Mergers and Acquisitions


  • A Waste Connections collection truck is parked in front of the Las Vegas Convention Center
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    Megan Quinn/Waste Dive
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    Waste Connections acquires assets from Waste-Away Group

    The deal expands Waste Connections’ presence into Indiana. Waste-Away is a third-generation family business that offers collection, recycling and document destruction services in Elkhart and the surrounding areas.

    By Feb. 26, 2024
  • A garbage truck with Sanitation Service Inc., branding and a logo drives down a street in front of a blossoming tree.
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    Retrieved from Sanitation Service, Inc. on February 26, 2024
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    Rumpke expands into Illinois with acquisition of landfill and hauling company

    Sanitation Service was a family-owned operation for more than 60 years. The company cited changes in landfill liability laws and the business environment as part of its motivation to sell to Rumpke.

    By Feb. 26, 2024
  • Gray and green garbage cans overfilled with domestic refuse Explore the Trendline
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    Miravision via Getty Images
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    Trendline

    The Waste Dive Outlook on 2022

    Get up to speed on what may be coming next around M&A, labor solutions, ESG investment trends, federal regulation, state policy, environmental justice, local programs and more.

    By Waste Dive staff
  • Waste truck collecting container
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    photovs via Getty Images
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    Q4 earnings results for major waste and recycling companies

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

    By Waste Dive Staff • Feb. 23, 2024
  • Clean Harbors at household hazardous waste collection event in Abington, Pennsylvania.
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    The image by Montgomery County Planning Commission is licensed under CC BY-SA 2.0
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    Clean Harbors’ environmental services segment continues hot streak to end 2023

    The company projects another year of growth for its environmental services segment in 2024 thanks to capital investments and acquisitions. It’s also making changes to boost its struggling Safety-Kleen business.

    By Feb. 22, 2024
  • GFL Environmental truck at Waste Expo
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    Cole Rosengren/Waste Dive
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    GFL 2023 earnings

    GFL posts record solid waste pricing, sees expansion opportunities through EPR and M&A

    Continued strong pricing, combined with volume shedding of subpar contracts, contributed to margin expansion in solid waste. That trend combines with other tailwinds as GFL continues to improve its debt.

    By Feb. 21, 2024
  • Conveyor belt with plastic is sorted by machinery
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    Cole Rosengren/Waste Dive
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    CWST 2023 earnings

    Casella says acquisition activity, safety improvements marked an ‘exceptional’ year

    Casella touted a successful year from numerous acquisitions and operational improvements. Executives previewed further infrastructure upgrades at the Willimantic recycling facility, plus a $800M acquisition pipeline for 2024.

    By Feb. 16, 2024
  • Waste Connections truck on display at WasteExpo 2022
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    Maria Rachal/Waste Dive
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    WCN 2023 earnings

    Waste Connections highlights ‘disciplined execution’ for Q4 and recovering labor trends

    CEO Ron Mittelstaedt characterized 2023 as a “year of renewal” and applauded strong acquisition activity and improved safety and retention.

    By Feb. 14, 2024
  • WM trucks
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    Permission granted by WM
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    WM 2023 earnings

    WM touts sustainability spending, ‘strong’ operations growth to wrap up Q4

    Executives credited price and cost-saving measures for Q4 earnings growth and said the company will invest up to $2.9B in its recycling and renewable energy platforms through 2026.

    By Feb. 13, 2024
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    Sean Pavone via Getty Images
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    Deep Dive

    Who came out on top with New York commercial waste zone contracts?

    The 65 contracts recently awarded to provide service in the five boroughs effectively reset the market. Major companies such as Action Environmental and Waste Connections did well; others are left with tough choices.

    By Feb. 13, 2024
  • An Interstate Waste Services truck in front of a business
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    Courtesy of Interstate Waste Services
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    Interstate Waste Services acquiring Oak Ridge in regional expansion

    The transaction marks the first sizable purchase since New Jersey-based IWS was recapitalized last year. Oak Ridge Waste & Recycling’s assets cover multiple markets in Connecticut and New York.

    By Feb. 12, 2024
  • Man pushing a cart in industrial facility, next to machinery with recyclables
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    Spencer Platt via Getty Images
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    Q&A

    Balcones Recycling leaders tout strong MRF network, municipal contract foundation

    Tom Outerbridge and Adam Vehik say the merger between Sims Municipal Recycling and Balcones Resources has strengthened recycling operations and set the table for future growth.

    By Feb. 5, 2024
  • Waste collection truck with an automatic sideloader
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    WendellandCarolyn via Getty Images
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    The waste and recycling industry outlook for 2024

    Recycling policy, PFAS regulations, landfill methane, organics infrastructure and M&A are all expected to be key topics for the year ahead.

