Mergers and Acquisitions: Page 13


  • E.L. Harvey trucks delivers processed organics to Vanguard Renewables digester in Massachusetts
    Image attribution tooltip
    Cole Rosengren/Waste Dive
    Image attribution tooltip

    Waste Connections acquiring E.L. Harvey & Sons in notable New England expansion

    E.L. Harvey, a multigenerational Massachusetts operation, has a large collection fleet along with sizable recycling and transfer facilities. Waste Connections aims to grow the company's annual revenue of $110 million.

    By Updated Sept. 2, 2021
  • Image attribution tooltip
    Octavio Jones via Getty Images
    Image attribution tooltip
    WCN 2021 earnings

    Waste Connections seeing 'record' seller enthusiasm for M&A, multiple West Coast deals in works

    Like competitors, the company has largely recovered lost pandemic business and is raising prices to stay ahead of wage pressures. To date, 14 acquisitions have closed and many more are in this year's pipeline, leaders said.

    By Aug. 5, 2021
  • Casella Waste Systems truck in Somerville, Massachusetts
    Image attribution tooltip
    Cole Rosengren/Waste Dive
    Image attribution tooltip

    Casella anticipates further expansion into Connecticut after Willimantic acquisition

    The Northeast company touted "productive conversations" with other potential sellers in the region, and it estimated the McKean Landfill could come online in Pennsylvania by the end of 2022, during its latest earnings call.

    By Aug. 2, 2021
  • Republic Services truck outside at WasteExpo 2021 in Las Vegas
    Image attribution tooltip
    Maria Rachal/Waste Dive
    Image attribution tooltip
    RSG 2021 earnings

    Republic Services Q2: 'no pause' on M&A after Santek, eyeing environmental solutions deals

    The labor shortage and coronavirus pose some uncertainty, the company acknowledged, but it raised guidance based on strong recovery trends. Executives also discussed new landfill gas and recycling opportunities.

    By July 30, 2021
  • GFL Environmental truck at Waste Expo
    Image attribution tooltip
    Cole Rosengren/Waste Dive
    Image attribution tooltip
    GFL 2021 earnings

    GFL launches renewable energy platform, forecasts ample M&A opportunities

    While Canada's economic recovery is expected to roll into next year, the company is already seeing pre-pandemic volumes in other areas and big free cash flow gains. A new focus on landfill gas projects may boost that trend.

    By July 29, 2021
  • Noble Environmental trucks in Pennsylvania
    Image attribution tooltip
    Permission granted by Noble Environmental
    Image attribution tooltip

    Noble Environmental acquires GFL landfills, collection assets in Pennsylvania region

    The deal is a major expansion for Noble, one of the state's largest private haulers. GFL acquired the sites as part of the Waste Management-Advanced Disposal divestiture package last year.

    By July 22, 2021
  • Mechanical claw hovering over pile of trash in industrial facility
    Image attribution tooltip
    Permission granted by Covanta
    Image attribution tooltip

    Covanta completes $5.3B sale to EQT Infrastructure, new CEO takes over

    A deal to go private is now complete, with former energy executive Azeez Mohammed taking the reins. The company has also set two sustainability targets as part of its financing package.

    By Updated Nov. 30, 2021
  • President Biden, Biden, executive order, climate
    Image attribution tooltip
    Retrieved from The White House/YouTube on January 29, 2021
    Image attribution tooltip

    Biden antitrust push faces steep road

    Although the president and congressional majority are aligned on increasing competition in certain sectors, it's not clear agencies will bring much firepower to the effort.

    By Robert Freedman • July 12, 2021
  • Republic Services truck driving outside of WasteExpo 2021 in Las Vegas, Nevada
    Image attribution tooltip
    Cole Rosengren/Waste Dive
    Image attribution tooltip

    Waste CEOs emphasize labor, ESG and M&A as top priorities after pandemic

    Leaders from Waste Management, Republic Services, Waste Connections, GFL Environmental and other groups weighed in on labor solutions, fleet technology and the economy at WasteExpo.

    By July 6, 2021
  • Waste Management trucks passing each other in Somerville, Massachusetts
    Image attribution tooltip
    Cole Rosengren/Waste Dive
    Image attribution tooltip

    Q1 earnings: Waste companies putting pandemic behind them, anticipate more economic rebound coming

    Outside of Canada, the majority of local economies have reopened and volumes are bouncing back. Catch up on results and takeaways on the first quarter of 2021 from the industry's largest solid waste operators.

    By Waste Dive Team • May 10, 2021
  • Image attribution tooltip
    Spencer Platt via Getty Images
    Image attribution tooltip

    Solid waste companies talk disposal pricing, ESG and Biden in Q1 earnings outlooks

    Waste Management, Republic Services, Waste Connections, GFL Environmental, Covanta and Casella Waste Systems leaders commented on pandemic recovery trends and other pressing topics.

    By May 10, 2021
  • GFL Environmental truck at Waste Expo
    Image attribution tooltip
    Cole Rosengren/Waste Dive
    Image attribution tooltip
    GFL 2021 earnings

    GFL Environmental reports positive volume outlook despite Canadian lag, closes 10 acquisitions

    While Canada's pandemic restrictions continue to affect GFL's business, U.S. recovery trends and past acquisitions are providing a boost. Ample M&A opportunity remains due in part to potential tax changes, the company said.

