Waste & Recycling – December 2020

Consolidation Continues To Shape Landscape Across The Waste & Recycling Industry

Capstone’s December 2020 Waste & Recycling Update reports rapid consolidation in the past few years, has resulted in public strategic buyers allocating substantial capital toward acquisitions of regionally-focused operators to increase market share. As competition tightens among these dominant public companies, smaller, regional leaders will be poised to attract M&A interest. Industry participants with diverse revenue streams across a manifold of industries and customer bases are expected to retain defensibility and continue to see steady performance amid virus-induced uncertainty.

Included in the report:

• Private equity buyers accounted for what percentage of YTD deal activity
• Major public strategic buyers have continued or resumed M&A for what a few key factors
• What has caused public strategic buyers allocating substantial capital toward acquisitions of regionally-focused operators and why