    By Waste Dive Staff • Jan. 29, 2024
  • Industrial building with numerous pipes and components for processing biogas
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    Courtesy of Archaea Energy
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    Deep Dive

    RNG industry expects voluntary agreements, new credits to spur growth in 2024

    The renewable natural gas industry saw more than 60 projects come online last year. This year, it’s expecting to build on that growth as the industry matures.

    By Jan. 22, 2024
  • Bales of plastic go down a conveyor belt at Republic's Las Vegas Polymer Center
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    Courtesy of Republic Services
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    5 waste and recycling trends to watch in 2024

    The evolving M&A market, the rise of EPR, pending PFAS regulations, renewable natural gas and methane reduction are some of the biggest issues facing the industry this year.

    By , , Jan. 5, 2024
  • Front load truck collecting a container
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    photovs via Getty Images
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    By the numbers: Key 2023 waste and recycling trends

    Look back on the year through data points on issues such as labor, M&A, federal funding, state policy and commodity pricing.

    By , , Dec. 22, 2023
  • Central Texas Refuse collection truck
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    Permission granted by James Wallington, Central Texas Refuse
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    Republic Services returns to Austin, Texas, market in deal with Integrated Waste Solutions Group

    Eight years after the permit for its Sunset Hills Landfill expired, Republic now owns the recently opened 130 Environmental Park Landfill and one of the last independent haulers in the Austin market, Central Texas Refuse.

    By Dec. 21, 2023
  • Aerial view of a Midwest Fiber Recycling facility
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    Courtesy of Closed Loop Partners
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    Circular Services acquires Midwest Fiber, including 5 recycling facilities

    Balcones Recycling, part of Closed Loop Partners’ Circular Services platform, will manage the operation. Midwest, a family-owned company, had scaled to include collection and processing operations in multiple states.

    By Dec. 17, 2023
  • Aerial view of a Heritage Environmental Services waste facility
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    Courtesy of EQT
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    Heritage Environmental Services selling majority stake to EQT Infrastructure

    The Indiana-based environmental services company provides a range of options for hazardous and non-hazardous waste, including at multiple disposal sites. This follows Sweden-based EQT’s recent investment in Covanta.

    By Updated Dec. 13, 2023
  • Waste Connections truck in Brooklyn, NY
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    Cole Rosengren/Waste Dive
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    Waste Connections acquiring 30 Canadian E&P facilities from Secure Energy Services

    The deal includes numerous oil and gas landfills, injection wells and treatment and disposal facilities. The Canadian government required Secure to divest these assets following its merger with Tervita.

    By Dec. 11, 2023
  • HTG transfer truck
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    Retrieved from HTG on December 06, 2023
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    What’s next for Hainesport Transportation Group, including Michigan rail project

    CEO Darryl Caplan and investment partner Dickson Suit lay out their strategy for how the New Jersey-based company is ramping up its position to transfer more C&D volumes out of the disposal-constrained Northeast.

    By Dec. 7, 2023
  • A Republic Services truck and dumpster.
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    Courtesy of Republic Services
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    Republic Services acquires Indiana hauler, transfer station operator

    Wallace Bros. Disposal & Recycling had been a family-run operation since 1996. The transaction is one of multiple to occur in the region in recent years.

    By Dec. 5, 2023
  • Truck collecting a cart via automated sideloader
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    viavado via Getty Images
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    Deep Dive

    Has the waste and recycling industry’s multiyear M&A boom peaked?

    Experts from Stifel, Houlihan Lokey, Comerica Bank, Raymond James, Waste Connections and others weigh in on the latest trends involving valuations, private equity, environmental services, antitrust and more.

    By Nov. 27, 2023
  • Two people sit in chairs on a stage with a white background behind them that says "Corporate Growth Conference" in green letters.
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    Katie Pyzyk/Waste Dive
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    Waste Connections’ Mittelstaedt talks industry changes, improvements during time away from CEO job

    Ron Mittelstaedt discussed how trends in sustainability, technology and investor interest are “rapidly changing” the waste industry during a session at the Corporate Growth Conference.

    By Nov. 21, 2023
  • Amwaste CEO Chip Russell stands next to one of his company's collection trucks
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    Permission granted by Amwaste
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    AmWaste aims to scale with 3i investment after ‘quietly’ becoming sizable Southeast player

    An infusion of growth capital by 3i North American Infrastructure helped AmWaste purchase disposal assets in Georgia, with more acquisitions to come. CEO Chip Russell outlines the company’s vision for expansion.

    By Nov. 13, 2023
  • Green GFL Environmental truck
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    Jacob Wallace/Waste Dive
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    Leading waste and recycling companies spent $986M on M&A in Q3

    WM, Republic Services, Waste Connections, GFL Environmental and Casella Waste Systems recently reported spending totals and shared their outlooks on the deal environment heading into 2024.

    By Nov. 7, 2023