The most recent updates to this tracker are:

  • 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.
  • E360S acquired Quebec-based Leblanc Environmental, a 20-year provider of waste collection services for industrial and maritime customers. The company also recently acquired collection operations in the Alberta region — covering areas such as Bonnyville, Lac La Biche, Lloydminster and Wainright from “a leading provider of waste management services in North America.” A prior version of the company’s post indicated the seller was WM. E360S is a portfolio company of BlackRock.
  • Reworld acquired Connecticut-based Red Technologies, an environmental services and remediation company that services the Northeast. RedTech operates a rail-served transfer station for profiled waste, along with a fleet of 36 railcars and over 100 vehicles or pieces of equipment. It handles an estimated 300,000 tons of hazardous and non-hazardous material per year. Reworld is a portfolio company of EQT Infrastructure.

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.

2025 U.S. and Canada waste and recycling M&A

List of mergers and acquisitions in the solid waste, recycling and environmental services sectors

2024 U.S. and Canada waste and recycling M&A

List of mergers and acquisitions in the solid waste, recycling and environmental services sectors

2023 US waste and recycling M&A

List of mergers and acquisitions in the U.S. solid waste and recycling industry

2022 US waste and recycling M&A

List of mergers and acquisitions in the U.S. solid waste and recycling industry

2021 US waste and recycling M&A

List of mergers and acquisitions in the U.S. solid waste and recycling industry