WM has acquired the residential and commercial operations of HBS Trash Services, a private equity-backed provider in Colorado, in a deal that closed on June 1. HBS, owned by Eagle River Capital, will retain its contractor services and roll-off dumpster rental operations while refocusing on the home building industry. The acquired operations include residential waste and recycling collection for 11 cities along Colorado's Front Range, including Denver suburbs like Littleton and Lakewood. WM, which already has a significant presence in the region, expects to open a new materials recovery facility in the Denver area in July. The acquisition comes as WM plans to spend between $100 and $200 million on mergers and acquisitions in 2026, following a quiet period focused on integrating Stericycle assets.
Waste Management IncWM acquires HBS Trash Services operations, expanding its residential and commercial waste collection in Colorado, with plans for $100-200M M&A in 2026.