Mergers and Acquisitions
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Federal Signal to buy into growing side-loader market via New Way Trucks deal
Publicly traded Federal Signal expects its purchase of the family-owned truck manufacturer to close by the end of the year. It highlighted New Way’s position as the largest U.S. side-loader manufacturer in a note to investors.
By Jacob Wallace • Oct. 1, 2025 -
Sponsored by Custom Inspection Solutions LLC
The critical role of independent fleet inspections in waste M&A
Independent inspections can make or break a waste industry deal. Here’s why.
Sept. 29, 2025 -
Republic Services acquires Montana landfill and hauler serving Helena
The deal nets Republic its second landfill in the state. Tri-County Disposal has served the greater Helena area for more than 50 years as a privately owned hauler.
By Jacob Wallace • Sept. 26, 2025 -
Q&A
E360S, major Canadian waste company, preps to enter US market
The company is now approaching 1 billion Canadian dollars in revenue and hoping to double the size of its business. CEO Danny Ardellini discussed expansion plans, EPR contracts, employee culture and more.
By Cole Rosengren • Sept. 24, 2025 -
GFL acquires Superior Waste from private equity group
The acquisition nets GFL Environmental a fully integrated presence in Oklahoma that includes multiple transfer stations and a municipal solid waste landfill.
By Jacob Wallace • Sept. 10, 2025 -
Deep Dive
Waste and the economy: 4 areas to watch for the rest of 2025
The waste and recycling industry has adapted to a changing economy this year, including effects from a lucrative new tax law, M&A, tariffs and commodity markets.
By Cole Rosengren , Megan Quinn , Jacob Wallace • Sept. 3, 2025 -
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 Jacob Wallace • Aug. 20, 2025 -
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 Jacob Wallace • Aug. 11, 2025 -
GFL’s infrastructure spinoff completes deal valuing business at nearly $3.1B
A transaction finalized with Energy Capital Partners marks a significant milestone following the 2022 spinoff. GFL will receive a cash infusion through its minority stake.
By Jacob Wallace • Updated Sept. 4, 2025 -
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 Jacob Wallace • Aug. 5, 2025 -
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 Jacob Wallace • Aug. 5, 2025 -
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 Jacob Wallace , Megan Quinn • Aug. 4, 2025 -
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 Megan Quinn • Aug. 1, 2025 -
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 Jacob Wallace • July 31, 2025 -
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 -
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 Jacob Wallace • July 29, 2025 -
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 Megan Quinn • July 24, 2025 -
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 Megan Quinn • July 14, 2025 -
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 Cole Rosengren • June 27, 2025 -
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 Megan Quinn • June 25, 2025 -
EQT acquires majority stake in landfill RNG company Waga Energy
The private equity firm completed its acquisition of a majority stake in France-based Waga following regulatory approval. The company’s board was changed after the acquisition, but its management team remains in place.
By Megan Quinn • Updated Sept. 19, 2025 -
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 Jacob Wallace • June 3, 2025 -
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 Megan Quinn • May 15, 2025 -
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 Jacob Wallace • May 8, 2025 -
Gabriel Langton. Retrieved from Flickr.
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 Megan Quinn , Cole Rosengren • May 7, 2025