The most recent updates to this tracker are:

  • Natural Upcycling acquired Curbside Compost, a food scrap collection company with clients in Connecticut and New York. The company services municipalities, institutions, businesses and residents. “I’m excited to have an opportunity to advance the growth of food scrap recycling and soil delivery across the Northeast and mid-Atlantic,” said Curbside founder and CEO Nick Skeadas in a statement. Natural Upcycling is backed by private equity firms Trailcreek Capital Group and Plexus Capital.
  • Reconomy recently acquired two companies in the broker space. New York-based Complete Solutions & Sourcing specializes in service for grocery store-anchored shopping centers as well as multifamily residential properties. Massachusetts-based Waste Focus services customers in the property management, hospitality and manufacturing sectors. Both companies will integrate with the previously acquired Lincoln Waste Solutions business.
  • Deep Green Waste & Recycling acquired three Junk King franchises serving central Tennessee. The deal allows for vertical integration with DGWR’s Lyell Environmental Services remediation business in the region, per a news release. DGWR acquired all the outstanding and issued stock of Franklin Tucker Corp. through this deal.
  • Waste Eliminator acquired FC Sanitation, a commercial waste and C&D hauling company that services parts of Northeast Georgia and South Carolina. This is the second acquisition of the year for Waste Eliminator, which is a portfolio company of private equity firm Allied Industrial Partners.

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