Rubicon stock begins trading, company reports nearly $197M in proceeds from SPAC deal

The Kentucky-based technology company has started trading on the New York Stock Exchange under the symbol RBT, with plans for further expansion following the new influx of capital.

By Cole Rosengren • Aug. 16, 2022

How WIN Waste Innovations’ unique set of WTE, landfill and rail assets positions it for industry expansion

In an exclusive interview at its headquarters a little over a year after the company's formation, CEO Robert Boucher discussed a possible IPO, upcoming ESG initiatives and the outlook for legacy Wheelabrator facilities.

By Cole Rosengren • Aug. 11, 2022

Public waste companies have spent nearly $3.9B on M&A so far this year

WM plans to get back in the mix with a greater level of spending, while Republic Services, Waste Connections, GFL Environmental and Casella Waste Systems remain quite active. 

By Cole Rosengren • Aug. 10, 2022

Recession or not, waste and recycling companies say outlooks remain strong

Regardless of the direction of the economy, industry execs on earnings calls pointed to waste volume trends, wage rates, price increase acceptance, and experience with past downturns to express confidence.

By Cole Rosengren , Maria Rachal , Megan Quinn • Aug. 8, 2022

Republic Services eyes $600M in 2022 acquisition spending outside of US Ecology

With the recently purchased environmental solutions business delivering on planned cost savings, Republic’s future pipeline will focus primarily on recycling and solid waste transactions, execs said during their earnings call.

By Maria Rachal • Aug. 5, 2022

Q2 earnings results for major waste and recycling companies

Catch up on the latest round of financial results from WM, Republic Services, Waste Connections, GFL Environmental, Casella Waste Systems, Clean Harbors and Stericycle.

Updated Aug. 10, 2022

Q2 recycling report: Commodity price peak may have subsided, MRF upgrades an ongoing priority

Follow the latest insights about market trends and investment priorities from executives at WM, Republic Services, Waste Connections, GFL Environmental and Casella Waste Systems.

By Cole Rosengren , Megan Quinn • Updated Aug. 5, 2022

Waste Connections expects to acquire at least $470M in revenue this year, pricing drives Q2 results

CEO Worthing Jackman previewed what he estimates will be “double-digit revenue growth in 2023” due to further M&A activity, solid waste pricing increases and revenues from E&P waste services. 

By Megan Quinn • Aug. 3, 2022

Clean Harbors says industrial reshoring is helping waste pipeline, reports Georgia acquisition

The environmental services company saw significant growth in its latest results, touting signs it thinks will continue in the months ahead. During their earnings call, executives also discussed capacity expansion, PFAS and ESG impacts.

By Cole Rosengren • Aug. 3, 2022

Rubicon on track to close $1.7B SPAC deal, go public this month following favorable shareholder vote

The Kentucky-based technology company is forecasting $736 million in revenue for the year, with big plans to expand organically and through acquisitions of other brokers once it finally goes public.

By Cole Rosengren • Updated Aug. 3, 2022

Casella hits $1B in annual revenue, updates guidance for second time this year

CEO John Casella attributed the “best quarter in company history” to pricing programs that covered cost inflation and growth from 11 acquisitions this year. Recycling and disposal capacity projects are also progressing.

By Megan Quinn • Aug. 1, 2022

GFL Environmental largely overcomes inflation through pricing and fuel charges, raises 2022 revenue guidance

Executives outlined ongoing efforts to recover direct fuel costs, similar to existing programs by major competitors, and shared an updated outlook on acquisition strategy given the inflationary environment.

By Cole Rosengren • July 28, 2022

WIN Waste Innovations buys Ohio hauler, creating platform for further regional expansion

Following WIN’s purchase of Waste Away Systems, CEO Robert Boucher says more Ohio acquisitions are likely as the Northeast company looks to expand its collection footprint and internalize volumes at two landfills in the state.

By Cole Rosengren • Updated July 28, 2022

WM raises 2022 guidance, plans to restart notable M&A spending

CEO Jim Fish said during the company’s July 27 earnings call that even if an economic slowdown occurs, WM is well-positioned to gain market share. New investments in RNG projects and MRF automation are also progressing.

By Cole Rosengren • July 27, 2022

Gartner: CFOs likely to reduce sustainability spend before talent development, tech

Economic pressures could lead chief financial officers to cut down on investments in sustainability despite a growing executive focus on ESG, Gartner finds.

By Grace Noto • July 26, 2022

Vanguard Renewables CEO on $700M sale to BlackRock, digester expansion and landfill competition

Neil Smith, who joined Vanguard after leading an energy company during a similar period of expansion, breaks down what the sale means for the company’s efforts to launch dozens of RNG-producing facilities.

By Cole Rosengren • July 25, 2022

Nashville approves $13.5M in new collection contracts with Platform Waste, Waste Pro

The new contracts are the latest ripple effect from Red River’s service issues in recent months. They follow emergency contracts the city approved with WM and Waste Pro earlier this year.

By Cole Rosengren • July 22, 2022

Fueled by new Clairvest investment, Boston Carting has many plans for the 'hottest market in the country'

CEO Patsy Sperduto, along with investors from Ironwood Capital and Laurel Mountain Partners, talk about future development and acquisition plans for the fast-growing company following a recapitalization.

By Cole Rosengren • July 21, 2022

Vanguard Renewables sold to BlackRock fund to fuel anaerobic digester expansion

The Massachusetts-based company, known for farm-based projects, aspires to have 100 anaerobic digesters by 2026. This new investment comes as renewable natural gas projects are increasingly popular.

By Cole Rosengren • July 20, 2022

Republic Services reports on progress toward 2030 climate goals, restates emissions accounting

The company says it’s on track to reduce greenhouse gas emissions and boost recovery of certain “key materials,” with more electric vehicles on the way. It has also begun using an industry-created emissions standard.

By Cole Rosengren • Updated July 22, 2022

Judge approves Red River Waste bankruptcy sale to Platform Capital

The private equity firm is expected to close on its purchase of the Texas-based hauler within weeks, following a protracted bankruptcy process and service issues for numerous local government customers.

By Cole Rosengren • July 18, 2022

Allied Industrial Partners expects Waste Eliminator to be 'first of several' industry investments

The latest private equity firm to enter this space discusses its $150 million investment plans for the Atlanta-area company, plus its own aspirations for other waste and recycling transactions.

By Cole Rosengren • July 13, 2022

Red River Waste bankruptcy sale moves closer to finalization

Upcoming hearings — with input from numerous creditors — aim to hammer out final details of the proposed $12.6 million sale to private equity firm Platform Capital.

By Megan Quinn • July 11, 2022

Waste Eliminator becomes sizable metro Atlanta presence with new acquisitions

Two newly announced transactions in the region add recycling, transfer and disposal capacity for multiple streams. This is part of plans by Allied Industrial Partners to invest $150 million into the business.

By Cole Rosengren • July 7, 2022

Red River bankruptcy proceedings continue as GFL Environmental takes over Fort Wayne contract

The Texas-based company is in talks to be acquired by a private equity firm. Meanwhile, the Indiana city is cutting ties with Red River after months of service issues that have also been seen in Nashville and elsewhere.

By Cole Rosengren • July 1, 2022