the building of City Management Corporation, a multi-state waste management and environmental services group, which grew to become one of the industry’s largest and most respected operators. In 1998, City Management and its associated holdings were divested and subsequently became a part of Waste Management, one of the largest multi-national environmental companies.
Over the decades, Soave Enterprises has entered, and in a few cases exited, an array of hand-selected industries – from luxury condominiums along Florida’s coast, Chicago-area Budweiser distributorships and innovative Midwestern metals recycling operations to Kansas City-based Mercedes-Benz retailers and a master-planned residential community near Washington, DC. Current holdings also encompass a prized collection of real estate investments, industrial services and facility management companies, and hydroponic greenhouse operations.
Today, Soave Enterprises utilizes its management strengths and robust financial resources to inject new vitality in acquired businesses. Employing a strategy emphasizing the value of human capital and supplementing it with financial capital, Soave Enterprises provides talented, knowledgeable people with the tools they need to succeed.