Mergers and Acquisitions: Page 6

The fragile ecosystem of Massachusetts C&D recycling

The state’s construction recycling requirements have spurred a wave of new infrastructure investments and led to more acquisitions. Some say they’ve also constrained capacity, all while the region’s building boom continues.

By Cole Rosengren • Jan. 11, 2023

LRS grows in Michigan and Indiana with largest acquisitions to date

The purchases of Michiana Recycling & Disposal Service and Modern Waste Systems are the latest among dozens of transactions by the private equity-backed company in recent years.

By Cole Rosengren • Jan. 9, 2023

FCC Environmental buys Houston hauler in second acquisition to date

The deal, which closed in December, involves a fleet of 40 trucks and marks a notable expansion for FCC’s presence in its headquarter city.

By Cole Rosengren • Jan. 6, 2023

By the numbers: 2022 waste and recycling trends with implications for 2023

Key data points on some of the top issues — M&A, ESG, inflation and policy — that illustrate another eventful year for the industry.

By Megan Quinn , Cole Rosengren , Maria Rachal • Jan. 4, 2023

BP completes $4.1B acquisition of Archaea

The transaction positions BP as a major developer of renewable natural gas projects at U.S. landfills and caps off a rapid rise for Archaea since it became a public company in 2021.

By Cole Rosengren • Dec. 28, 2022

GFL Environmental builds out Fort Wayne, Indiana, footprint with acquisition

The Canadian company recently purchased Bunn Box, a family-run hauler and facility operator. This is one of multiple local acquisitions since GFL was awarded a collection contract in Fort Wayne.

By Cole Rosengren • Dec. 22, 2022

Top interviews with waste and recycling leaders in 2022

Read some of the year’s most popular conversations with CEOs from Republic Services, WIN Waste Innovations, LRS and Vanguard Renewables, as well as leaders from WM, the U.S. EPA and other organizations.

Dec. 22, 2022

Republic Services buys longtime family hauler in northwest Illinois

Moring Disposal, a privately-owned company since 1977, has a range of collection and transfer operations in the region. The deal marks an expansion for Republic in this part of the state.

By Cole Rosengren • Dec. 20, 2022

Archaea shareholders approve $4.1B sale to BP

Recently released proxy filings share new details about joint venture partner Republic Services signing off on the deal. BP’s CEO has described his company as “the natural owner” of Archaea, with exponential growth ahead.

By Cole Rosengren • Dec. 14, 2022

Waste and recycling M&A is as active as ever. What’s driving sellers to exit the industry?

Experts from Comerica Bank and Houlihan Lokey, along with speakers at the Corporate Growth Conference, share insights on how the deal environment has evolved in 2022.

By Cole Rosengren • Updated Dec. 8, 2022

The US waste and recycling industry in 2022 — what you need to know

Stories on M&A, recycling policy and organics recycling expansion — and how the economy and environmental justice considerations are shaping the industry’s path forward — have driven the news this year.

Dec. 5, 2022

Waste Connections acquisition of C&D recycler continues Massachusetts expansion

Trojan Recycling, which operates a C&D transfer facility and offers roll-off service, is at least the fourth local deal for Waste Connections this year.

By Cole Rosengren • Dec. 5, 2022

Republic Services grows San Antonio footprint with hauling acquisition

The addition of C6 Disposal fits into Republic’s local workforce of 500 employees in an area where it also operates a landfill. This deal is one of many for Republic in 2022.

By Cole Rosengren • Dec. 5, 2022

Macquarie fund purchases DTG Recycle, rapidly growing C&D recycler in Washington

DTG, a vertically integrated company, is coming off a period of ongoing acquisition growth fueled by a prior investment from Clairvest Group.

By Cole Rosengren • Dec. 1, 2022

How Redbox+ Dumpsters aims to grow its roll-off business in recession-resilient segments of construction

Doug Smith, senior vice president of franchise development at Belfor Franchise Group, discussed recent trends regarding demand for roll-off containers and what’s attracting new franchisees to the business.

By Cole Rosengren • Nov. 28, 2022

Frontier Waste Solutions sells majority stake to private equity investors amid Texas growth

Since John Gustafson founded it in 2017, Frontier has completed numerous acquisitions and won multiple municipal contracts. This latest investment is expected to further accelerate that growth.

By Cole Rosengren • Nov. 22, 2022

Archaea revenue grows, RNG output rises ahead of sale to BP

The Texas-based company, which specializes in creating energy from gas at landfills and other sites, continues to ramp up operations. A date has also been set for shareholders to approve its $4.1 billion sale to BP.

By Cole Rosengren • Nov. 14, 2022

Rubicon pledges ‘progress to profitability’ and shares plans to grow company’s earnings potential

In Rubicon’s first earnings call since going public and seeing its founder step down, CEO Phil Rodoni named “profitability as the core tenet of our strategy and corporate culture going forward” and announced a new company president.

By Cole Rosengren • Nov. 10, 2022

What’s next for Veransa, the new company consolidating Florida’s green waste composting market

The private equity-backed company has completed three acquisitions since launching last year. A vice president shares the company's growth agenda and how it has been handling Hurricane Ian debris.

By Cole Rosengren • Nov. 9, 2022

Facing falling recycled commodity prices, waste companies pivot in Q3

After enjoying increasing recycled commodity values for the first half of 2022, industry operators faced major commodity price declines.

By Megan Quinn • Nov. 4, 2022

Top waste companies spent $1.1B on Q3 acquisitions, with more to come

Here’s what executives at the industry’s largest companies had to say about the M&A environment this year — and how much each has spent.

By Cole Rosengren • Nov. 4, 2022

GFL Q3 revenue jumps, ESG targets to come this month

GFL Environmental’s revenue bump came amid economic headwinds and notable costs related to fuel, trucks and MRF fires, as discussed on its earnings call Thursday.

By Maria Rachal • Nov. 3, 2022

Waste Connections says pricing strategy helped achieve solid Q3

Higher activity in waste treatment services related to oil and gas, up 52% from last quarter, was a strong point amid inflation and “precipitous” declines in recycled commodity prices, especially for OCC, CEO Worthing Jackman said.

By Megan Quinn • Nov. 3, 2022

Waste Connections reports a decline in GHG emissions despite acquisitions, sets new ESG targets

The company plans investments in RNG facilities, MRFs and electric collection vehicles as well as new goals to cut Scope 1 and 2 emissions by 15%, building on a recent decline of 7%, it said in its 2022 sustainability report.

By Cole Rosengren • Oct. 31, 2022

Q3 earnings results for major waste and recycling companies

Follow the latest round of financial results from WM, Republic Services, Casella Waste Systems, Waste Connections, GFL Environmental and more.

Updated Dec. 1, 2022