Casella Waste Systems Acquires Assets of Consolidated Waste Services (Twin Bridges)
June 9, 2023
Casella Waste Systems, Inc. signed an asset purchase agreement to acquire the assets of Consolidated Waste Services, LLC (dba Twin Bridges) for approximately $219 million in cash. The deal includes two collection operations, a transfer station, a materials recovery facility (MRF) and other properties, and is expected to generate about $70 million of annualized revenue and close by Q4 2023.
- Buyers
- Casella Waste Systems, Inc.
- Targets
- Consolidated Waste Services, LLC (dba Twin Bridges)
- Sellers
- Consolidated Waste Services, LLC and its affiliates
- Industry
- Environmental Services
- Location
- New York, United States
- Transaction Type
- Buyout
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