Acquiring Company
Cleanaway Waste Management
Acquired Company
Citywide Waste
Description
Cleanaway Waste Management has completed its $110 million acquisition of Citywide Service Solutions' waste and recycling business. This acquisition adds 200 team members and the Dynon Road Transfer Station, Victoria's second-largest waste transfer station. Cleanaway plans to invest $35 million to upgrade the facility. The acquisition follows approval from the competition regulator and enhances Cleanaway's operational capacity in Melbourne.
FundzWatch™ Score
73
High M&A Activity
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