Mergers and Acquisitions: Page 13


  • Trash truck tipping waste onto the floor of an industrial transfer building
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    Permission granted by WIN Waste Innovations
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    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 Updated July 28, 2022
  • Waste Management CNG truck fueling
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    Courtesy of Waste Management
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    WM 2022 earnings

    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 July 27, 2022
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    Kevin Frayer via Getty Images
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    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
  • Industrial organics recycling site located on a Vermont farm, with mountains and blue sky in the background
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    Courtesy of Vanguard Renewables
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    Q&A

    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 July 25, 2022
  • Suburban neighborhood with houses and trees in foreground, Nashville skyline background
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    Getty Images
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    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 July 22, 2022
  • 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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    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 July 21, 2022
  • Vermont landscape, with red building in foreground, digester tanks in the middle and forest/skyline in the back.
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    Courtesy of Vanguard Renewables
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    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 July 20, 2022
  • Republic Services truck tipping load of recyclables
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    Courtesy of Republic Services
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    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 Updated July 22, 2022
  • Red River Waste Solutions trucks
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    Retrieved from Red River Waste Solutions on May 04, 2017
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    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 July 18, 2022
  • Four Waste Eliminator trucks lined up in a parking lot, with sun and clouds in the background
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    Permission granted by Waste Eliminator
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    Q&A

    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 July 13, 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 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 July 11, 2022
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    Getty Images
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    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 July 7, 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 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 July 1, 2022
  • Entsorga receiving doors in Martinsburg, West Virginia
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    Courtesy of Entsorga West Virginia
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    Deep Dive

    Future of troubled Renovare unclear after West Virginia facility closure, surprise merger reversal

    The company — formerly known as BioHiTech Global — has seen its stock price plummet following financial, operational and legal issues. Former partner Entsorga sees a path forward for its shuttered showcase plant.

    By Updated July 1, 2022
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    Getty Images
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    Pay growth continued for top waste and recycling leaders in 2021 as CEO-median employee pay ratio widened

    See the latest compensation data for executives at WM, Republic Services, Waste Connections, GFL Environmental, Clean Harbors, Stericycle, Harsco and Casella Waste Systems in our annual report.

    By June 29, 2022
  • Finished compost if moved off of a conveyor belt into a pile at the Jepson Prairie Organics compost facility April 20, 2009 in Vacaville, California.
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    Getty Images
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    Deep Dive // California's organics experiment

    Expecting food waste 'tsunami,' California recyclers focus on infrastructure and end markets

    As the state rolls out universal organics collection, major companies such as Agromin, Anaergia, GreenWaste Recovery, Recology, Republic Services and WM are expanding to meet demand. Learn more in Part 2 of our series.

    By June 9, 2022
  • A tractor dumps organic material onto a large pile of organic material.
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    Justin Sullivan via Getty Images
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    California’s high-stakes experiment to cut organic waste disposal 75% by 2025

    Waste companies and local governments in the state are making massive investments and operational changes to meet the demands of SB 1383. Explore the implications with our ongoing series.

    Updated Nov. 14, 2022
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    Photo Illustration: Matthew Karmel; Industry Dive

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    Q&A // Environmental justice conversations

    How New Jersey’s environmental justice law is beginning to affect operators around the country

    Environmental lawyer Matthew Karmel offers insight on the law's newly-released draft rule language, plus M&A considerations and tips for navigating EJ risk assessments in any state.

    By June 7, 2022
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    Justin Sullivan via Getty Images
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    Deep Dive // California's organics experiment

    Ambitious policy makes California a crucible for investments in organics collection and recycling

    SB 1383, a sweeping law that calls for a 75% reduction in organic waste disposal by 2025 to reduce methane emissions, has spurred a flurry of activity. Is the state's current infrastructure ready to meet the moment? 

    By June 3, 2022
  • Goode Companies Inc. collection truck
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    Permission granted by GCI
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    Q&A

    Willie Goode, founder of multiple DC-area waste companies, reflects on 30 years in business

    After starting out on the back of a truck, the CEO of Maryland-based Goode Cos. has since grown a multi-company portfolio. He reflects on what it took to get there, a tough contract experience in Florida and what's next.

    By May 23, 2022
  • Waste Connections and GFL Environmental trucks outside of the Las Vegas Convention Center at WasteExpo 2022.
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    Megan Quinn/Waste Dive
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    WasteExpo 2022

    How top waste companies are competing around M&A, recycling, inflation and labor

    Hear what executives from Casella Waste Systems, Coastal Waste & Recycling, LRS, Republic Services, USA Hauling & Recycling, Waste Connections and others had to say about key trends at WasteExpo.

    By May 18, 2022
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    Permission granted by LRS
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    Sponsored by LRS

    Wanted: Established, independent family-owned waste, recycling and portables providers to extend legacies and disrupt the status quo

    Achieving exponential growth organically and through acquisition, LRS remains hungry for continued expansion, and in attracting successful, family-owned businesses in search of continuing their legacy with LRS.

    May 9, 2022
  • Republic Services collection truck
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    Courtesy of Republic Services
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    RSG 2022 earnings

    Republic Services plugs US Ecology-driven expansion, Archaea RNG deal

    After finalizing the $2.2 billion US Ecology acquisition, Republic said it has another $400 million worth of solid waste and recycling deals "in the advanced stages of closing" and is eyeing tuck-ins in environmental solutions.

    By May 6, 2022
  • GFL Environmental truck at Waste Expo
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    Cole Rosengren/Waste Dive
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    GFL 2022 earnings

    GFL Environmental's momentum continues with 21 deals, further potential to recover fuel costs

    Following the Sprint purchase, executives anticipate further M&A opportunities. They were also optimistic in an earnings call about further potential from recovering Canadian volumes, price increases and lower labor turnover.

    By May 5, 2022
  • Waste Connections truck in Brooklyn, NY
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    Cole Rosengren/Waste Dive
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    WCN 2022 earnings

    Waste Connections touts $175M in Q1 acquisitions, 'robust pipeline' for 2022

    The company discussed a strong start to the year due in part to solid waste pricing and revenues from its resource recovery sector, but inflation and labor challenges remain.

    By May 4, 2022