The most recent update to this tracker is:
- Reconomy-backed Lincoln Waste Solutions acquired National Waste Associates. Connecticut-based NWA provides waste services to 2,900 locations around the U.S. Reconomy entered the U.S. brokerage and services space in 2024 when it acquired Lincoln Waste Solutions, and has since worked to expand the company’s presence.
- GFL Environmental Services, the private business backed by Apollo and BC Partners, acquired Michigan-based Plummer’s Environmental Services. The company has a fleet of roughly 100 vehicles and an industrial waste treatment facility, and offers a variety of industrial and municipal environmental services.
- Waste Connections acquired Florida-based Great Waste, a provider of roll-off and front-load collection services in Miami-Dade and Broward Counties, according to recent corporate records and job postings. The company has over 50 vehicles according to federal records.
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.
