Mergers and Acquisitions: Page 9


  • 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
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    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
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    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
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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
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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
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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
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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
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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
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    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
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    Permission granted by Waste Harmonics
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    Q&A

    Waste Harmonics CEO sees company at an ‘inflection point’ as it grows with latest acquisition

    The company, which provides third-party services and tech offerings, is pacing ahead of growth targets set during a private equity recapitalization as ESG drives customers to want more data, says CEO Michael Hess.

    By Feb. 24, 2023
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    Courtesy of Casella Waste Systems
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    CWST 2022 earnings

    Casella previews ‘robust’ year of pricing to offset inflation; notes more acquisitions ahead

    The Vermont-based company reported favorable Q4 results. Executives also previewed upcoming RNG projects, investment in a rail-served landfill and further growth through acquisitions.

    By Feb. 17, 2023
  • Row of black garbage bags on sidewalk
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    Getty Images
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    Q4 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, Stericycle and Rubicon as they close out 2022 reports and give guidance for 2023.

    Updated March 9, 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 2022 earnings

    Waste Connections ends 2022 favorably despite headwinds; spent $2.3B on acquisitions

    Waste Connections executives expect a strong start to 2023 due to anticipated acquisitions activity, as well as minor improvements in recycled commodity and energy credit values.

    By Feb. 16, 2023
  • Republic Services truck tipping load of recyclables
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    Courtesy of Republic Services
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    RSG 2022 earnings

    Republic says it’s ready for any economy; M&A remains a priority after spending $2.7B in 2022

    Executives said they anticipate growing revenue potential from the company’s environmental solutions division. The company also previewed upcoming plastic recycling center investments and acquisition plans.

    By Feb. 16, 2023
  • Man using reverse vending machine sports stadium
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    Courtesy of Inter Miami CF
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    RTS acquires Cycle in effort to broaden reverse vending systems at sports stadiums and events

    Recycle Track Systems will offer Cycle’s RVMs as part of its expanding stadium and recycling rewards business. The companies recently debuted a new machine at the Super Bowl.

    By Feb. 15, 2023
  • Screenshot of three people speaking from a webinar
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    Waste Dive/Waste Dive
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    Waste and recycling industry leaders discuss the operational impact of corporate ESG trends

    LRS CEO Alan Handley and Vanguard Renewables Chief Sustainability Officer David Darr recently joined Waste Dive for a live discussion about investment trends, sustainability reporting, customer expectations and more.

    By Waste Dive Staff • Feb. 15, 2023
  • Interior of industrial production facility
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    Courtesy of Sonoco
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    Sonoco reports ‘pivotal year’ of growth driven by consumer packaging demand and M&A

    During a recent earnings call, CEO Howard Coker touted the importance of the company’s metal packaging acquisition — its largest ever — and why he thinks it “feels like we are in a recession.” 

    By Feb. 13, 2023
  • BP logo with sun symbol
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    Leon Neal via Getty Images
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    BP CEO describes Archaea acquisition as a ‘game changer’ for boosting biogas volumes

    In their first earnings call since completing the purchase of a leading landfill gas project developer, BP executives outlined plans to ramp up capital spending and pursue new offtake options for the Archaea platform.

    By Feb. 8, 2023
  • Semi-truck in a field
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    Retrieved from Facebook on February 07, 2023
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    Denali Water Solutions promotes Todd Mathes to CEO

    The fast-growing organics recycler's founder and previous CEO, Andy McNeill, will focus on long-term strategy and acquisitions as the private equity-backed company continues to expand.

    By Feb. 7, 2023