The most recent updates to this tracker are:
- Circular Services acquired Alabama-based Waste Recycling, a provider of commercial and industrial recycling services for clients such as automotive manufacturers. WRI, founded in 1943, currently operates four facilities in Montgomery, Anniston, Tuscaloosa and Opelika. The company also runs 40 trucks and 300 trailers throughout the Southeast, according to its website. Circular Services is a portfolio company of Closed Loop Partners.
- VLS Environmental Solutions acquired California-based Samex Environmental, a provider of hazardous waste fuel blending and recycling services with collection and processing operations in San Diego and Tijuana, Mexico. VLS is a portfolio company of investment firm I Squared Capital.
- Fuzion Field Services acquired Colorado-based Reliable Roll-Off Waste Systems, a commercial and industrial hauler in the Denver area.
- Interstate Waste Services acquired New Jersey-based Pinto Service and National Transport. The family-owned operations provide collection through a fleet of over 40 vehicles along with transfer station operations. “After over 30 years of friendship with the Pinto family, we’re honored to welcome them to the IWS family and remain dedicated to maintaining the high level of service their customers have relied on for generations,” said IWS CEO Mike DiBella in a statement. IWS is backed by the private equity group of Ares Management and Littlejohn & Co.
The waste and recycling industry's M&A activity has neared historic levels in recent years.
Collective M&A spending by the U.S. solid waste industry's publicly traded companies approached an estimated $4.2 billion in 2023 and $6.3 billion in 2022. This total does not include deals involving companies with private equity or infrastructure fund backing, which have become increasingly active in recent years.
This tracker’s lists for 2021-2023 focused on deals executed by companies that primarily provide municipal solid waste or recycling services in the United States. As of 2024, our list also includes environmental services transactions and all deals in Canada. Transactions involving significant investments, including minority stakes, may also be included.
We list acquirers or lead investors in alphabetical order by their parent company or common operating name, which may differ from the specific legal entities involved in the acquisitions. Please send feedback or tips to waste.dive.editors@industrydive.com.
