Tracked deals
21
21 tracked deals across 2018-2026.
Tracked deals
21
21 tracked deals across 2018-2026.
Buyer mix
Strategic-led
23 strategic · 9 pe
Top trend
Volume peaked in 2025
9 tracked deals announced in 2025.
Primary Insight
| Buyer pattern | Connecticut examples |
|---|---|
| Scaling waste & recycling operators | Interstate Waste Services, Inc.; Reconomy / Lincoln Waste Solutions; Ewaste+ |
| Expanding organics and recovery | Circular Services; Natural Upcycling |
| Strengthening industrial and hazardous logistics | Reworld; EAI Water |
| Building regional service capacity | Modern Pest Services / Anticimex |
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Illustrative buyers pulled from tracked transactions on this page. This table is capped and intentionally non-exhaustive.
| Buyer | # Deals | Focus | Type |
|---|---|---|---|
| Reconomy | 3 | International circular economy specialist offering techno... | Strategic |
| Anticimex | 2 | Global pest control and property protection services comp... | Strategic |
| Interstate Waste Services, Inc. | 2 | Vertically integrated provider of solid waste collection,... | Strategic (PE-backed) |
| Lincoln Waste Solutions | 2 | Provider of full-service waste and recycling management s... | Strategic |
| Modern Pest Services | 2 | Regional pest and termite control provider serving New En... | Strategic |
| Ares Management (Private Equity Group) | 1 | Global alternative asset manager offering private equity,... | PE |
| Authority Brands | 1 | Franchisor and aggregator of home service brands providin... | Strategic (PE-backed) |
| Casella Waste Systems, Inc. | 1 | Regional vertically integrated solid waste, recycling and... | Strategic |
| Circular Services | 1 | Developer and operator of circular-economy infrastructure... | Strategic (PE-backed) |
| Economic Alternatives, Inc. (EAI Water) | 1 | Provider of custom-engineered industrial water treatment ... | Strategic (PE-backed) |
Last 7 years
Supporting Data
TerraCycle Commercial TM, a division of TerraCycle, Inc., acquired Connecticut-based NLR Inc., a universal regulated waste recycler. NLR will join TerraCycle Commercial to expand regulated and universal waste recycling collection capacity across the Northeast, while NLR customers retain their same service contacts.
Reconomy, via its North American arm Lincoln Waste Solutions, has acquired National Waste Associates, a Glastonbury, Connecticut-based outsourced managed waste services provider. The deal expands Lincoln Waste Solutions' customer base and capabilities in the US — strengthening Reconomy's push to build a material position in North America and helping Lincoln become a top-five waste and recycling operator in the US.
Modern Pest Services, a New England pest and termite control provider owned by Anticimex, has acquired Envirocare Pest Control, a Watertown, Connecticut-based pest and termite services business founded in 1998. Envirocare's team of more than 20 service professionals will join Modern Pest Services to strengthen Modern's presence and capacity in western Connecticut; financial terms were not disclosed and the deal closed October 5, 2025.
Interstate Waste Services, Inc. (IWS) has acquired North Atlantic Waste & Recycling (formerly Country Disposal), a family-owned waste and recycling hauler serving central and southern Connecticut. The deal expands IWS's footprint in Connecticut and adds North Atlantic's team, fleet and service contracts to IWS's regional operations.
Ewaste+, a Victor, New York-based electronics recycling and ITAD provider backed by Sidereal Capital Group, has acquired Take 2 Recycling of Waterbury, Connecticut as part of its Northeast expansion. The deal brings Take 2’s team and local relationships into Ewaste+ to expand regional capabilities and support growing national accounts.
Modern Pest Services, an Anticimex company, has acquired Guardian Pest Control, a Plainville, Connecticut-based pest and termite control business founded in 1997. The Aust Group represented owner Fred Markowich in the deal, which closed in December (terms undisclosed); Guardian operates primarily in central Connecticut with roughly 20 staff and serves residential and commercial clients.
Reconomy has acquired American Outsourced Waste and Recycling (AOWR), an East Hartford, Connecticut-based outsourced waste management business, and will integrate it into its Lincoln Waste Solutions platform. The deal is Reconomy's fifth US acquisition and expands Lincoln's capabilities, customers and capacity as part of Reconomy’s strategy to scale its North American operations.
Reworld (Reworld Holding Corporation) has acquired R.E.D. Technologies, LLC (REDTECH), a profiled waste and field remediation company based in Portland, Connecticut. The purchase adds a state-of-the-art profiled waste transfer station with on-site rail transloading, a fleet of 36 railcars and 100+ vehicles/equipment, and strengthens Reworld's hazardous and non-hazardous waste logistics and service capacity across the Northeastern United States.
Circular Services has acquired Quantum Organics, an organics management and processing business based in Southington, Connecticut. The deal adds anaerobic digestion, large-scale composting and organics processing capabilities to Circular Services’ national recycling and materials-recovery platform, expanding its services in the Northeast and enhancing its organic-waste-to-products capability.
