Casella Waste Systems, Inc., a regional solid waste, recycling and resource management services company, has completed the acquisition of the collection, transfer, and recycling assets of Consolidated Waste Services, LLC and its affiliates (dba Twin Bridges) on September 1, 2023. The purchase price of the acquisition was approximately $219 million and was funded through proceeds from the company’s equity offering completed on June 16, 2023.
The acquisition includes two hauling operations, one transfer station, and one material recovery facility in the greater Albany, New York market, and is expected to generate total annualized revenues of approximately $70 million.