Mergers and Acquisitions


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    Deep Dive

    8 questions about the top trends shaping waste and recycling in 2022

    Waste Dive is watching how much longer heightened M&A activity lasts, what it will take to maintain the workforce in a tough market, where organics infrastructure is growing, what’s next for recycling and more.

    By , , Jan. 13, 2022
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    With $45M Closed Loop deal, Sims Municipal Recycling to expand and compete for more contracts

    The pending sale of a stake in the Australian scrap giant's U.S. curbside recycling division is called a "game-changer" as the company aims to pursue more municipal contracts and make new products from the recycled material.

    By Jan. 4, 2022
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    photovs via Getty Images

    By the numbers: 2021's waste and recycling trends

    Take a look back through the key data points that shaped the conversations around some of the top issues — M&A, ESG, policy and workforce challenges — in an eventful year.

    By , , Dec. 23, 2021
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    Roundup: Waste Dive's 2021 Q&A's with waste and recycling leaders

    From Waste Management's first chief sustainability officer to the Biden administration's pick to lead U.S. EPA waste policy, look back on the year's conversations with execs, authors, investors, entrepreneurs and regulators.

    Dec. 22, 2021
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    Rubicon going public in $1.7B SPAC deal as 'digital challenger' to waste industry's 'status quo'

    The Kentucky-based tech company, known for its aggressive efforts to "disrupt" the waste and recycling industry without owning physical assets, expects to more than double revenues by 2024. The deal could close by Q2.

    By Dec. 16, 2021
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    Sliveoak via Getty Images

    Tracking the waste and recycling industry's M&A boom

    Keep up with the latest acquisitions, including Rubicon's newly announced purchase of software company CIVIX.

    By Updated Jan. 13, 2022
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    Katie Pyzyk/Waste Dive

    Corporate Growth Conference: Navigating modern M&A involves more partners than ever before

    Speakers at last week's Chicago event, including former CEOs who've sold companies to GFL and Waste Management, highlighted the evolution of deal logistics over the years, including the growing role of private equity.

    By Nov. 10, 2021
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    Opinion

    The dirty truth about the waste industry's 'labor shortage'

    Chuck Stiles, director of the Solid Waste and Recycling Division of the Teamsters union, says the industry's issue with recruiting and retaining workers comes down to insufficient wages, benefits and respect.

    By Chuck Stiles • Nov. 9, 2021
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    GFL 2021 earnings

    GFL Environmental on track to close 40 acquisitions this year, ramping up RNG and MRF projects

    Having acquired assets worth an estimated C$735 million in annual revenue to date, GFL intends to keep up its pace for the foreseeable future and raised 2021 guidance.

    By Nov. 4, 2021
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    Cole Rosengren/Waste Dive

    2021 earnings coverage: GFL Environmental

    In its second year as a public company GFL continued an aggressive expansion pace throughout North America, including multiple large acquisitions such as Terrapure and PDC.

    By Waste Dive Team • Updated Nov. 4, 2021
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    Tracking the industry: US waste and recycling info hub

    Follow some of the most essential developments around M&A, ESG pledges, federal and state policy, PFAS regulations, quarterly earnings results and more with Waste Dive's unique trackers and ongoing in-depth coverage.

    By Waste Dive Team • Updated Nov. 23, 2021
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    Cole Rosengren/Waste Dive

    2021 earnings coverage for US waste and recycling companies

    Catch up on Waste Dive's quarterly analysis of results from Waste Management, Republic Services, Waste Connections, GFL Environmental and others during 2021.

    By Waste Dive Team • Nov. 1, 2021
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    Cole Rosengren/Waste Dive

    2021 earnings coverage: Waste Connections

    For the industry's third-largest company, 2021 has continued a trend of heightened M&A activity, new ESG investments and ongoing pandemic recovery in multiple markets.

    By Waste Dive Team • Nov. 1, 2021
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    Courtesy of Republic Services

    2021 earnings coverage: Republic Services

    Amid a leadership transition in 2021, the industry's second-largest player has ramped up spending related to ESG efforts and M&A, including the acquisition of Santek Waste Services and ACV Enviro.

    By Waste Dive Team • Nov. 1, 2021
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    Courtesy of Waste Management

    2021 earnings coverage: Waste Management

    The North American industry's largest company has been focused on integrating Advanced Disposal Services, ramping up recycling investments and maneuvering through pandemic effects throughout the year.

    By Waste Dive Team • Nov. 1, 2021
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    Courtesy of Waste Management

    Q3 earnings: A complex economic recovery continues, with M&A spending on the rise

    Inflation and labor were also cited as notable challenges during recent reports. Catch up on our takeaways from key public companies.

    By Waste Dive Team • Updated Nov. 4, 2021
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    Courtesy of Republic Services
    RSG 2021 earnings

    Republic Services M&A spending on track to top $1B in 2021, highest in over a decade

    The company is also making investments in landfill gas projects and expanding its environmental solutions business as it caps off a quarter that saw some volumes exceed pre-pandemic levels.

    By Oct. 29, 2021
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    Cole Rosengren/Waste Dive
    WCN 2021 earnings

    Waste Connections acquisitions worth $240M in revenue through Q3, at least $100M more anticipated

    The company upped its outlook thanks to economic recovery trends and M&A but reported inflationary pressures. CEO Worthing Jackman also described potential vaccine mandates as a notable labor headwind.

    By Oct. 28, 2021
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    Cole Rosengren/Waste Dive
    WM 2021 earnings

    Waste Management sees path to offset 'acute' inflation, labor turbulence through pricing and automation

    The company raised revenue guidance again but faced a challenging quarter. During one recent week an estimated 900 employees were out due to COVID-19 at the same time as volumes increased due to the economic rebound.

    By Oct. 26, 2021
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    M&A hit 'historic highs' amid the talent crunch. How are HR teams coping?

    Acquiring employers are being asked a key question from their workers, one executive told HR Dive: "Is my company showing up for me?"

    By Ryan Golden • Oct. 21, 2021
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    Permission granted by BYD

    Macquarie acquiring large stakes in GreenWaste and Zanker in its first California waste deal

    GreenWaste and partner company Zanker Recycling's northern California operations include multiple organics recycling facilities. Moody's Investors Service estimates operations are generating $325 million in annual revenue.

    By Updated Oct. 15, 2021
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    Q&A

    Waste Pro execs, on their way to $900M in revenue, outline multiyear Southeast growth strategy

    While other family-led operations are selling this year, this Florida-based company says it's here to stay. CEO Sean Jennings and COO Keith Banasiak share their outlook on M&A, labor, municipal relations and more.

    By Oct. 11, 2021
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    Permission granted by LRS

    LRS acquires numerous Midwest assets from GFL, including Advanced divestitures

    The recently closed deal contains substantial collection and hauling business in Illinois, including the Chicago area, as well as assets in Minnesota. The deal is the largest for LRS to date.

    By Oct. 1, 2021
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    Permission granted by PDC

    GFL Environmental expands Midwest footprint with PDC acquisition

    Today's purchase of Peoria Disposal marks the transfer of a 93-plus-year family business that provides GFL with a sizable, vertically-integrated waste and recycling platform in Illinois and Missouri.

    By Oct. 1, 2021
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    Spencer Platt via Getty Images

    2021 highlights from the waste and recycling industry's M&A bonanza

    In a major year of acquisition activity, catalysts have included pending tax changes, more expensive environmental standards and pandemic fatigue. Stay up to date with our original reporting and insight on key deals.

    By The Waste Dive Team • Updated Dec. 21, 2021