Waste Pro execs, on their way to $900M in revenue, outline multiyear Southeast growth strategy

While other family-led operations are selling this year, this Florida-based company says it's here to stay. CEO Sean Jennings and COO Keith Banasiak share their outlook on M&A, labor, municipal relations and more.

By Cole Rosengren • Oct. 11, 2021

LRS acquires numerous Midwest assets from GFL, including Advanced divestitures

The recently closed deal contains substantial collection and hauling business in Illinois, including the Chicago area, as well as assets in Minnesota. The deal is the largest for LRS to date.

By Cole Rosengren • Oct. 1, 2021

GFL Environmental expands Midwest footprint with PDC acquisition

Today's purchase of Peoria Disposal marks the transfer of a 93-plus-year family business that provides GFL with a sizable, vertically-integrated waste and recycling platform in Illinois and Missouri.

By Cole Rosengren • Oct. 1, 2021

2021 highlights from the waste and recycling industry's M&A bonanza

In a major year of acquisition activity, catalysts have included pending tax changes, more expensive environmental standards and pandemic fatigue. Stay up to date with our original reporting and insight on key deals.

By The Waste Dive Team • Updated Dec. 21, 2021

Archaea Energy merger completed, setting up major landfill RNG producer

Archaea and Aria Energy have joined forces in a deal led by a special purpose acquisition company, signaling that the waste industry sees increasingly lucrative potential in high-Btu landfill gas projects.

By Cole Rosengren • Updated Sept. 16, 2021

Macquarie backs LRS, ramping it up for even more Midwest expansion

CEO Alan Handley said the company's active M&A pace will accelerate with the new funding. The deal marks an exit by prior investors such as Goldman Sachs and Ironwood Capital.

By Cole Rosengren • Sept. 9, 2021

Republic Services purchases ACV Enviro for environmental services expansion

The acquisition of this New Jersey-based operation follows CEO Jon Vander Ark's prior comments about growing the company's environmental services business, including hazardous waste.

By Cole Rosengren • Sept. 2, 2021

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 Cole Rosengren • Updated Sept. 2, 2021

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 Cole Rosengren • Aug. 5, 2021

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 Megan Quinn • Aug. 2, 2021

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 Maria Rachal • July 30, 2021

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 Cole Rosengren • July 29, 2021

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 Cole Rosengren • July 22, 2021

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 Cole Rosengren • Updated Nov. 30, 2021

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

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 Cole Rosengren • July 6, 2021

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

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 Cole Rosengren • May 10, 2021

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 Cole Rosengren • May 6, 2021

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 Maria Rachal • May 6, 2021

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 Cole Rosengren • April 30, 2021

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 Megan Quinn • April 29, 2021

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 Cole Rosengren • April 27, 2021

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 Cole Rosengren • Updated May 5, 2021

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 Cole Rosengren • Updated April 6, 2021