Description
Environmental Business Journal, Volume 35 Numbers 9/10: Q4 2022 The Waste Management Industry
This edition of Environmental Business Journal presents a summary of the $121 billion U.S. waste management industry with market quantification and industry landscape data tables in solid, hazardous and liquid waste segments. Consolidation of still fragmented market segments remains a viable growth and investment strategy for leaders and private equity firms. Key merger and acquisition and financing activity is highlighted in the business overview with numerous examples of strategic plays and new entries into markets in technology, automation, secondary materials processing and products, clean energy and renewable fuels.
Featured articles include a deep dive into two major transactions in the environmental consulting & engineering industry in 2022: WSP acquiring Wood Environment & Infrastructure with an insider look at the deal and plans for the WSP Earth & Environment business unit; GAI Consultants ownership transition transaction with Comvest, and a Q&A with the still serving CEO’s 50-year perspective on the company and the transaction.
Sustainability, ESG and energy transition strategies in servce offering and market positioning are discussed by key players in the C&E market including ICF, Point B, KPMG, EA, Jacobs, Anthesis, ERM, Arcadis, along with profiles of a few notable entrants into the environmental industry.
Table of Contents
The Waste Management Industry accounted for $121 billion in revenues in 2021 and high growth in 2022. Strategies vary across segments as leaders and financiers invest in consolidation, adjacent markets, technology and clean energy 1-15
Deal of the Year: WSP Acquires Wood E&I; New WSP Earth & Environment President Joe Sczurko Takes on Integration and Growth Plans 16
GAI Consultants Completes Partnership Deal with Comvest Partners; Q&A with CEO Gary DeJidas on his 50th Anniversary with the Company 20
Halle Capital Forms True Environmental as a New Platform C&E Firm 23
ICF Acquires Blanton & Associates to Support Large Infrastructure Projects and to Build its Environmental Presence in Texas 25
KPMG Finds Big Shifts But Only Small Steps in its 2022 Global Survey of Sustainability Reporting Across the World’s Biggest Companies 27
Anthesis and Jacobs Respond to Market Drivers in Sustainability 30
ERM’s CEO on Digital Transformation, ESG and Key Megatrends 31
WSP Increases Focus on Transportation and Transit Planning 33
Clearyst Acquires Green Business Bureau and Expands Reach In Digital ESG 35
Arcadis Grows Sustainability Team With Key Hires From Advisory and Tech 36
Point B Expands ESG Acquisition of Sustainable Business Consulting 39
EA ES&T Strengthens Position at the Forefront of Coastal Resilience Research 41
Ingenium Leads Haz Waste Clients Into Zero Waste and Sustainability 43
Ketos Raises $40 Million for Water Intelligence; Accenture Follows On 44
Concrete Merger Creates Environmental Containment Corporation 46
AEC Advisors Sees Rise In Growth, Profits, Valuations and in the Influence of Private Equity on the AEC industry 47
Exhibits
Growth of the Waste Management Industry, 2016-2026
Annual Growth in Waste Management Segments, 2016-2026
U.S. Waste Management Industry, 2019-2022: SW, HW & LW
2021 Universe of Solid Waste Companies
2021 Universe of Hazardous Waste Companies
USA 2020 Universe of Liquid Waste Companies
U.S. Environmental Industry: Revenues by Media in 2021 in $Billions
M&A Activity of Solid Waste Leaders: As of Q3 2022
Materials Landfilled in the U.S. Municipal Waste Stream, 1960 to 2018 (in tons)
Generation, Recycling and Composting, by material, 1960 to 2018 (thousand tons)
Recycling and Composting, by material, 1960 to 2018 (thousand tons)
Revenues of Solid Waste Leaders: 3Qs in 2022 vs. 3Qs in 2021
Clean Harbors 3Q Revenues, 2021-2022
Highlights of WSP Investor Presentation on the Wood E&I Deal
KPMG: Increase in Sustainability Reporting 1999-2022
Global Reporting of Carbon Targets, 2017-2022
AEC Ownership Today Vs. Five Years Ago; Increase in Private Equity
Organic Revenue Growth by Firm Size
EBJ Company Index
Accenture 45
Accenture Ventures 45
ACV Enviro 11
Advanced Disposal 4
AEC Advisors 22, 47, 49
Amec Foster Wheeler 16
Anthesis 30
Arcadis 36
Archaea Energy Inc. 15, 58
Aurora Capital Partners 14
BeyondNetZero 15
Biologic Env’l Svcs & Waste Solutions 14
Blanton & Associates 25
BP 15
Bulk Handling Systems 12
Clean Harbors 5
Clearyst Inc. 35
Coco Paving Inc. 9
Compology 15
Covanta 14
Creative Systems and Consulting 26
Curtis Bay Medical Waste Services. 14
EA Engineering 41, 42
Energy Capital Partners 6
EnergySolutions 6
Enterprise Science and Computing 26
Environmental 360 Solutions 5
Environmental Containment Corporation 46
EQT Infrastructure 14
ERM Group 31
GAI Consultants Inc. 20, 22
General Atlantic 15
GFL Environmental Inc. 4, 9
GHD 44
Golder 16
Green Business Bureau 35
Green Infrastructure Partners Inc. 9
Halle Capital 23, 24
Hydrochem 5
ICF 25
INGENIUM 43
I Squared Capital 14
Jacobs 30
John Wood Group plc 16
KETOS 44
KPMG 27, 28
Liquid Waste Solutions 5
Machinex Technologies 12
Miller Environmental Transfer 14
National Precast 46
Newalta Corporation 11
Nextcontinent 39
Pace Analytical 14
Pixxel 45
Point B 39
pulsESG 45
Republic Services Group 4, 11
RoadRunner Recycling 15
Secure Energy Services Inc. 11
SemanticBits 26
Sims Municipal Recycling 12
Stericycle Inc. 10
Superior Concrete 46
Sustainable Business Consulting 40
Tervita Corporation 11
TriArtisan Capital Advisors 6
True Environmental 23, 24
UN-Habitat 36
Unreasonable 45
US Ecology Inc. 4, 11
U.S. Environmental Protection Agency 2
Van Dyk Recycling Solutions 12
VLS Environmental Solutions 5, 14
Waste Dive 5
Waste Management 4
WSP 16, 17, 33
WSP Global Inc. 16
For more information on the Environmental Industry, click here to visit the EBJ homepage.
