REPUBLIC SERVICES, INC. acquired ACV Enviro Corporation, a transaction completed in August 2021, structured as Acquisition of all of the issued and outstanding shares of ACV Enviro Corporation.
ACV Enviro Corporation operates in Environmental Solutions, is based in United States (northeastern U.S.). In August 2021, Republic Services acquired all of the issued and outstanding shares of ACV Enviro Corporation. ACV's environmental solutions operations were concentrated in the northeastern United States, providing hazardous and non-hazardous waste handling and related environmental services. Republic positioned the acquisition as a platform to pursue additional growth in its environmental solutions line of business. The company disclosed the acquisition was not material to its results of operations, individually or in the aggregate, and did not provide a separate purchase price.
ACV Enviro gave Republic a platform to pursue additional growth in its environmental solutions line of business, expanding its presence in the northeastern United States.
Advisory firms were not disclosed for this transaction.