Mergers and Acquisitions


  • A truck with a dumpster on its back and the Agri-Cycle logo on its cab is parked in a parking lot.
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    Permission granted by Closed Loop Partners
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    Closed Loop acquires Agri-Cycle, expanding organics reach

    Agri-Cycle provides collection services to customers across 14 states in the Northeast. With the deal, Closed Loop Partners’ private equity arm looks to aggressively grow its organics portfolio.

    By Aug. 20, 2025
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    Permission granted by GreenWaste
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    Q&A

    GreenWaste’s new CEO eyes M&A, California facility expansion for growth

    GreenWaste appointed former COO Clete Elms to permanently serve as CEO of the private equity-backed company. He brings experience leading Australian waste firms and a focus on sustainability.

    By Aug. 11, 2025
  • The GFL Environmental logo decal on the door of a large garbage truck
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    Jacob Wallace/Waste Dive
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    GFL’s infrastructure spinoff nets deal valuing business at nearly $3.1B

    A transaction announced Thursday with Energy Capital Partners marks a significant milestone following the 2022 spinoff. GFL will receive a cash infusion through its minority stake.

    By Aug. 7, 2025
  • Harsco employee
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    Permission granted by Clean Earth/Harsco Corporation
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    Enviri considering sale of Clean Earth business

    The publicly traded environmental services company is examining all its options to boost value, but has not committed to a timeline for a potential sale.  

    By Aug. 5, 2025
  • Exterior of the New Mexico state capitol building, which is stucco and prominently features the state seal.
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    zrfphoto via Getty Images
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    Enviros target clean fuel programs, plus RNG news from Republic, Sagepoint and more

    In California and New Mexico, environmental groups are ramping up their efforts to slash the strong carbon intensity scores that farm biogas receives through clean fuels programs.

    By Aug. 5, 2025
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    Scott Olson via Getty Images
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    Major waste companies spent $659M on M&A in Q2

    Companies spent significantly less on M&A than in Q1. WM acquired WB Waste in D.C., while Republic, Waste Connections, GFL and Casella focused on smaller tuck-ins or regional deals.

    By , Aug. 4, 2025
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    Megan Quinn/Waste Dive
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    Casella raises revenue guidance, previews West Virginia growth plans

    Executives noted stable performance in the Northeast and anticipated annualized revenues from acquisitions, but pointed out headwinds from labor costs and truck delays in the mid-Atlantic. 

    By Aug. 1, 2025
  • The exterior of a garbage truck with the GFL Environmental logo
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    Jacob Wallace/Waste Dive
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    GFL down to 2 bidders for sale of stake in infrastructure business, boosts guidance

    CEO Patrick Dovigi confirmed that the company is rapidly nearing a deal to sell a stake in its privately held Green Infrastructure Partners business. GFL posted growth that beat expectations in the second quarter.

    By July 31, 2025
  • Rear view of a waste truck, with the word caution on its body, collecting a cart in a residential area
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    xphotoz via Getty Images
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    Q2 earnings results for major waste and recycling companies in 2025

    Follow the latest results from WM, Republic Services, Waste Connections, GFL Environmental, Casella, Enviri and Clean Harbors.

    By Waste Dive Staff • Updated Aug. 5, 2025
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    Megan Quinn/Waste Dive
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    WM decreases 2025 revenue guidance but logs strong quarter

    The company reported revenue gains for the quarter, fueled largely by internal growth in the collection and disposal business and the ongoing integration of Stericycle. Commodity prices weighed on the outlook.

    By July 29, 2025
  • Waste Connections truck on display at WasteExpo 2022
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    Maria Rachal/Waste Dive
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    Waste Connections reports positive earnings for Q2 amid economic headwinds

    Waste Connections reported higher-than-expected revenues for Q2, but tariff and economic uncertainty prompted the company to stick with its original full-year guidance instead of raising expectations for the rest of the year.

    By July 24, 2025
  • A trash truck leaves a material recovery facility.
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    Megan Quinn/Waste Dive
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    Casella Waste acquiring Mountain State Waste in West Virginia

    The acquisition, representing about $30 million in annualized revenue, opens the door for Casella to operate in new regions of West Virginia, Ohio and Kentucky while expanding its Pennsylvania footprint. 