    By May 6, 2021
  • Republic Services residential collection truck
    Image attribution tooltip
    Courtesy of Republic Services
    Image attribution tooltip
    RSG 2021 earnings

    Republic ups guidance as Santek acquisition is finalized, CEO handoff on horizon

    Even after a long approval process for the just-closed Santek purchase the company is "not deterred" from pursuing larger M&A deals and intends to invest $600 million in acquisitions this year, said incoming CEO Jon Vander Ark.

    By May 6, 2021
  • Covanta waste-to-energy plant in Dublin, Ireland
    Image attribution tooltip
    The image by David Dizon is licensed under CC BY-SA 2.0
    Image attribution tooltip

    Covanta intends to close multiple plants in coming years, divestitures still possible

    Through its strategic review, the company anticipates $30 million in annual cost savings by 2023 and plans to exit certain operating contracts. Meanwhile, a new U.K. plant will begin receiving waste within weeks.

    By April 30, 2021
  • Waste Connections truck in New York
    Image attribution tooltip
    The image by Eden, Janine and Jim is licensed under CC BY 2.0
    Image attribution tooltip
    WCN 2021 earnings

    Waste Connections Q1: Landfill volumes 'above pre-COVID levels'

    Amid pandemic recovery, in March the company had its largest hiring levels since September 2019. It reported better commodity pricing and solid waste volumes even in regions hit hardest by COVID-19.

    By April 29, 2021
  • Waste Management CNG fueling station
    Image attribution tooltip
    Courtesy of Waste Management
    Image attribution tooltip
    WM 2021 earnings

    Waste Management raises guidance as pandemic recovery accelerates, predicts possible labor headwind

    Pricing and the Advanced Disposal acquisition were key first quarter boosts. Executives also announced a new chief sustainability officer and weighed in on the Biden administration's infrastructure proposal.

    By April 27, 2021
  • Republic Services collection truck
    Image attribution tooltip
    Courtesy of Republic Services
    Image attribution tooltip

    Republic closes acquisition of Santek, following DOJ divestiture agreement

    A settlement includes collection and disposal assets in four Southeast states going to portfolio companies of Kinderhook Industries and Texas routes going to Waste Connections.

    By Updated May 5, 2021
  • WIN Waste Innovations CEO Bob Boucher in truck
    Image attribution tooltip
    Permission granted by WIN Waste Innovations
    Image attribution tooltip

    Wheelabrator debuts WIN Waste Innovations brand following Tunnel Hill acquisition

    The newly combined operations of 10 companies will have an estimated $1 billion annual revenue run rate. Following a recapitalization, CEO Bob Boucher said more M&A is planned and an IPO or sale could happen in the future.

    By Updated April 6, 2021
  • GFL Environmental truck at transfer station in Toronto
    Image attribution tooltip
    The image by Sikander is licensed under CC BY-SA 4.0
    Image attribution tooltip

    GFL Environmental closes Terrapure acquisition, including key Toronto-area industrial landfill

    The C$927.5 million deal, which GFL pursued for many years, will further solidify the company's presence throughout Canada.

    By Updated Aug. 17, 2021
  • Thaddeus Kosciusko Bridge in upstate New York
    Image attribution tooltip
    The image by Craig Moe is licensed under CC BY 2.0
    Image attribution tooltip

    Waste Connections pursues escalating New York legal fight in face of stiff competition

    Subsidiary County Waste sued former owner Scott Earl over alleged unfair practices and issues related to the rise of his new company, Twin Bridges. The two are battling over prices and acquisition targets around the Capital Region.

    By March 2, 2021
  • Waste Management containers in Washington, DC
    Image attribution tooltip
    E.A. Crunden
    Image attribution tooltip

    2020 earnings coverage for US waste and recycling companies

    Catch up on Waste Dive's quarterly analysis of results from Waste Management, Republic Services, Waste Connections, GFL Environmental, Covanta and Casella Waste Systems during 2020.

    By Waste Dive Team • Feb. 24, 2021
  • GFL Environmental truck at Waste Expo
    Image attribution tooltip
    Cole Rosengren/Waste Dive
    Image attribution tooltip

    2020 earnings coverage: GFL Environmental

    In its first year as a public company, starting right as the pandemic unfolded, GFL completed multiple major transactions and is on track for ongoing rapid growth.

    By Waste Dive Team • Feb. 24, 2021
  • Casella collection truck
    Image attribution tooltip
    Courtesy of Casella Waste Systems
    Image attribution tooltip

    2020 earnings coverage: Casella Waste Systems

    This key Northeast company continued growing its dominant presence in the market amid the pandemic, with plans to further expand multiple key landfill assets.

    By Waste Dive Team • Feb. 24, 2021
  • Covanta waste-to-energy plant in Dublin, Ireland
    Image attribution tooltip
    The image by David Dizon is licensed under CC BY-SA 2.0
    Image attribution tooltip

    2020 earnings coverage: Covanta

    The industry's largest incinerator operator was affected by the pandemic like many others and later initiated a strategic review that could bring notable changes to its future.

    By Waste Dive Team • Feb. 24, 2021
  • Waste Connections truck in New York
    Image attribution tooltip
    The image by Eden, Janine and Jim is licensed under CC BY 2.0
    Image attribution tooltip

    2020 earnings coverage: Waste Connections

    The industry's third-largest company continued to expand through M&A, responded to the coronavirus pandemic and committed to $500 million in ESG spending.

    By Waste Dive Team • Feb. 24, 2021