Mergers and Acquisitions


  • Casella collection truck
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    Courtesy of Casella Waste Systems
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    Casella updates outlook amid positive pricing and acquisitions in Q1

    During an earnings call on Friday, executives offered updates on the Star Waste deal, tech upgrades and landfill permitting progress.

    By May 1, 2026
  • Waste Connections truck in Brooklyn, NY
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    Cole Rosengren/Waste Dive
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    Q1 earnings results for major waste and recycling companies in 2026

    Catch up with the latest results from Casella, Waste Connections, WM and GFL Environmental.

    By Waste Dive Staff • April 30, 2026
  • The exterior of a garbage truck with the GFL Environmental logo
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    Jacob Wallace/Waste Dive
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    GFL defends Secure M&A plan amid strong quarter

    Executives again highlighted the upside of the proposed Secure Waste acquisition during the company’s earnings call, as the underlying business showed strength. They also noted plans to double revenue in Texas.

    By April 30, 2026
  • A blue Republic Services garbage truck is driving on a city street past beige buildings and storefronts. The side of the truck features a large white and red star logo with text. The truck also displays the number 2237 and “Clean Air Vehicle.”
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    Alamy
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    FTC clears Republic’s purchase of Robinson Waste in Utah

    The family-run hauler received an investment from ERA Partners in 2024. Its collection and transfer assets further densify Republic’s position in the Salt Like City region.

    By April 30, 2026
  • Waste Connections truck in Brooklyn, NY
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    Cole Rosengren/Waste Dive
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    Waste Connections notes positive Q1 despite rising fuel prices

    The company insulated itself somewhat from higher fuel costs through hedging and surcharges. It is also seeing benefits from AI-related cost savings, recovering recycled commodities prices and RNG activity.

    By April 23, 2026
  • A truck trailer has the Arcwood Environmental logo emblazoned on the side
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    Permission granted by Arcwood Environmental
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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 April 20, 2026
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    Courtesy of MDI
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    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 April 20, 2026
  • A truck with the logo "G.W. Shaw & Son Rubbish & Recycling" sits in front of an industrial building in Greenville, New Hampshire
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    Permission granted by G.W. Shaw & Son
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    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 April 17, 2026
  • A closeup of blue and black garbage bags
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    Getty Images
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    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 April 15, 2026
  • A green trash truck is parked outside a shopping complex.
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    Megan Quinn/Waste Dive
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    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 April 13, 2026
  • Red garbage truck in parking lot with Boston Carting Services logo
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    Permission granted by Boston Carting Services
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    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 , Updated April 6, 2026
  • The cabin of a waste truck is featured prominently. It sits on a white gravel road with brush behind it.
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    Permission granted by Frontier Waste Solutions
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    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 Updated April 1, 2026
  • Aerial view of an industrial facility with a scraped earth ground and large shed. Conveyor belts also load material into one gravel-lined spot.
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    Permission granted by Vaulted Deep
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    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 March 10, 2026
  • 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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    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 , Feb. 26, 2026
  • A residential neighborhood scene featuring a blue Republic Services garbage truck collecting compostable yard waste. A worker in a bright yellow vest loads large brown paper leaf bags into the truck. A row of suburban houses and overcast skies form the backdrop.
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    Alamy
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    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 Feb. 25, 2026
  • Harsco employee
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    Permission granted by Clean Earth/Harsco Corporation
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    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 Feb. 24, 2026
  • Side view of blue DTG Recycle trucl
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    Retrieved from DTG Recycle on May 16, 2024
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    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 Updated Feb. 24, 2026
  • A trash truck leaves a material recovery facility.
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    Megan Quinn/Waste Dive
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    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 Feb. 20, 2026
  • Clean Harbors at household hazardous waste collection event in Abington, Pennsylvania.
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    The image by Montgomery County Planning Commission is licensed under CC BY-SA 2.0
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    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 Feb. 18, 2026
  • Republic Services collection truck
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    Courtesy of Republic Services
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    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 Feb. 18, 2026
  • A green trash truck is parked outside a shopping complex.
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    Megan Quinn/Waste Dive
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    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 truck on display at WasteExpo 2022
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    Maria Rachal/Waste Dive
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    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 Feb. 12, 2026
  • 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 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 Feb. 12, 2026
  • A worker rolls a trash cart to a trash truck on the street
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    Megan Quinn/Waste Dive
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    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 Feb. 6, 2026
  • Two collection bins with the Ecowaste Solutions logo
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    Permission granted by Ecowaste Solutions
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    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 Updated Feb. 6, 2026