REPUBLIC SERVICES, INC. acquired Wasteco Holdings Inc., a transaction completed in March 2023, structured as Acquisition of all of the issued and outstanding shares and other equity interests of Wasteco Holdings Inc. and related subsidiaries.
Wasteco Holdings Inc. operates in Solid waste collection, transfer, disposal and recycling. In March 2023, Republic Services acquired all of the issued and outstanding shares and other equity interests of Wasteco Holdings Inc. and its related subsidiaries. Republic disclosed the transaction among its solid waste and recycling acquisitions for the year and stated it was not material to the company's results of operations, individually or in the aggregate; no separate purchase price or further detail on the business was disclosed.
The acquisition was part of Republic's strategy of growing through tuck-in acquisitions that leverage its core solid waste and recycling capabilities.
Advisory firms were not disclosed for this transaction.