Casella Waste Systems, Inc. to Acquire Royal Carting and Welsh Sanitation to Extend Service Territory
Sep 09, 2024•over 1 year ago
Acquiring Company
Casella Waste Systems
Acquired Company
Royal Carting and Welsh Sanitation
Description
Casella Waste Systems, Inc. has entered into a definitive agreement to acquire Royal Carting and Welsh Sanitation, including related real estate assets. This acquisition is expected to generate over $90 million in annualized revenues and extend the company’s service territory into new adjacent markets.
M&A Insights
Based on deal dataIntegration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed