Mergers and Acquisitions
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Arcwood makes major investments amid national growth strategy
In 2025, the company invested roughly $80 million into its facilities and executed several acquisitions. It’s looking to expand capacity to capture growing waste streams, including PFAS and pharmaceuticals.
By Jacob Wallace • April 20, 2026 -
Ecowaste Solutions acquires MDI’s Southeastern assets
Ecowaste will acquire certain MDI assets in Alabama, Florida and Mississippi, including a transfer station and C&D landfill. MDI is exiting those commercial and residential offerings to focus on its services for the U.S. military.
By Megan Quinn • April 20, 2026 -
New Hampshire’s G.W. Shaw grows with tuck-in deals, transfer station
The multigenerational, family-owned company is growing via regional acquisitions, a recently opened transfer station, concrete and wood recycling, organics collection and more.
By Cole Rosengren • April 17, 2026 -
New York shuffles commercial waste zone timing in areas affected by M&A
Certain zone launches were moved up, while others with contract gaps due to prior acquisitions were moved back. The city remains committed to full implementation by the end of 2027.
By Cole Rosengren • April 15, 2026 -
GFL bets on oil amid Iran war in $4.6B Secure Waste deal
The transaction would add to GFL’s offerings one year after it divested from its environmental services business. Executives detailed synergies, including routing waste to Secure’s portfolio of more than a dozen landfills.
By Jacob Wallace • April 13, 2026 -
Casella acquires Boston-area Star Waste Systems
The purchase of private equity-backed Star is worth an estimated $100 million in annualized revenue. The company comes with multiple municipal hauling contracts and hauling locations, plus a C&D facility.
By Megan Quinn , Cole Rosengren • Updated April 6, 2026 -
GFL buys large Texas hauler Frontier Waste from private equity firms
The transaction includes nearly 650 trucks, 24 locations and a landfill. It significantly expands GFL’s footprint in the state, which is built on prior purchases from WCA and Sprint Waste.
By Cole Rosengren • Updated April 1, 2026 -
Vaulted Deep bets carbon storage can enable a waste solution
The company is using injection well technology developed in oilfields for long-term disposal of organic waste. With roughly $56 million raised, it’s looking to pitch its services around the country.
By Jacob Wallace • March 10, 2026 -
Major public waste companies spent nearly $3.3B on M&A in 2025
The combined spending from WM, Republic Services, Waste Connections, GFL Environmental and Casella was down year over year, but that’s largely due to a major deal in 2024.
By Jacob Wallace , Megan Quinn • Feb. 26, 2026 -
Republic Services acquires second Kansas landfill of the year
The C&D landfill owned by Cornejo & Sons builds on another transaction that Republic closed in February. The company plans to continue to spend aggressively on M&A this year.
By Jacob Wallace • Feb. 25, 2026 -
Enviri brings back former CFO and provides Clean Earth update
The company expects the antitrust review period to expire on March 9, after which the sale of Clean Earth to Veolia is expected to move toward closing by mid-year.
By Jacob Wallace • Feb. 24, 2026 -
Retrieved from DTG Recycle on May 16, 2024
Macquarie exits DTG Recycle with sales to founder, Waste Connections
The investment firm purchased the Washington-based C&D company in 2022. Founder Dan Guimont has returned to run the business, with select assets divested to Waste Connections.
By Cole Rosengren • Updated Feb. 24, 2026 -
Casella gives landfill and organics facility updates after strong 2025
In his first earnings call since becoming CEO, Ned Coletta highlighted 2025 acquisitions and offered updates on landfill optimization strategies and an organics facility closure in the Northeast.
By Megan Quinn • Feb. 20, 2026 -
The image by Montgomery County Planning Commission is licensed under CC BY-SA 2.0
Clean Harbors looks to spend record cash on M&A and internal growth
The company met its guidance for full-year 2025 and looks to act on growth levers. That includes capital investments and M&A, such as a new $130 million deal with Depot Connect International.
By Jacob Wallace • Feb. 18, 2026 -
Republic misses 2025 earnings projections but promotes underlying strength
The company fell short of guidance issued a year ago for revenue, but reported strong free cash flow and a business positioned for growth in environmental services.
By Jacob Wallace • Feb. 18, 2026 -
Q4 earnings results for major waste and recycling companies in 2025
Catch up with the latest results from Enviri, WM, Waste Connections, Casella, Republic Services, Clean Harbors and GFL Environmental.
By Waste Dive Staff • Updated Feb. 24, 2026 -
Waste Connections previews AI, RNG investments for 2026
During a Q4 earnings call, executives highlighted about $330 million in acquired annualized revenue from 19 acquisitions in 2025. CEO Ron Mittelstaedt previewed AI projects for routing and customer experience.
By Megan Quinn • Feb. 12, 2026 -
GFL details headquarters move, EPR and RNG plans
The company is officially relocating its headquarters to Miami Beach, but will maintain its presence in Canada. The company reported strong underlying business but foreign currency translation headwinds to end 2025.
By Jacob Wallace • Feb. 12, 2026 -
WM to acquire Waste Resources in California
The company, which offers residential and commercial hauling in parts of Southern California, has franchise agreements in several cities that have provided approval to change contracts over to WM service.
By Megan Quinn • Feb. 6, 2026 -
Newly formed Ecowaste Solutions looks to double size in 3 years
The company just announced its third acquisition, less than a month into its existence. Kinderhook Industries Managing Director Rob Michalik said Ecowaste will expand rapidly in the South.
By Jacob Wallace • Updated Feb. 6, 2026 -
The image by Ian Ballinger is licensed under CC BY-SA 4.0
Republic Services acquiring Hamm landfill and MRF in Kansas
The landfill has served Kansas’ sixth-largest municipality for decades. The MRF began accepting waste in 2015 and was an early adopter of Stadler technology.
By Jacob Wallace • Feb. 4, 2026 -
Routeware’s new CEO discusses fleet tech company’s strategy
Routeware has served the waste industry since 2000. But with new leadership comes an opportunity to refocus on the fundamentals, CEO Jeremy Collins told Waste Dive.
By Jacob Wallace • Feb. 2, 2026 -
The image by Kris Arnold is licensed under CC BY-SA 2.0
The 2026 outlook for the waste and recycling industry
Economic and policy shifts could impact waste and recycling business in 2026, including M&A deals, state recycling legislation, and regulations for PFAS and landfills.
By Waste Dive Staff • Jan. 30, 2026 -
Deep Dive
Is a better economy a worse environment for waste M&A?
The industry has become a safe harbor for investors seeking stable returns over the last five years. But as it matures, sellers are getting larger and buyers are getting hungrier.
By Jacob Wallace • Jan. 30, 2026 -
WM signals optimism in Q4 despite healthcare solutions integration
WM CEO Jim Fish says sustainability investments paid off in 2025, with six more RNG projects and four recycling projects due in 2026. Improvements to its Stericycle integration should help margins.
By Megan Quinn • Jan. 29, 2026