NYC market continues to consolidate, leading to new questions for waste zone system

Waste Connections’ purchase of a fellow awardee has left potential openings for competitors after it exceeded a 15-zone threshold. Meanwhile, Interstate Waste is buying up haulers, and others could become subcontractors.

By Cole Rosengren • Oct. 7, 2024

Reworld to get new minority owner as EQT strikes deal with GIC

The transaction would increase the stake of investor GIC, which manages the Singaporean sovereign wealth fund. It would also infuse Reworld’s growth plans with fresh capital, executives said.

By Jacob Wallace • Oct. 2, 2024

Notable waste and recycling conferences in 2025

Organizers have already begun planning conferences for 2025, with new locations announced for events by SWANA and ReFED. See details about next year’s events covering business trends, organics, plastic recycling and more.

By Waste Dive Staff • Updated Oct. 4, 2024

Waste Connections buys NYC company in first major deal after zone contracts

Royal Waste Services, one of the city’s larger privately owned haulers, has key post-collection facilities. This comes as companies begin implementing service in the city’s first commercial waste zone this month.

By Cole Rosengren • Sept. 10, 2024

Casella expanding in New York and Connecticut with latest acquisition

The family-owned businesses, Royal Carting and Welsh Sanitation, are expected to generate over $90 million in annualized revenues.

By Megan Quinn • Sept. 9, 2024

Clean Harbors nears $5M agreement with DOJ to clean up Louisiana site contaminated with PCBs

The agreement, subject to final court approval, would see Clean Harbors conduct remediation work at a site first opened in 1969. Clean Harbors gained control of the site from Safety-Kleen in 2002.

By Jacob Wallace • Aug. 29, 2024

Routeware acquires recently spun-off Rubicon fleet tech business

The transaction expands the services Routeware can provide to clients, especially large municipal fleets, CEO Paul Rafalowski said in an interview.

By Jacob Wallace • Aug. 28, 2024

Rubicon required to initiate sale process after it sold fleet technology business

Following the initial transaction in May, Rubicon entered an agreement with lenders to pursue a take-private plan for the whole company within 10 months.

By Jacob Wallace • Aug. 22, 2024

Interstate Waste Services acquires New York hauler Marangi Disposal

The deal nearly doubles IWS’ presence in upstate New York, including in the county where it was founded. Marangi adds 50 collection vehicles to IWS’ growing fleet.

By Jacob Wallace • Aug. 20, 2024

Stericycle’s $7.2B sale to WM clears DOJ antitrust review

This development follows shareholder approval in August and clears the way for the transaction to potentially close in Q4. A prior securities filing shows that Stericycle had been considering a transaction for years.

By Megan Quinn , Cole Rosengren • Updated Sept. 6, 2024

EQT to acquire majority stake in AMCS, expanding its waste and recycling footprint

AMCS serves customers in 80 countries with a suite of services that includes payment software, route optimization and AI overfill detection. EQT indicated plans for growth following the deal’s close.

By Jacob Wallace • Aug. 14, 2024

Top waste companies spent $835M on Q2 M&A, forecast more to come this year

WM, Waste Connections and GFL Environmental reported notable transactions during the period, while others were less active. Casella’s Q3 totals are expected to be higher due to deals that closed this summer.

By Cole Rosengren , Megan Quinn • Aug. 6, 2024

GFL has no plans to go private, plans auction of environmental services business

CEO Patrick Dovigi said the company received interest from several buyers for its liquid waste and soil remediation business. A potential sale could reduce leverage while funding stock buybacks and more solid waste M&A.

By Jacob Wallace • Aug. 1, 2024

Clean Harbors gains stronger-than-expected returns from HEPACO, ups guidance

The company is undertaking several initiatives to address low base oil prices for its Safety-Kleen business. It continues to see growth in environmental services, however, and is open to more M&A on that front.

By Jacob Wallace • July 31, 2024

Casella acquires Whitetail Disposal and LMR Disposal, expanding mid-Atlantic footprint

The deals, first reported by Waste Dive, expand Casella’s presence in eastern Pennsylvania and western New Jersey. Casella expects they will generate an estimated $100 million in annualized revenue.

By Cole Rosengren , Megan Quinn • Updated Aug. 1, 2024

Q2 earnings results for major waste and recycling companies in 2024

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

By Waste Dive Staff • Updated Aug. 6, 2024

WM highlights M&A ramp-up, investments in recycling and RNG

WM highlighted continued operational efficiencies and receding commodity headwinds as factors powering what executives described as a strong Q2 performance. 

By Megan Quinn • July 25, 2024

Waste Connections touts big M&A growth, ramps up rail tons to Arrowhead Landfill

CEO Ron Mittelstaedt said the company is on track for an annual record in private company acquisition spending. He also touted ongoing improvements in employee retention, recycling earnings and energy waste services.

By Cole Rosengren • July 25, 2024

Waste Pro recieves first credit rating from Fitch as it charts long-term growth plans

Fitch noted Waste Pro’s strong presence in the Southeast and its residential and commercial contract stability. Waste Pro sought the new rating as it aims to refinance debt.

By Megan Quinn • July 23, 2024

Terex announces $2B deal for Environmental Solutions Group

The deal values Environmental Solutions Group, which includes brands like Heil and Soft-Pak, at 8.4 times its expected earnings for the year. Terex noted expected growth in the refuse vehicle market as one of its motivations.

By Jacob Wallace • Updated July 22, 2024

WM acquires Winters Bros. Waste, a major New York company

Long Island’s largest independent hauler and recycler, which employs more than 500 people, has numerous assets in an area that faces strains from an upcoming reduction in regional disposal capacity.

By Cole Rosengren • Updated July 25, 2024

LRS receives credit rating downgrades, hires chief revenue officer

Moody’s and S&P both downgraded the Midwest recycler in June due in part to high debt leverage, but they maintained stable outlooks. LRS is searching for a CFO after Luke Chenery returned to Macquarie.

By Megan Quinn • July 9, 2024

Apex Waste grows in Colorado with 2 new deals, including WM sites

The Kinderhook-backed company is now vertically integrated after purchasing landfills and a MRF from Twin Enviro Services. Following these deals, Apex now services an estimated 100,000 customers.

By Cole Rosengren • Updated July 9, 2024

2024’s notable waste and recycling acquisitions so far

The first six months of the year saw notable deal announcements involving WM, Stericycle, GFL Environmental, Waste Connections, Clean Harbors and more.

By Waste Dive Staff • July 5, 2024

Environmental services segment still has plenty of M&A runway

Republic Services, Clean Harbors, Crystal Clean, Reworld and other companies have been very active with M&A in recent years. Here’s why analysts and executives expect that to continue.

By Cole Rosengren • June 13, 2024