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

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 Cole Rosengren • Updated July 1, 2022

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 Cole Rosengren • June 29, 2022

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

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 Cole Rosengren • June 9, 2022

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 Megan Quinn • June 7, 2022

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 Cole Rosengren • June 3, 2022

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 Cole Rosengren • May 23, 2022