Dive Brief:
- Waste Pro announced it has spent $170 million on 24 acquisitions so far in 2025. The deals are meant to both solidify and expand its customer base throughout its 12-state footprint in the Southeastern U.S.
- The deals are expected to net approximately $91 million in annual revenue. The list includes five landfills, a transfer station, a baler and compactor company and several haulers throughout Alabama, Florida, Georgia, Louisiana, Mississippi, North Carolina and Tennessee.
- Waste Pro also reported a “record year” for municipal contracts, with 30 new and 23 renewed exclusive municipal franchise agreements and one landfill operation and maintenance contract. Such contracts are worth about $931 million over their initial lifespan, and up to $1.7 billion with extensions and renewals, the company reported.
Dive Insight:
Florida-based Waste Pro is one of the industry’s largest private companies, and it has been picking up the pace of acquisitions in recent years as part of the company’s goal to reach $2 billion in revenue in the coming years. Waste Pro says 2025 revenue is on track to reach about $1.4 billion, up from its estimated $1.3 billion reported in 2024.
Sean Jennings, who became CEO in 2020, said the company has recorded revenue growth of about 86% during his tenure.
Waste Pro’s mix of acquisitions are part of a plan to have an “operationally diverse portfolio” that includes residential and commercial hauling, disposal services, industrial waste services and recycling processing, the company said.
Waste Pro focused on acquisitions in Louisiana and Florida in particular this year, noting 12 deals total in those states. The company also highlighted its plans to grow its presence in the disposal and processing market, including eight post-collection facilities throughout Alabama, Florida, Louisiana, Mississippi and Tennessee.
The company’s 2025 purchases included Acadiana Landfill, ACE Waste Systems, ACE Enterprises, American Waste Disposal, Express Waste, Gasline Road Landfill, JWC Environmental, Lauderdale County Landfill, Highway 11 Landfill, K&S Sanitation, Lott Road Landfill, Mitchell’s Disposal, Parish Disposal, R&F Waste, RC Stokes, Recycling Partners, Residential Garbage Services, Tiller’s Garbage Service and Whites Creek Transfer Station.
Waste Pro also purchased Orlando Waste Paper and Container Rental Company, Gulf Coast Baler and Compactor and Republic Services’ operations in Mobile, Alabama.
Waste Pro, founded in 2001, is approaching its 25th anniversary. In 2024, it reported spending a record $140 million on 15 acquisitions worth about $62 million in annualized revenue. Those deals included four landfills and multiple hauling operations in the Southeast, along with several transfer stations.
The company logged over $900 million in municipal contracts in 2024. For 2025, that amount is closer to $931 million and includes new and renewing contracts ranging from one to 10 years long.
Waste Pro plans to expand services under a new contract in Orange County, Florida, by the end of the year. It also renewed a contract in Manatee County, Florida, that will have some services changes. Those two contracts, along with one in Sarasota County, Florida, account for $520 million in initial terms and will service about 223,000 customers, Waste Pro said.
Waste Pro estimates it serves over 444,000 residential customers through the new and renewed franchise agreements.