    By July 14, 2025
  • A group of people stand in a Boston office space, with the Veolia logo on a green wall to the left
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    Cole Rosengren/Waste Dive
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    Veolia closes $350M in acquisitions as North America CEO departs

    Recent transactions include the purchase of California-based Ingenium, as well buying the only permitted medical waste facility in Massachusetts. VNA is reviewing over a dozen more possible deals, some set to close soon.

    By June 27, 2025
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    WM/Waste Dive, data from Screenshot
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    WM projects up to $29B revenue in 2027, driven by recycling and RNG

    Executives announced new long-term earnings targets across its business segments and offered updates on plans for healthcare waste, employee retention and landfill capacity.

    By June 25, 2025
  • Four people wearing construction vests and hats cut the ribbon in front of a small Waga Energy industrial facility with tanks and pipes on a breezy day.
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    Permission granted by Waga Energy
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    EQT could acquire majority stake in landfill RNG company Waga Energy

    EQT has entered negotiations with the intention of taking Waga private. The firm says the investment is key to accelerating Waga’s position in the global renewable natural gas market.

    By June 6, 2025
  • The GFL Environmental logo decal on the door of a large garbage truck
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    Jacob Wallace/Waste Dive
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    GFL Environmental Services acquires OSI, one of first deals since spin-off

    OSI offers hazardous and non-hazardous waste services across several states. GFL executives have said they expect the newly spun off environmental services division to be aggressive on acquisitions. 

    By June 3, 2025
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    viavado via Getty Images
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    3 tips for selling waste businesses in 2025: WasteExpo

    Keeping up with maintenance and finances long before deal discussions begin can lead to more successful outcomes, said WasteExpo speakers from Kinderhook, WM, Wastequip and others.

    By May 15, 2025
  • People stand around a promotional booth featuring material for Waste Harmonics Keter in an exposition hall.
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    Permission granted by Waste Harmonics Keter
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    Waste Harmonics Keter looks for growth opportunities after merger

    Chief Commercial Officer Stephen Mohan outlined plans for the combined waste brokers to scale, including potential M&A. The company recently cut staffing at a New York office as part of the integration process.

    By May 8, 2025
  • A WB Waste Solutions truck driving in Virginia
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    Gabriel Langton. Retrieved from Flickr.
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    WM acquires DC-area WB Waste Solutions

    The private, Maryland-based operation was formed by industry veterans Willie K. Goode and Bruce Bates. It includes a range of commercial and industrial hauling and post-collection assets.

    By , May 7, 2025
  • Republic Services truck tipping load of recyclables
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    Courtesy of Republic Services
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    Top 5 waste companies spent nearly $1.5B on M&A in Q1

    Republic Services’ purchase of Shamrock Environmental led spending for the quarter. Other notable deals include Waste Connections’ purchase of Atlantic Coast Recycling in New Jersey.

    By May 7, 2025
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    Courtesy of Casella Waste Systems
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    Casella notes positive Q1, recycling efficiencies and insulation from tariffs

    Casella also noted four acquisitions so far in 2025 and plans to continue internalizing more landfill tons and updating fleets.

    By May 2, 2025
  • Republic Services collection truck driving
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    Courtesy of Republic Services
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    Republic Services acquires pair of private haulers in Wisconsin

    The purchase of Town & Country Sanitation and Peterson Sanitation caps off decades of private ownership. The transaction is part of Republic’s intention to spend at least $1 billion on M&A this year.

    By May 1, 2025
  • GFL Environmental truck on display at WasteExpo 2022
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    Maria Rachal/Waste Dive
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    GFL plans to build on existing post-collection asset footprint amid M&A push

    Executives said the company is on track to meet or exceed the high end of their acquisitions guidance this year, fueled by proceeds from the sale of GFL’s environmental services business.

    By May 1, 2025
  • Waste Management trucks passing each other in Somerville, Massachusetts
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    Cole Rosengren/Waste Dive
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    Q1 earnings results for major waste and recycling companies in 2025

    Follow the latest results from WM, Republic Services, Waste Connections, GFL Environmental, Casella Waste Systems and Clean Harbors.

    By Waste Dive Staff • Updated May 7, 2025
  • Waste Management CNG trucks in parking lot
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    Courtesy of Waste Management
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    WM says tariffs unlikely to affect RNG, MRF plans for 2025

    CEO Jim Fish said the quarter exceeded expectations, despite severe weather. The company also reported ongoing progress as it integrates the Stericycle assets.

    By April 29, 2025