Mergers and Acquisitions: Page 5
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Waste Connections’ acquisition of Arrowhead opens strategic integration, M&A opportunities
The deal could help reveal better M&A chances and remedy shrinking Northeast disposal capacity, the company says. Arrowhead recently invested in its transportation and disposal infrastructure.
By Megan Quinn • Aug. 4, 2023 -
WCN 2023 earnings
Waste Connections caps Q2 with acquisition of Arrowhead waste-to-rail network
Waste Connections sees Arrowhead’s rail-served MSW landfill in Alabama as “one of our most strategic assets” to open up more integration and M&A opportunities in the Northeast.
By Megan Quinn • Aug. 3, 2023 -
RSG 2023 earnings
Republic expects higher revenues amid plans for polymer centers, environmental solutions growth
Republic Services’ leaders shared new details about its polymer centers and continued integration of US Ecology, but noted it may have found the ceiling for price increases in certain markets.
By Jacob Wallace • Aug. 1, 2023 -
Q2 earnings results for major waste and recycling companies
Follow the latest results from Republic Services, WM, GFL Environmental, Stericycle and more as they release their midyear earnings reports.
By Waste Dive Staff • Updated Aug. 10, 2023 -
LRS expands Chicago metro footprint with latest acquisition, hires new CFO
The purchase of Environmental Recycling & Disposal also comes with a 600-ton-per-day transfer station that could be expanded. Macquarie-backed LRS also shared an update on executive leadership changes.
By Cole Rosengren • July 28, 2023 -
Coastal Waste & Recycling acquires South Carolina-based Pro Disposal
The deal brings two transfer stations and two landfills to Coastal’s portfolio in Georgia and South Carolina. A Macquarie fund recently acquired a majority stake in Coastal.
By Jacob Wallace • July 27, 2023 -
GFL 2023 earnings
GFL Environmental raises 2023 guidance, pays down debt after divestitures
The Canada-based company is using higher-than-expected proceeds from three separate asset sales to improve its leverage ratio and invest more in sustainability projects.
By Jacob Wallace • July 27, 2023 -
Heritage-Crystal Clean set to go private in $1.2B transaction
The pending transaction could see private equity firm J.F. Lehman & Co. purchase one of North America’s larger providers of various environmental services.
By Cole Rosengren • July 20, 2023 -
Waste Connections acquires small hauler in Texas Panhandle
Diversified Waste Management provides a range of container rental and roll-off collection services, adding to the company’s growing regional presence.
By Cole Rosengren • July 7, 2023 -
Casella Waste completes $525M acquisition of GFL Environmental’s mid-Atlantic assets
The purchase of hauling, transfer and MRF assets in Delaware, Maryland and Pennsylvania is Casella’s largest deal in years. It also marks the final step in GFL’s divestiture plan.
By Cole Rosengren • July 5, 2023 -
Republic Services plans upgrades at recently-acquired Massachusetts MRF
Republic now has two MRFs in the state after acquiring a single-stream facility from JRM Hauling & Recycling in 2022. Waste Dive took a recent tour.
By Cole Rosengren • June 28, 2023 -
Coastal Waste & Recycling acquired by Macquarie fund in recapitalization deal
The Florida-based company has grown to more than 800 employees since it launched through a partnership with Summer Street Capital Partners in 2017.
By Cole Rosengren • June 13, 2023 -
Casella Waste to acquire New York-based Twin Bridges in $219M deal
Casella’s second major acquisition planned this year aims to enhance the company’s New York presence and add high-tech MRF and transfer station assets to its portfolio.
By Megan Quinn • June 13, 2023 -
Harsco, now Enviri, looks to growth in Clean Earth business and sale of rail to recover from tough year
Harsco, a 170-year-old company, is rebranding to Enviri as it looks to double down on environmental solutions and dig itself out of a debt hole.
By Jacob Wallace • June 7, 2023 -
Industry veteran launches Waste Industry Historical Society to capture decades of knowledge
Anthony Ricchio, a longtime driver and current equipment specialist, grew up collecting waste phone book ads and toy trucks. Now, he hopes a new museum in Iowa can motivate others to share their own collections.
By Cole Rosengren • June 5, 2023 -
GFL closes sale of Colorado assets to Republic; its Casella divestiture gets DOJ approval
GFL Environmental expects to complete its broader divestiture campaign by the end of June, netting gross proceeds of about $1.6 million (Canadian). This specific package covers Denver and other key Colorado markets.
By Jacob Wallace • June 5, 2023 -
Private equity firms announce waste transfer and environmental services deals in Georgia and Texas
Bulk Express Transport, backed by Alterna Equity Partners, purchased Attaway Hauling. Separately, Allied Industrial Partners acquired a stake in Mat Tech Industrial Services.
By Cole Rosengren • June 1, 2023 -
US waste and recycling industry worth $91B in 2022, landfill capacity consolidation continues
The latest Waste Business Journal data shows growing revenue and disposal prices, along with an ongoing decline of municipal market share. WM now accounts for more disposal volume than all local governments combined.
By Cole Rosengren • May 19, 2023 -
GFL Environmental’s sale of Colorado assets to Republic Services is pending
This large piece of GFL’s $1.6 billion (Canadian) divestiture package includes post-collection, recycling and hauling assets in key markets such as Denver and Colorado Springs.
By Cole Rosengren • May 11, 2023 -
Clean Harbors says disposal demand and $110M Thompson Industries deal position it well for 2023
The company touted strong performance in its Environmental Services segment, high disposal demand and improving incinerator utilization, which it hopes will even out cost pressures in the more challenged Safety Kleen sector.
By Megan Quinn • May 5, 2023 -
Q&A
Covanta CEO shares environmental services and M&A outlook after sizable Circon deal
In a recent interview, Azeez Mohammed outlined the company’s new scale and offerings after closing the deal this week. Plus, he shared an update on the serious facility fire in Miami-Dade County.
By Jacob Wallace • May 4, 2023 -
GFL Environmental sells Nashville assets to WM as part of bigger divestiture plan
The transaction is a small piece of a broader divestiture strategy intended to help GFL reduce debt leverage by streamlining its portfolio.
By Cole Rosengren • May 3, 2023 -
Covanta completes deal to acquire Circon from Kinderhook
The deal, first announced in April, is the latest expansion of Covanta’s environmental services division and one of its largest transactions in years.
By Jacob Wallace • May 1, 2023 -
Major waste companies spent an estimated $563M on Q1 acquisitions, with more to come this year
Catch up on the latest deal totals and 2023 outlooks from WM, Republic Services, Waste Connections, GFL Environmental and Casella Waste Systems.
By Cole Rosengren • May 1, 2023 -
CWST 2023 earnings
Casella sees ‘significant’ Mid-Atlantic expansion opportunities after GFL deal
Casella offered more details on its pending acquisition of GFL assets in three new states, including plans to internalize volumes at its forthcoming McKean Landfill site in Pennsylvania.
By Megan Quinn • April 28, 2023