M&A Deal Summary

Waste Management Acquires Summit Energy Services

On August 1, 2013, Waste Management acquired energy services and equipment company Summit Energy Services

Acquisition Highlights
  • This is Waste Management’s 2nd transaction in the Energy Services and Equipment sector.
  • This is Waste Management’s 9th transaction in the United States.
  • This is Waste Management’s 2nd transaction in North Dakota.

M&A Deal Summary

Date 2013-08-01
Target Summit Energy Services
Sector Energy Services and Equipment
Buyer(s) Waste Management
Deal Type Add-on Acquisition

Target

Summit Energy Services

Williston, North Dakota, United States
Summit Energy Services conducts oil field contracting services better than anyone else because we have the best people, equipment and systems. We use superior tooling and technology to increase efficiency and safety at every possible opportunity.

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Buyer(S) 1

Buyer

Waste Management

Houston, Texas, United States

Category Company
Founded 1987
Sector Environmental
Employees48,250
Revenue 20.4B USD (2023)
DESCRIPTION
Entrance to Waste Management's corporate headquarters in the First City Tower in downtown Houston, Texas.
Entrance to Waste Management's corporate headquarters in the First City Tower in downtown Houston, Texas.

Waste Management is a provider of comprehensive waste management and environmental services in North America. The company operates a network of waste collection, recycling, and disposal facilities that serve residential, commercial, and industrial customers across the United States and Canada. Waste Management's services include garbage and recycling collection, hazardous waste disposal, landfill management, and renewable energy production. Waste Management was founded in 1987 and is based in Houston, Texas.


DEAL STATS #
Overall 10 of 22
Sector (Energy Services and Equipment) 2 of 2
Type (Add-on Acquisition) 9 of 19
State (North Dakota) 2 of 2
Country (United States) 9 of 21
Year (2013) 2 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2013-08-01 Liquid Logistics

Williston, North Dakota, United States

Liquid Logistics provides energy services.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2013-08-07 Oak Grove Disposal

Milwaukie, Oregon, United States

Oak Grove Disposal Co., Inc. provides recycling and waste collection services.

Buy -