Casella acquires two Mid-Atlantic region companies

Casella Waste Systems Inc., Rutland, Vermont, has acquired two solid waste businesses with operations in the Mid-Atlantic: LMR Disposal LLC, Phillipsburg, New Jersey, and Whitetail Disposal Inc. Perkiomenville, Pennsylvania. The acquisitions closed in July and August.

“We are very excited about the acquisitions of Whitetail and LMR as they represent continued execution against our disciplined growth strategy, further expanding our operations in the Mid-Atlantic where we are densifying and expanding operations,” Casella Waste Systems CEO John W. Casella says. “Both businesses fit nicely with our existing regional platform acquired last year and present us with additional growth opportunities.

“We are pleased to welcome the hardworking employees of Whitetail and LMR to our team and we look forward to partnering with the prior owners to help ensure a smooth transition for our new customers and operations."

The acquisitions include collection operations across eastern Pennsylvania and western New Jersey, complementing Casella's existing operations in the Mid-Atlantic region. The company expects to generate more than $100 million of total annualized revenues from the two acquisitions.

Casella Waste Systems also referred to the acquisitions in comments accompanying its second quarter 2024 financial results.

In that announcement, Casella Waste reported improved year-on-year revenue and net income figures, but it lowered its forecasted guidance figure for net income for the entire year by from $15 million to $20 million.