Casella acquires two New York haulers

Casella Waste Systems Inc. announced Oct. 3 that it has acquired the assets of two New York-based haulers.

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October 5, 2018
Edited by Adam Redling
Hauling Mergers and Acquisitions

Casella Waste Systems Inc., Rutland, Vermont, announced Oct. 3 that it has acquired the assets of WeCare Waste & Recycling LLC and of Valley Sanitation. Both transactions closed on Oct. 1.

WeCare is a provider of residential, commercial and roll-off collection services in the Geneva and Ithaca, New York, marketplaces. Valley is a provider of residential and commercial collection services in the Plattsburgh, New York marketplace. In total, the Casella expects to generate approximately $5 million of annualized revenues from the WeCare and Valley acquisitions. 

“As part of our 2021 strategic plan, we set a goal of $20 million to $40 million per year of acquisition or development activity,” John Casella, chairman and CEO of Casella Waste Systems, says. “Including the acquisition of WeCare and Valley, we have acquired roughly $55 million of annualized revenues during 2018, which puts us ahead of our goal for the year. [We expect this] will drive higher cash flows and growth in key markets. Further, our active pipeline of potential acquisition targets remains robust.

“WeCare and Valley both have well-run businesses that will tuck-in well with our existing operations and allow us to build further route density and drive operational efficiencies in these key markets,” Casella says. “We look forward to continuing to provide excellent service to their customers and the communities they serve.”