M&A Deal Summary

Republic Services Acquires Shamrock Environmental

On February 14, 2025, Republic Services acquired environmental company Shamrock Environmental from CenterOak Partners

Acquisition Highlights
  • This is Republic Services’ 14th transaction in the Environmental sector.
  • This is Republic Services’ 14th transaction in the United States.
  • This is Republic Services’ 2nd transaction in North Carolina.

M&A Deal Summary

Date 2025-02-14
Target Shamrock Environmental
Sector Environmental
Buyer(s) Republic Services
Sellers(s) CenterOak Partners
Deal Type Add-on Acquisition
Advisor(s) Houlihan Lokey
Brown Gibbons Lang (BGL) (Financial)
Gibson, Dunn & Crutcher (Legal)

Target

Shamrock Environmental

Browns Summit, North Carolina, United States
Shamrock Environmental provides essential environmental services, including non-hazardous wastewater treatment, waste management, industrial services, and remediation. Leveraging the company’s owned Centralized Wastewater Treatment (“CWT”) facility and fleet of tankers and vacuum trucks, it provides mission-critical wastewater treatment and routine industrial services to customers in diverse end markets across the Southeast U.S. Shamrock Environmental was founded in 1994 and is based in Browns Summit, North Carolina.

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Buyer(S) 1

Buyer

Republic Services

Phoenix, Arizona, United States

Category Company
Founded 1996
Sector Environmental
Employees42,000
Revenue 16.0B USD (2024)
DESCRIPTION
Entrance to Republic Services' corporate headquarters in Phoenix, Arizona.
Entrance to Republic Services' corporate headquarters in Phoenix, Arizona.

Republic Services is a provider of non-hazardous solid waste collection services for commercial, industrial, municipal and residential customers across the US and Puerto Rico. Republic Services owns or operates transfer stations, active solid waste landfills and recycling centers. The Company also operates landfill gas and renewable energy projects. Republic Services was formed in 1996 and is based in Phoenix, Arizona.


DEAL STATS #
Overall 15 of 15
Sector: Environmental M&A 14 of 14
Type: Add-on Acquisition M&A Deals 12 of 12
State: North Carolina M&A 2 of 2
Country: United States M&A 14 of 14
Year: 2025 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2023-06-05 GFL Environmental - Colorado & New Mexico Operations

United States

GFL Environmental's Colorado & New Mexico Operations provides recycling, collection, and disposal assets in four Colorado markets – Denver, Colorado Springs, Durango, and Cañon City – as well as the Bloomfield, N.M., market.

Buy -

Seller(S) 1

SELLER

CenterOak Partners

Investor Investor Investor Investor Investor


Category Private Equity Firm
Founded 2014
PE ASSETS 2.5B USD
Size Large
Type Sector Agnostic
DESCRIPTION

CenterOak Partners is a private equity firm focused on making control-oriented investments in middle-market companies operating in the industrial, consumer, and business services sectors. The Firm will consider opportunities throughout the US and targets companies valued between $50 to $500 million. Prospective transaction situations include buyouts, recapitalizations, consolidations, and non-core divestitures. CenterOak Partners was formed in 2014 and is headquartered in Dallas, Texas.


DEAL STATS #
Overall 9 of 9
Sector: Environmental M&A 1 of 1
Type: Add-on Acquisition M&A Deals 4 of 4
State: North Carolina M&A 1 of 1
Country: United States M&A 9 of 9
Year: 2025 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2025-01-09 Solid Ground Solutions

Columbus, Ohio, United States

Solid Ground Solutions is a provider of foundation repair solutions. The company operates through two divisions a full-service foundation repair and basement waterproofing division, and a product distribution division. The company’s comprehensive service offering includes foundation repair, basement waterproofing, crawlspace encapsulation, and a range of ancillary services. Additionally, the company supplies high-quality foundation repair and waterproofing products. Solid Ground Solutions is based in Columbus, Ohio.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2025-06-30 Now CFO

Salt Lake City, Utah, United States

Now CFO offers a comprehensive suite of outsourced solutions, including controller as a service, staff accounting, interim CFO services, and financial reporting services. Now CFO was founded in 2005 and is absed in Salt Lake City, Utah.

Buy -