Waste Management Acquires Stericycle for Approximately $7.2 Billion

Carlyle Acquires Majority Stake in Waste Services Group from Livingbridge

December 9, 2024

Environmental Services

Global investment firm Carlyle has agreed to acquire a majority stake in Australian waste management company Waste Services Group (WSG) from Livingbridge, which will retain a significant minority and reinvest. WSG operates in the commercial and industrial waste and liquid waste segments, serving over 10,000 customers and employing over 600 people; Carlyle plans to support geographic expansion and broaden WSG’s service offering across Australia.

Sedgwick Acquires Stericycle's Expert Solutions Service Line

December 2, 2020

Professional Services

Sedgwick has acquired Stericycle's Expert Solutions service line, bringing market-leading recall, remediation and retention capabilities in-house. The acquisition adds more than 300 employees across the U.S., Canada and Europe and expands Sedgwick's integrated offerings for clients in automotive, food & beverage, medical devices, retail, pharmaceuticals and consumer products sectors.

Republic Services Acquires US Ecology for $48/Share

February 9, 2022

Environmental Services

Republic Services agreed to acquire all outstanding shares of US Ecology for $48 per share (approximately $2.2 billion including net debt) to expand its environmental solutions capabilities and national footprint. The deal provides Republic with vertically integrated hazardous and specialty waste treatment, disposal and field-service assets, and is expected to be immediately accretive with roughly $40 million of cost synergies over three years.

STERIS Acquires Cantel Medical Corp.

January 12, 2021

Medical Devices

STERIS plc agreed to acquire Cantel Medical Corp. in a cash-and-stock transaction valuing Cantel at approximately $3.6 billion equity ($4.6 billion enterprise), paying $84.66 per Cantel share. The deal expands STERIS’s infection‑prevention and endoscopy capabilities and extends the company into dental customers, with expected pre‑tax cost synergies of ~$110 million by year four and accretion to adjusted EPS in year one.

Northstar Recycling Acquires Waste Technology Services

October 14, 2025

Environmental Services

Northstar Recycling Company, LLC has acquired Waste Technology Services, LLC, combining two asset-light providers of managed waste, byproduct management and environmental consulting to strengthen technical capabilities and expand sustainability-oriented services. WTS, founded in 1982 and headquartered in Lewiston, New York, will join Northstar's platform (PE-backed after a 2021 recapitalization led by Ridgemont Equity Partners) to deliver broader recycling, reuse and reclamation solutions across specialty chemical, pharmaceutical, high-technology and industrial end markets.

Waste Pro Acquires 24 Regional Waste and Recycling Businesses Across the Southeast

October 8, 2025

Environmental Services

Waste Pro USA, Inc. completed 24 strategic acquisitions across its 12-state southeastern footprint, investing approximately $170 million to add roughly $91 million in annual revenue. The transactions expand Waste Pro's residential, commercial and industrial hauling, landfill operations, portable toilets, and recycling processing capabilities across Alabama, Florida, Georgia, Louisiana, Mississippi, North Carolina and Tennessee.