M&A Deal Summary

Republic Services Acquires Tervita

On December 19, 2014, Republic Services acquired environmental company Tervita from Tervita for 485M USD

Acquisition Highlights
  • This is Republic Services’ 8th transaction in the Environmental sector.
  • This is Republic Services’ 3rd largest (disclosed) transaction.
  • This is Republic Services’ 7th transaction in the United States.

M&A Deal Summary

Date 2014-12-19
Target Tervita
Sector Environmental
Buyer(s) Republic Services
Sellers(s) Tervita
Deal Type Divestiture
Deal Value 485M USD

Target

Tervita

United States
Tervita is a pure-play environmental waste solutions provider serving oil and natural gas producers in the United States.

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Buyer(S) 1

Buyer

Republic Services

Phoenix, Arizona, United States

Category Company
Founded 1996
Sector Environmental
Employees41,000
Revenue 15.0B USD (2023)
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 8 of 14
Sector (Environmental) 8 of 13
Type (Divestiture) 1 of 2
Country (United States) 7 of 13
Year (2014) 2 of 2
Size (of disclosed) 3 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2014-10-01 Rainbow Environmental Services

Huntington Beach, California, United States

Rainbow Environmental Services, Inc. is a material solid waste collection and processing company.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2015-03-02 City Carton

Iowa City, Iowa, United States

City Carton Co., Inc. is a provides recycling services including computer destruction, carton recycling and sustainability audits for Iowa and the Midwest.

Buy -

Seller(S) 1

SELLER

Tervita

Calgary, Alberta, Canada

Category Company
Founded 1979
Sector Environmental
Employees1,213
Revenue 1.4B CAD (2020)
DESCRIPTION

Tervita is a North American environmental solutions provider. Its integrated earth, water, waste and resource solutions deliver safe and efficient results through all phases of a project by minimizing impact, maximizing returns. Tervita was founded in 1979 and is based in Calgary, Canada.


DEAL STATS #
Overall 1 of 2
Sector (Environmental) 1 of 2
Type (Divestiture) 1 of 2
Country (United States) 1 of 1
Year (2014) 1 of 1
Size (of disclosed) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2004-12-13 HAZCO Environmental Services

Calgary, Alberta, Canada

HAZCO Environmental Services Ltd. is a provider of environmental and decommissioning solutions, and environmental contracting services.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2016-06-20 Tervita - Victoria Treatment Facility

Victoria, British Columbia, Canada

Tervita Corp. - Victoria Treatment Facility handles multiple waste streams generated by shipyards, cruise ships, freighters, tankers and other marine vessels. The Facility is also supported by a field services operation that collects and manages household hazardous waste materials and performs lab-packing work for a variety of commercial and government customers on Vancouver Island.

Sell -