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Interstate Waste Services Acquires Solterra Recycling Solutions

May 10, 2022•over 3 years ago

Acquiring Company

Interstate Waste Services

Acquired Company

Interstate Waste Services

TeaneckData And AnalyticsSoftwareEnvironmental Consulting

Description

Interstate Waste Services, Inc. ("IWS") is pleased to announce the acquisition of Solterra Recycling Solutions based in Ewing Township, NJ. Solterra Recycling Solutions ("Solterra"), founded in 2014, is a non-hazardous solid waste, organic waste and recycling collection provider serving residential and commercial customers throughout the central New Jersey and the Philadelphia market.

Company Information

Company

Interstate Waste Services

About

Interstate Waste Services, Inc. ("IWS") is a vertically integrated provider of solid waste and recycling services in the New York and New Jersey market. IWS operates over 400 collection vehicles throughout Northern and Central New Jersey, the five boroughs of NYC, and Orange and Rockland Counties in New York, which are serviced by a network of 22 transfer/transload facilities and a rail-served solid waste landfill. IWS is one of the most progressive and innovative providers of non-hazardous waste management services with a diverse range of residential, industrial, and commercial customers. For more information, please visit www.interstatewaste.com. SOURCE Interstate Waste Services, Inc.

M&A Insights

Based on deal data
Integration 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