Mergers and Acquisitions: Page 8


  • Signs of old waste industry companies
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    Permission granted by Anthony Ricchio
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    Industry veteran launches Waste Industry Historical Society to capture decades of knowledge

    Anthony Ricchio, a longtime driver and current equipment specialist, grew up collecting waste phone book ads and toy trucks. Now, he hopes a new museum in Iowa can motivate others to share their own collections.

    By June 5, 2023
  • A demonstration hauler with GFL's logo outside a conference center
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    Jacob Wallace/Waste Dive
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    GFL closes sale of Colorado assets to Republic; its Casella divestiture gets DOJ approval

    GFL Environmental expects to complete its broader divestiture campaign by the end of June, netting gross proceeds of about $1.6 million (Canadian). This specific package covers Denver and other key Colorado markets.

    By June 5, 2023
  • Two trucks travel on a road, as shown by a vehicle in a left lane.
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    vitpho via Getty Images
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    Private equity firms announce waste transfer and environmental services deals in Georgia and Texas

    Bulk Express Transport, backed by Alterna Equity Partners, purchased Attaway Hauling. Separately, Allied Industrial Partners acquired a stake in Mat Tech Industrial Services.

    By June 1, 2023
  • Landfill in south San Francisco bay area, San Jose, California
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    Sundry Photography via Getty Images
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    US waste and recycling industry worth $91B in 2022, landfill capacity consolidation continues

    The latest Waste Business Journal data shows growing revenue and disposal prices, along with an ongoing decline of municipal market share. WM now accounts for more disposal volume than all local governments combined.

    By May 19, 2023
  • Green GFL Environmental truck
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    Jacob Wallace/Waste Dive
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    GFL Environmental’s sale of Colorado assets to Republic Services is pending

    This large piece of GFL’s $1.6 billion (Canadian) divestiture package includes post-collection, recycling and hauling assets in key markets such as Denver and Colorado Springs.

    By May 11, 2023
  • Clean Harbors at household hazardous waste collection event in Abington, Pennsylvania.
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    The image by Montgomery County Planning Commission is licensed under CC BY-SA 2.0
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    Clean Harbors says disposal demand and $110M Thompson Industries deal position it well for 2023

    The company touted strong performance in its Environmental Services segment, high disposal demand and improving incinerator utilization, which it hopes will even out cost pressures in the more challenged Safety Kleen sector.

    By May 5, 2023
  • Driveway into an industrial plant with a smokestack
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    The image by Antony-22 is licensed under CC BY-SA 4.0
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    Q&A

    Covanta CEO shares environmental services and M&A outlook after sizable Circon deal

    In a recent interview, Azeez Mohammed outlined the company’s new scale and offerings after closing the deal this week. Plus, he shared an update on the serious facility fire in Miami-Dade County.

    By May 4, 2023
  • GFL Environmental truck at Waste Expo
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    Cole Rosengren/Waste Dive
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    GFL Environmental sells Nashville assets to WM as part of bigger divestiture plan

    The transaction is a small piece of a broader divestiture strategy intended to help GFL reduce debt leverage by streamlining its portfolio.

    By May 3, 2023
  • Aerial image of the H-POWER waste to energy incinerator in Honolulu, Hawaii
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    Permission granted by Honolulu Dept. of Environmental Services
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    Covanta completes deal to acquire Circon from Kinderhook

    The deal, first announced in April, is the latest expansion of Covanta’s environmental services division and one of its largest transactions in years.

    By May 1, 2023
  • Wheel of trash truck next to pile of garbage and recycling
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    welcomia via Getty Images
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    Major waste companies spent an estimated $563M on Q1 acquisitions, with more to come this year

    Catch up on the latest deal totals and 2023 outlooks from WM, Republic Services, Waste Connections, GFL Environmental and Casella Waste Systems.

    By May 1, 2023
  • Casella collection truck
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    Courtesy of Casella Waste Systems
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    CWST 2023 earnings

    Casella sees ‘significant’ Mid-Atlantic expansion opportunities after GFL deal

    Casella offered more details on its pending acquisition of GFL assets in three new states, including plans to internalize volumes at its forthcoming McKean Landfill site in Pennsylvania.

    By April 28, 2023
  • Gray and green garbage cans overfilled with domestic refuse
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    Miravision via Getty Images
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    Q1 earnings results for major waste and recycling companies

    Follow the latest results from WM, Republic Services, Waste Connections, GFL Environmental, Casella Waste Systems, Clean Harbors and Rubicon as they kick off 2023 earnings.

