Mergers and Acquisitions


  • PFAS treatment equipment inside a facility
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    Courtesy of Montrose Environmental
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    Montrose Environmental again raises guidance, noting strong PFAS, water treatment demand

    Executives said Montrose is still seeing steady demand for services, particularly from the waste and energy industries, as state regulations drive air and water treatment management. 

    By Nov. 7, 2025
  • Atlas Organics sort line at San Antonio, Texas compost facility
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    Permission granted by Atlas Organics/Generate
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    Circular Services buys Atlas Organics from Generate Upcycle

    The deal comes nearly four years after Generate Upcycle’s parent acquired a majority stake in Atlas. In the years since, the composter has worked to grow operations within its existing footprint.

    By Nov. 6, 2025
  • Aerial view of an industrial facility with tanks and a complex system of pipes. A small pond is in the foreground, and a road leads to a landfill in the background.
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    Permission granted by Atlantic County Utilities Authority
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    RNG pricing gives companies pause; plus news from Generate, Waga and more

    The price of D3 RINs, the marquee credit for renewable natural gas, is down this year. Companies like Waste Connections and WM are shifting RNG decisions accordingly.

    By Nov. 5, 2025
  • A large garbage container with the Waste Connections Logo sits on a concrete lot with palm trees and other vegetation behind it.
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    Octavio Jones via Getty Images
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    Waste Connections acquiring Florida Express Environmental

    The family-run company has one of the larger privately owned fleets in the Ocala region and is also affiliated with a C&D landfill. Marion County approved a transfer of the company’s franchise agreement on Nov. 4.

    By Updated Nov. 4, 2025
  • Casella's Mack LR Electric truck
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    Courtesy of Casella Waste Systems
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    Casella again raises revenue guidance, notes improvements in mid-Atlantic region

    Casella increased the lower end of its guidance ranges for revenue and adjusted EBITDA, citing limited commodity exposure. The company says it is also making headway on key New York landfill permits.

    By Oct. 31, 2025
  • Several large industrial tanks at a facility are visible, one of which is emblazoned with "Safety-Kleen - A Clean Harbors Company."
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    The image by Infrogmation is licensed under CC BY-SA 4.0
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    Waste volumes, PFAS carry revenues in Clean Harbors’ Q3

    The company expects full-year revenue from its business treating per- and polyfluoroalkyl substances to reach more than $100 million. Headwinds in industrial and field services limited Clean Harbors’ financial returns in Q3.

    By Oct. 30, 2025
  • A trash truck on display at a convention
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    Megan Quinn/Waste Dive
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    Q3 earnings results for major waste and recycling companies in 2025

    Follow the latest results from Casella Waste Systems, Republic Services, WM, Waste Connections and Clean Harbors.

    By Waste Dive Staff • Oct. 30, 2025
  • Green GFL Environmental truck
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    Jacob Wallace/Waste Dive
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    GFL Environmental Services acquires mid-sized Michigan industrial waste company

    It’s the latest acquisition for the privately held division, which executives plan to grow quickly under the ownership of an Apollo Global Management fund.

    By Oct. 29, 2025
  • WM trucks
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    Permission granted by WM
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    WM healthcare integration affects results in otherwise profitable quarter

    Strong collection and disposal business helped boost WM in the quarter, but the company faced headwinds in the Healthcare Solutions segment and a $152M impairment charge for the closure of Natura PCR.

    By Oct. 28, 2025
  • Waste Connections truck on display at WasteExpo 2022
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    Maria Rachal/Waste Dive
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    Waste Connections reports Florida acquisitions, stable pricing

    CEO Ron Mittelstaedt noted the company weathered economic headwinds but got a boost from its E&P business and rail improvements meant to help boost the Arrowhead Landfill, which takes about 7,500 tons a day.

    By Oct. 22, 2025
  • Refurbished Waste Pro truck
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    Permission granted by Waste Pro
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    Waste Pro reports $170M in M&A for 2025, ‘record year’ for municipal contracts

    The Florida-based company logged 24 acquisitions and focused on growing its disposal and processing capabilities. It also noted significant municipal contracts worth $520 million in major Florida counties.

    By Oct. 9, 2025
  • Veolia's Gum Springs, Arkansas, hazardous waste complex
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    Courtesy of Veolia North America
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    Veolia North America names new CEO

    Nadège Petit, formerly of Schneider Electric, will help lead the company toward its goal to grow by 50% in North America. The company has focused on acquisitions and facility investments in the region in recent years.

