The most recent update to this tracker is:
- GFL Environmental acquired X-Waste, a New Jersey hauler providing residential, commercial and roll-off dumpster services.
- Private equity-backed Interstate Waste Services acquired Seaside Waste Services, expanding its footprint in central and southern New Jersey. Seaside provides residential and commercial hauling services with a fleet of more than 40 vehicles, and its assets, services and employees will be integrated into IWS.
- Paladin EnviroTech, a new IT asset disposition provider launched by private equity firm SER Capital Partners, made two acquisitions to establish its presence in the space. Paladin acquired TechSmart International in Florida and Integrated Recycling Technologies in Minnesota.
- LRS has acquired Indiana-based GHW Waste Services, a move to expand LRS’s footprint in Indianapolis. GHW provides commercial and industrial waste services in the Indianapolis metro area, including dumpster services for construction projects. The existing GHW team and service model will remain in place, LRS said.
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.