    By Waste Dive Staff • Updated May 23, 2023
  • GFL Environmental truck at Waste Expo
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    Cole Rosengren/Waste Dive
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    GFL 2023 earnings

    GFL Environmental CEO says company is ‘just getting started’ after record pricing, divestiture plans

    Coming off a record quarter for pricing, along with positive growth in multiple lines of business, GFL touted momentum in its latest earnings report. On M&A, CEO Patrick Dovigi said he sees new opportunities for at least the next decade.

    By April 28, 2023
  • Republic Services collection truck
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    Courtesy of Republic Services
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    RSG 2023 earnings

    Republic sees growing returns from US Ecology acquisition, eyes additional M&A opportunities

    CEO Jon Vander Ark said the environmental solutions business was exceeding expectations, and he sees continued opportunity for growth through cross-selling and pricing increases.

    By April 28, 2023
  • 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 2023 earnings

    Waste Connections anticipates another busy M&A year as Mittelstaedt outlines long-term plans

    In his first report since returning as CEO, Ron Mittelstaedt shared updates on labor, inflation and M&A. Amid ongoing economic uncertainty, executives said they’ve already locked in price increases for a majority of business.

    By April 27, 2023
  • Aerial view of lighthouse along beach
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    HaizhanZheng via Getty Images
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    Deep Dive

    New York’s Brookhaven Landfill is closing soon. Is Long Island ready?

    A prime destination for incinerator ash and C&D will soon be out of capacity. Winters Bros. Waste Systems has acquired rail transfer assets with plans to build a new site and is looking to play a lead role in the region’s next chapter.

    By April 26, 2023
  • Trash truck
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    Courtesy of Casella Waste Systems
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    Casella Waste to acquire $525M worth of GFL assets in 3 states

    Pending regulatory approval, the transaction would mark a major collection expansion for the Northeastern company into a region where it had already been developing new landfill capacity.

    By April 24, 2023
  • A tanker truck with Circon Environmental branding
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    Circon Environmental

    https://www.facebook.com/CirconEnviro/photos/pb.100069691204124.-2207520000./799437920890895/?type=3

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    Covanta enters deal with Kinderhook to acquire Circon, its largest acquisition in decades

    The private equity-backed firm is adding more than 20 facilities to its portfolio, expanding its geographic reach as well as its environmental services business.

    By April 3, 2023
  • Recycle Track Systems carts
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    Permission granted by RTS
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    RTS acquires RecycleSmart, Canada’s largest waste broker

    The purchase of RecycleSmart and its Pello sensor technology is the latest in a series of deals by RTS and part of a broader trend in the broker space.

    By March 30, 2023
  • A truck dumps waste at an industrial facility.
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    Permission granted by Republic Services
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    Republic Services acquires first anaerobic digester as California organics recycling market heats up

    The facility, located about 70 miles north of Sacramento, allows the company to further vertically integrate its collection services. Republic has been scaling its infrastructure as the state mandates organics recycling.

    By March 27, 2023
  • Office building in Lexington, Kentucky
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    Jon Cherry via Getty Images
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    Q&A

    Rubicon CEO on the company’s next chapter and the challenges of going public

    Phil Rodoni, previously chief technology officer, took the helm during an eventful period for the company. He discusses Rubicon’s efforts to become profitable, grow its software business and compete in the sector.

    By March 22, 2023
  • Garbage truck with orange highlights in a parking lot
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    Retrieved from Facebook on March 20, 2023
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    CARDS Recycling acquired by private equity firm Kinderhook Industries

    The Arkansas-based hauler and transfer station operator, which was founded in 2017, has expanded to reach five states via acquisitions. An influx of private equity capital is expected to accelerate that growth.

    By March 20, 2023
  • Aerial view of compost facility with mountains in background
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    Permission granted by GreenWaste
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    Q&A

    GreenWaste CEO envisions ‘stronger presence’ for company in California following private equity investment

    Over a year after selling to a Macquarie fund, CEO Tracy Adams reports a “great partnership.” He discusses the company’s targeted acquisition strategy, the state’s SB 1383 organics recycling law and more.

    By March 16, 2023
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    Justin Sullivan via Getty Images
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    WM acquires large Minnesota composting company as part of Midwest organics recycling growth

    WM says its purchase of Specialized Environmental Technologies positions the company to meet rising demand in the Twin Cities area, where local policies are requiring diversion.

    By March 13, 2023
  • Waste container being collected
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    photovs via Getty Images
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    Major solid waste and recycling companies spent nearly $6.3B on acquisitions in 2022

    The multiyear trend of heightened deal spending continues. Catch up on financial details and 2023 M&A outlooks from WM, Republic Services, Waste Connections, GFL Environmental and Casella Waste Systems.

    By March 8, 2023