Casella waste systems, inc. completes acquisition of select solid waste operations from gfl environmental inc.

Rutland, vt., july 03, 2023 (globe newswire) -- casella waste systems, inc. (nasdaq: cwst), a regional solid waste, recycling, and resource management services company, announced that it completed the acquisition of the pennsylvania, delaware, and maryland collection, transfer, and recycling operations of gfl environmental inc. (“gfl”) on june 30, 2023. the purchase price of the acquisition was approximately $525 million and was funded through a combination of the company's new $430 million term loan a under its existing senior secured credit facility and proceeds from the company's recent equity offering.
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