The most recent update to this tracker is:
- GFL Environmental acquired Georgia-based Riverline Transfer, which operates a C&D transfer station in Mableton in the Atlanta metro area.
- Closed Loop Private Equity acquired Maine-based AgriCycle, a provider of organics collection service for 850 commercial and industrial clients in 14 states. This follows Closed Loop’s recent purchase of other New England assets such as Quantum Organics.
- E360S acquired British Columbia-based Rupert Disposal, a provider of commercial and roll-off collection services in the province’s Prince Rupert region. E360S is a portfolio company of BlackRock.
- American AF Dumpsters acquired fellow Texas-based company Live Oak Dumpsters, a provider of roll-off services. American AF said this now makes it “among the largest hook-lift operators” in the Dallas-Fort Worth metroplex.
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.
