Mergers and Acquisitions: Page 12


  • WM to acquire majority stake in plastic film recycling business Natura PCR from Avangard

    North America’s largest MRF operator intends to focus on recycling commercial films and shrink wraps, with a goal of producing 400 million pounds of PCR per year. This follows its investment in mixed plastics recycler Continuus Materials.

    By Sept. 13, 2022
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    Courtesy of Total Reclaim
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    Total Reclaim CEO acquires majority stake after buying out convicted former owners

    Bobby Farris joined the Washington-based electronics recycler as CEO in 2019. This transaction marks the official exit of former leaders who were convicted on federal fraud charges.

    By Sept. 12, 2022
  • Republic Services collection truck
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    Courtesy of Republic Services
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    Republic Services expands Colorado footprint with two hauling acquisitions

    The purchases of Monument Waste Services and Rocky Mountain Sanitation give the company a larger presence in the state’s Western Slope region. One company also operates a newer landfill in that market.

    By Sept. 8, 2022
  • Waste Connections truck on display at WasteExpo 2022
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    Maria Rachal/Waste Dive
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    Waste Connections purchases A.J. Blosenski, one of Pennsylvania’s largest independent haulers

    The multigenerational company has a large collection fleet, a rail-served C&D transfer facility and a dual-stream MRF. The transaction is seen as a logical expansion following Waste Connections’ purchase of Penn Waste.

    By Sept. 7, 2022
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    Courtesy of Waste Management
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    WM buys central Virginia hauler and recycler in latest sign of M&A return

    Green Earth, a company based in Harrisonburg that offers collection services and container rentals throughout the Shenandoah Valley, announced its sale in a letter to customers.

    By Sept. 2, 2022
  • Waste Management CNG trucks in parking lot
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    Courtesy of Waste Management
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    WM acquires Ray’s Trash, the largest private hauler in the Indianapolis area

    Ray’s, a family-run business since 1965, comes with hundreds of trucks and multiple transfer or recycling facilities. This is the first larger acquisition for WM since it bought Advanced Disposal Services in 2020.

    By Sept. 1, 2022
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    Permission granted by Pro Disposal
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    ‘Like holding a bronco back’: Pro Disposal charts a path for controlled growth in South Carolina

    President Alex Cano and investors explained how a new disposal acquisition sets the company up for further growth in the Charleston, South Carolina, to Savannah, Georgia, corridor.

    By Sept. 1, 2022
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    Permission granted by LRS
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    Q&A

    LRS CEO outlines how M&A and sustainability are creating a Midwest powerhouse

    One year into Macquarie’s ownership of LRS, CEO Alan Handley shared what’s next for the company’s expansion, talked plans to hit a $600 million revenue run rate, previewed a new Chicago MRF and more.

    By Aug. 30, 2022
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    Getty Images
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    Waste Connections acquiring 3 franchise haulers around San Jose, California

    The newly confirmed transactions involving haulers that service San Jose, Milpitas and Livermore, California, all come with long-term municipal contracts that fit the company’s acquisition strategy.

    By Updated Aug. 25, 2022
  • Two workers in orange shirts and yellow hard hats collect recyclables to throw into a truck, in front of a pizza restaurant in New York City
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    Courtesy of Boro-Wide Recycling
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    Deep Dive // NYC commercial waste reform

    New York commercial waste haulers hold their breath after submitting bids for 10-year contracts

    Bids are in to operate in the Department of Sanitation’s upcoming commercial waste zone system. Haulers of all sizes are waiting to learn their fates while operating under lingering pandemic and inflationary pressures.

    By Aug. 24, 2022
  • Red River Waste Solutions trucks
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    Retrieved from Red River Waste Solutions on May 04, 2017
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    Red River Waste sold to private equity firm for $12.6M

    The sale’s finalization marks the end of a long-running bankruptcy case and bid process for the Texas-based company that experienced service issues in multiple cities over recent months.

    By Aug. 22, 2022
  • Two men in focus, sitting at a long table testifying to Congress with microphones in front of them.
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    Kevin Dietsch via Getty Images
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    Where the Teamsters are looking to grow their ranks in waste and recycling

    General President Sean O’Brien’s “militant” approach is reportedly influencing discussions with employers and members alike as the waste industry’s biggest union looks to expand its reach.

    By Aug. 18, 2022
  • Industrial building with numerous pipes and components for processing biogas
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    Courtesy of Archaea Energy
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    Archaea talks expanding RNG venture with Republic, significant implications of new federal tax credits

    During a Tuesday earnings call, executives discussed their growing joint venture with Republic Services and newly attractive carbon sequestration and hydrogen projects supported by the Inflation Reduction Act.

    By Aug. 17, 2022
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    Getty Images
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    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 Aug. 16, 2022
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    Courtesy of WIN Waste Innovations
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    Q&A

    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 Aug. 11, 2022
  • Compost, recycling and garbage carts set outside of the home on the curb for residential garbage and recycling pickup.
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    Getty Images
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    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 Aug. 10, 2022
  • Black trash bin next to blue recycling bin, which has lid propped open
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    Getty Images
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    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 , , Aug. 8, 2022
  • A Republic Services truck and dumpster.
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    Courtesy of Republic Services
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    RSG 2022 earnings

    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 Aug. 5, 2022
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    Getty Images
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    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
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    Spencer Platt via Getty Images
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    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 , Updated Aug. 5, 2022
  • A Waste Connections collection truck is parked in front of the Las Vegas Convention Center
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    Megan Quinn/Waste Dive
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    WCN 2022 earnings

    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 Aug. 3, 2022
  • Clean Harbors worker in yellow hazmat suit and oxygen mask
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    Justin Sullivan via Getty Images
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    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 Aug. 3, 2022
  • Man in suit standing in office, with statue of horse jockey and Rubicon logo to the side
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    Jon Cherry via Getty Images
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    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 Updated Aug. 3, 2022
  • Casella collection truck
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    Courtesy of Casella Waste Systems
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    CWST 2022 earnings

    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 Aug. 1, 2022
  • GFL Environmental truck on display at WasteExpo 2022
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    Maria Rachal/Waste Dive
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    GFL 2022 earnings

    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 July 28, 2022