Casella acquires longtime Boston recycler Save That Stuff

Save That Stuff, founded in 1990, comes with a collection fleet and a recycling facility. The company exited a joint venture arrangement to service Boston’s curbside organics program ahead of the transaction.

By Cole Rosengren • Feb. 4, 2025

The waste and recycling industry outlook for 2025

EPR implementation, organics requirements, bottle bill updates, PFAS regulation, federal tax credits and M&A are all expected to be key topics for the year ahead.

By Waste Dive Staff • Jan. 31, 2025

WM reports margin milestones for Q4, focuses on Stericycle integration in 2025

WM expects synergies from the Stericycle deal to be about $250 million over a three-year period, with about $100 million of that in 2025. It also expects to complete more RNG facilities this year.

By Megan Quinn • Jan. 30, 2025

Triumvirate Environmental confirms private equity investment

Berkshire Partners’ investment values the Massachusetts-based environmental services company at $1.8 billion and marks the latest example of growing interest in the sector. 

By Cole Rosengren • Updated Feb. 4, 2025

RTS raises $40M, sues investor K1 over alleged takeover plan

The waste broker and tech company’s latest funding round, led by Edison Partners, is described as a way to keep growing the business. It comes days after a lawsuit alleging interference by K1 Investment Management.

By Jacob Wallace , Cole Rosengren • Updated Jan. 24, 2025

Stericycle to pay $9.5M penalty for RCRA violations by former hazardous waste business

The U.S. EPA and DOJ said Stericycle lost track of hazardous waste shipments or failed to document them for years, until the business unit was sold in 2020. It could be one of the largest civil penalties ever paid for RCRA violations.

By Megan Quinn • Jan. 21, 2025

5 issues likely to shape the waste and recycling industry in 2025

Plans for the second Trump administration, state EPR implementation, climate policy and PFAS regulation are evolving, as is landfill monitoring technology. Here’s how each could affect the industry in 2025.

By Jacob Wallace , Megan Quinn , Cole Rosengren • Jan. 9, 2025

GFL CEO intends to kick-start solid waste M&A spending in ‘2025 and beyond’

The company had slowed its M&A spending to focus on reducing debt, but CEO Patrick Dovigi said during an investor call that the pending sale of a stake in its environmental services business will change that.

By Cole Rosengren • Jan. 7, 2025

GFL selling environmental services division to Apollo, BC Partners for $5.6B

GFL will retain a 44% stake in the division, with the option to repurchase within five years. The news marks a turning point in the company’s effort to reduce its debt leverage.

By Jacob Wallace • Jan. 7, 2025

Waste Pro CEO previews another busy M&A year following $140M in 2024

CEO Sean Jennings said the pipeline of potential deals is strong following a year of 15 acquisitions. He also discussed ongoing efforts to increase the share of revenue from open market and post-collection business.

By Cole Rosengren • Jan. 6, 2025

By the numbers: 2024 waste and recycling trends

Reflect on the year through key data points about labor, the economy, M&A, federal and state policy, recycling trends and more.

By Megan Quinn , Cole Rosengren , Jacob Wallace • Dec. 20, 2024

Rubicon names new CFO and board members, hints at pending sale

Rubicon’s new CFO, Eric Bauer, comes from Circulus, where a Rubicon board member serves as CEO. The company also sold $20 million in preferred equity to Rodina Capital, an entity affiliated with Rubicon’s majority shareholder.

By Jacob Wallace • Updated Dec. 13, 2024

Major waste companies spent $1.45B on Q3 M&A, up from modest Q2

Waste Connections spent the most in Q3 and is on track for an annual company record in 2024, while North American industry peers reported plans to focus on tuck-ins or ease off major spending.

By Megan Quinn , Jacob Wallace • Nov. 11, 2024

GFL forecasts at least $4.3B from environmental services sale, announces new COO

The estimated proceeds are tracking ahead of initial projections. The pending sale will free up opportunities for solid waste M&A, executives said.

By Jacob Wallace • Nov. 7, 2024

WM completes $7.2B Stericycle deal, takes leading position in medical waste market

Stericycle’s medical and document destruction assets now reside under WM's Healthcare Solutions division. While WM tried to grow in this market under prior leadership, it often ran into stiff competition from Stericycle.

By Cole Rosengren , Megan Quinn • Nov. 4, 2024

Stericycle reports steady Q3 results, receives final regulatory approval for WM sale

Stericycle reported “revenue challenges” with some customers, as well as hurricane effects, in its latest results. The company also disclosed the price of its pending asset sale to Urbaser in Spain and Portugal.

By Cole Rosengren • Nov. 1, 2024

Casella reports ‘mixed’ quarter with notable revenue but unexpected expenses

The company reported over $400 million in revenue for the quarter, which was a first. But unexpected insurance and landfill closure payments, as well as lower landfill tonnage, caused headwinds.

By Megan Quinn • Oct. 31, 2024

Rail business drags on Enviri’s Q3, while Clean Earth remains strong

The company’s rail business continued to drag on cash flow, but CEO Nick Grasberger said he expects that segment to turn around by the end of next year. 

By Jacob Wallace • Oct. 31, 2024

Q3 earnings results for major waste and recycling companies in 2024

Follow the latest results from WM, Republic Services, Waste Connections, GFL Environmental, Casella, Clean Harbors and Enviri.

By Waste Dive Staff • Updated Nov. 12, 2024

Republic Services reports continued pricing growth, advancements on RNG and EV plans

The company reported capital expenditures were on pace for polymer centers, renewable natural gas facilities and electric trucks. Executives also discussed ongoing efforts to push pricing in the environmental solutions segment.

By Jacob Wallace • Oct. 30, 2024

WM reports strong Q3, says Stericycle synergies estimate was ‘conservative’

WM noted solid collection and disposal activity, higher commodity prices and continued RNG and recycling project completion during Q3. It’s on track to complete its acquisition of Stericycle in Q4.

By Megan Quinn • Oct. 29, 2024

Coastal Waste buys Florida’s Southwest Waste in notable C&D deal

This is the largest transaction to date for Macquarie-backed Coastal. Southwest, founded by Charles Lomangino in 2021, operates multiple facilities throughout western Florida.

By Cole Rosengren • Oct. 28, 2024

Waste Connections reports record M&A activity, sees good momentum into 2025

CEO Ron Mittelstaedt confirmed the company expects to close between 30 to 35 deals this year, with $700 million in revenue acquired so far. Waste Connections also raised its 2024 guidance and previewed 2025.

By Megan Quinn • Oct. 24, 2024

Urbaser to acquire Stericycle’s assets in Spain, Portugal

The deal comes as WM is still set to acquire Stericycle in the coming months. A Canadian antitrust review is still pending.

By Megan Quinn • Oct. 14, 2024

NYC market continues to consolidate, leading to new questions for waste zone system

Waste Connections’ purchase of a fellow awardee has left potential openings for competitors after it exceeded a 15-zone threshold. Meanwhile, Interstate Waste is buying up haulers, and others could become subcontractors.

By Cole Rosengren • Oct. 7, 2024