Natural Upcycling, a Rochester, New York-based organics management company, has acquired Ridgefield, Connecticut-based Curbside Compost. Financial terms were not disclosed; the purchase expands Natural Upcycling's food scrap recycling and soil delivery capabilities and deepens its client base across Connecticut and New York.
Economic Alternatives, Inc. (EAI Water), backed by Sylmar Group, has acquired Clearwater Industries, a Shelton, Connecticut-based industrial water treatment provider. The deal expands EAI's Total Water footprint to the U.S. East Coast and strengthens its service and equipment capabilities for industrial cooling towers, boilers, and advanced membrane technologies.
United Kingdom-based Reconomy has acquired Lincoln Waste Solutions LLC, a Windsor, Connecticut-based waste and recycling management and consulting firm. The deal is Reconomy's first U.S. acquisition and provides a platform for accelerating the company's expansion into North America using its tech-enabled, people-powered approach.
True Environmental, a platform backed by Halle Capital, has acquired Triton Environmental, Inc., a full-service environmental consulting and engineering firm based in Guilford, Connecticut. The deal is an add-on to True’s platform to expand capabilities and accelerate growth while providing a liquidity pathway for Triton’s ownership; Triton’s founder Chris Marchesi will remain during a transition period.
EnergySolutions, a portfolio company of TriArtisan Capital Advisors, has completed the acquisition of Cabrera Services Inc., a Connecticut-based provider of environmental and radiological remediation services. Cabrera will be integrated into EnergySolutions' federal program to expand the company's federal remediation and project execution capabilities.
Interstate Waste Services, a PE-backed waste-by-rail operator, has entered into a definitive agreement to acquire Oak Ridge Waste & Recycling, expanding IWS's collection, transfer and recycling footprint into Southwestern Connecticut and suburban New York. The deal (expected to close by end of Q1 2024) follows an equity recapitalization of IWS led by the Private Equity Group of Ares Management and Littlejohn & Co., and will add Oak Ridge's transfer, MRF and rail-served disposal capabilities and ~27,000 customer locations to IWS's platform.
Keter Environmental Services, a recycling and waste management company backed by TPG, has acquired Waste Harmonics from Arcapita Group Holdings. The deal combines Waste Harmonics' tech-enabled waste management platform and nationwide vendor network with Keter's operations to expand capabilities and scale; Waste Harmonics' revenue reportedly nearly quadrupled under Arcapita to approach $400 million.
Authority Brands, a Columbia, Maryland-based franchisor of home service brands, has acquired eco-friendly junk removal franchisor The Junkluggers. The Junkluggers, founded in 2004 and operating across roughly 350 territories with more than 90 locations in the United States, will join Authority Brands' portfolio to accelerate franchise and service expansion; terms were not disclosed.
TPG Growth completed a significant growth equity investment in Keter Environmental Services, a US-based full-service recycling and waste management company. The capital will be used to broaden Keter's service offerings, strengthen its salesforce, expand go-to-market capabilities, and support strategic acquisitions to accelerate growth.
Casella Waste Systems, Inc. (NASDAQ: CWST) acquired Willimantic Waste Paper Co., Inc., a Connecticut-based residential, commercial and roll-off collection and recycling operator, on July 26, 2021. The acquisition expands Casella's footprint into eastern Connecticut and adds a rail-served C&D processing/waste transfer facility and single-stream recycling operations, representing roughly $62 million of annualized revenues.
GZA GeoEnvironmental Inc. has acquired Ecosystem Consulting Service (ECS), a Coventry, Connecticut-based specialist in nature-based water-quality management and applied limnology. ECS will operate as a division of GZA from its Coventry location, with ECS President Dr. Robert W. Kortmann joining GZA as a Senior Consultant to expand GZA's water-quality and ecological capabilities.
TerraNova Partners LP has acquired York Analytical Laboratories, Inc., a regional environmental testing laboratory serving the NY/NJ/CT tri-state area. The private equity firm said the investment will provide financial and operational resources to accelerate growth, expand service offerings and support existing client relationships.
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Find buyers actively acquiring environmental services companies.
Recent Connecticut transactions span waste and recycling, regulated/universal waste recycling, organics management (including anaerobic digestion and composting), electronics recycling/ITAD, pest and termite control, and industrial water treatment.
Yes—recent examples include targets such as NLR Inc. (Connecticut, universal regulated waste recycler), National Waste Associates, LLC (Glastonbury, CT), Envirocare Pest Control (Watertown, CT), and North Atlantic Waste & Recycling (central and southern Connecticut).
Many deals emphasize expanding regional capabilities and footprints, including adding customer bases, teams, and fleet/service contracts (e.g., waste and recycling haulers and outsourced managed services).
Buyers include regional and national operators and platform-focused acquirers such as Reconomy, TerraCycle Commercial TM, Ewaste+, Reworld, Circular Services, Natural Upcycling, EAI Water, and Modern Pest Services (owned by Anticimex).