The most recent updates to this tracker are:
- Redbox+ Dumpsters of Greater Austin acquired Rubbish Inc. Dumpster Rental, a provider of roll-off services in Central Texas. This business is a franchise of the broader Redbox+ Dumpsters brand, which is owned by the Belfor Franchise Group.
- Casella Waste Systems recently acquired Maryland-based Gerber’s, a small commercial and roll-off hauler servicing the Baltimore County area. Gerber’s is a third-generation family business that has been operating for more than 85 years. SC&H Capital advised on the transaction.
- Hoffman Sanitation Services acquired fellow Oklahoma-based hauler Wildhorse Waste Services, as reported by Waste Today. Wildhorse serves an estimated 2,000 residential and commercial customers across multiple counties in Southwest Oklahoma.
- GFL Environmental recently acquired Michigan-based O’Tracey’s Waste, a small hauler servicing the Traverse City area.
- GFL Environmental Services, which recently spun off from the main company as part of a deal with Apollo and BC Partners, acquired Minnesota-based OSI Environmental. OSI provides a range of services for hazardous and non-hazardous waste in multiple states.
- Heidelberg Materials North America acquired certain assets of Concrete Crushers, the largest concrete recycler in Calgary, Alberta. This includes a recycled aggregates yard and a concrete crushing business with four mobile plants. Heidelberg also recently acquired Giant Resource Recovery, which operates four facilities in Alabama, Indiana and South Carolina. GRR’s assets can turn hazardous and non-hazardous waste into alternative fuels for cement kilns, as well as recycle aerosols.
The waste and recycling industry's M&A activity has neared historic levels in recent years.
Collective M&A spending by the U.S. solid waste industry's publicly traded companies approached an estimated $10.9 billion in 2024, $4.2 billion in 2023 and $6.3 billion in 2022. This total does not include deals involving companies with private equity or infrastructure fund backing, which have become increasingly active in recent years.
This tracker’s lists for 2021-2023 focused on deals executed by companies that primarily provide municipal solid waste or recycling services in the United States. As of 2024, our list also includes environmental services transactions and all deals in Canada. Transactions involving significant investments, including minority stakes, may also be included.
We list acquirers or lead investors in alphabetical order by their parent company or common operating name, which may differ from the specific legal entities involved in the acquisitions. Please send feedback or tips to waste.dive.editors@industrydive.com.
