The most recent updates to this tracker are:
- Synagro acquired Illinois-based Dahm Enterprises, a provider of biosolids management services for wastewater treatment facilities in the broader region.
- Northeast Recycling recently acquired Massachusetts-based Mass Green Disposal Services, a commercial and residential C&D hauler. Northeast Recycling is a portfolio company of ReSource Waste Services, which describes itself as the largest C&D processor in New England and is backed by the investment firm GCM Grosvenor.
- FCC Environmental Services acquired the South Broward Waste-to-Energy Facility from Win Waste Innovations in Fort Lauderdale, Florida. The facility is capable of processing an estimated 2,250 tons of waste per day.
- Veolia North America recently acquired three hazardous and non-hazardous waste businesses in the U.S. The largest was California-based Ingenium, which operates eight transfer facilities and an estimated 50 vehicles across multiple states. VNA also purchased Massachusetts-based New England MedWaste, which operates the state’s only permitted medical waste facility, and hazardous waste company New England Disposal Technologies.
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 $10.9 billion in 2024, $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.
