The most recent update to this tracker is:
- Long Island Waste Services is merging with fellow New York-based company National Waste Services. NWS, founded in 2001 by the Leone family, provides a range of residential and commercial collection services on Long Island. LIWS CEO Anthony Avellino will lead the combined company. NWS CEO Joseph Leone will join the senior leadership team and his family members will maintain an ownership stake. LIWS is a portfolio company of Terramont Infrastructure Partners. Co-investor Environmental Services Investors advised on the transaction.
- Action Environmental Services, a subsidiary of Interstate Waste Services, recently completed multiple acquisitions in New York City as the market transitions to a commercial waste zone system. The deals included brokers Diverse Recycling Solutions and Full Circle Recycling Services, as well as select assets of Evergreen Waste and City Waste Services.
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.
