May 10: The most recent update to this tracker is EnviroServe’s acquisition of Texas-based CG Environmental. CG provides environmental remediation, emergency response and waste services in Texas, Colorado, Oklahoma, Missouri and other areas. CG was previously backed by private equity firm Silver Peak Partners. EnviroServe, which is a portfolio company of private equity firm One Rock Capital Partners, now has 45 locations.
Canada-based E360S, a portfolio company of BlackRock, also announced the latest in a string of deals this month. The company has acquired Quebec-based H2O Traitements Industriels and MDR Traitements Industriels. H2O, which began operations in 2015, runs a permitted disposal site for industrial oily water, contaminated wastewater and sludges. MDR offers transfer and disposal services for hazardous materials. This follows the recent acquisitions of EZ Bins, Ruby Environmental, Conteneurs CES and others.
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 $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.
We list acquirers 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.