    By Oct. 7, 2025
  • A trash truck leaves a material recovery facility.
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    Megan Quinn/Waste Dive
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    Casella sustainability update highlights recycling, safety improvements

    The progress report, a supplement to the biennial sustainability report, notes the company is behind on its GHG emissions goals but is increasing waste diversion and expanding safety programs.

    By Oct. 2, 2025
  • The side of a truck is pictured with multiple logos, including that of New Way Trucks. The company's automated side-loading mechanism is partially in view.
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    Jacob Wallace/Waste Dive
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    Federal Signal to buy into growing side-loader market via New Way Trucks deal

    Publicly traded Federal Signal expects its purchase of the family-owned truck manufacturer to close by the end of the year. It highlighted New Way’s position as the largest U.S. side-loader manufacturer in a note to investors.

    By Oct. 1, 2025
  • trucks
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    shutterstock.com/Nitiphonphat

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    Sponsored by Custom Inspection Solutions LLC

    The critical role of independent fleet inspections in waste M&A

    Independent inspections can make or break a waste industry deal. Here’s why.

    Sept. 29, 2025
  • Republic Services collection truck
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    Courtesy of Republic Services
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    Republic Services acquires Montana landfill and hauler serving Helena

    The deal nets Republic its second landfill in the state. Tri-County Disposal has served the greater Helena area for more than 50 years as a privately owned hauler.

    By Sept. 26, 2025
  • Closeup of the E360S logo on a waste collection truck
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    Cole Rosengren/Waste Dive
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    Q&A

    E360S, major Canadian waste company, preps to enter US market

    The company is now approaching 1 billion Canadian dollars in revenue and hoping to double the size of its business. CEO Danny Ardellini discussed expansion plans, EPR contracts, employee culture and more.

    By Sept. 24, 2025
  • GFL Environmental truck at Waste Expo
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    Cole Rosengren/Waste Dive
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    GFL acquires Superior Waste from private equity group

    The acquisition nets GFL Environmental a fully integrated presence in Oklahoma that includes multiple transfer stations and a municipal solid waste landfill.

    By Sept. 10, 2025
  • An aerial view of three waste trucks in a landfill site; the surrounding area contains waste and dirt.
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    Alamy
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    Deep Dive

    Waste and the economy: 4 areas to watch for the rest of 2025

    The waste and recycling industry has adapted to a changing economy this year, including effects from a lucrative new tax law, M&A, tariffs and commodity markets.

    By , , Sept. 3, 2025
  • A truck with a dumpster on its back and the Agri-Cycle logo on its cab is parked in a parking lot.
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    Permission granted by Closed Loop Partners
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    Closed Loop acquires Agri-Cycle, expanding organics reach

    Agri-Cycle provides collection services to customers across 14 states in the Northeast. With the deal, Closed Loop Partners’ private equity arm looks to aggressively grow its organics portfolio.

    By Aug. 20, 2025
  • Aerial view of compost facility with mountains in background
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    Permission granted by GreenWaste
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    Q&A

    GreenWaste’s new CEO eyes M&A, California facility expansion for growth

    GreenWaste appointed former COO Clete Elms to permanently serve as CEO of the private equity-backed company. He brings experience leading Australian waste firms and a focus on sustainability.

    By Aug. 11, 2025
  • The GFL Environmental logo decal on the door of a large garbage truck
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    Jacob Wallace/Waste Dive
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    GFL’s infrastructure spinoff completes deal valuing business at nearly $3.1B

    A transaction finalized with Energy Capital Partners marks a significant milestone following the 2022 spinoff. GFL will receive a cash infusion through its minority stake.

    By Updated Sept. 4, 2025
  • Harsco employee
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    Permission granted by Clean Earth/Harsco Corporation
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    Enviri considering sale of Clean Earth business

    The publicly traded environmental services company is examining all its options to boost value, but has not committed to a timeline for a potential sale.  

    By Aug. 5, 2025
  • Exterior of the New Mexico state capitol building, which is stucco and prominently features the state seal.
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    Getty Images
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    Enviros target clean fuel programs, plus RNG news from Republic, Sagepoint and more

    In California and New Mexico, environmental groups are ramping up their efforts to slash the strong carbon intensity scores that farm biogas receives through clean fuels programs.

    By Aug. 5, 2025
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    Scott Olson via Getty Images
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    Major waste companies spent $659M on M&A in Q2

    Companies spent significantly less on M&A than in Q1. WM acquired WB Waste in D.C., while Republic, Waste Connections, GFL and Casella focused on smaller tuck-ins or regional deals.

    By , Aug. 4, 2025