Reconomy acquires Integrated Waste Analysts to expand U.S. services
Reconomy will expand its position in North America to accelerate circular solutions and waste processing systems
Reconomy, the international circular economy specialist, has acquired Integrated Waste Analysts through Lincoln Waste Solutions.
Integrated Waste Analysts by Reconomy
Founded in 1996 and headquartered in Hanover, Maryland, Integrated Waste Analysts is a waste management and recycling solutions provider for industrial waste, equipment rental, and commodity management companies. It counts leading U.S. brands such as Tesla, Lansing Building Products, Parts Authority, and Freedom Forever among its clients.
Having scaled its operations across the U.K. and Europe, Reconomy has been focused on executing the next phase of its growth strategy to build a material position in the U.S. to capitalize on the significant opportunities in the world's largest market. The region produces ten times more waste than the U.K., yet has linear resource chains, low recycling rates, and an over-reliance on landfill and incineration.
The addition of Integrated Waste Analysts — Reconomy's seventh acquisition in North America, completed shortly after the acquisition of National Waste Associates last month — brings major expertise and capabilities to Lincoln, cementing its position as a top five waste operator in the U.S. As Reconomy's first acquisition in this region, Lincoln Waste Solutions by Reconomy remains its core brand in North America and the platform through which further acquisitions are being added.
Voices from the merger
Guy Wakeley, chief executive of Reconomy, commented: "Integrated Waste Analysts is an important acquisition which brings new capabilities to our rapidly growing U.S. operations. We have now completed seven acquisitions in North America in just over a year and built a top five waste and recycling management business from scratch. This is in line with our strategic priorities of attaining leading positions in our core international markets and our commitment to allocating capital to where the most attractive opportunities lie.
"With our unrivalled data assets, technology capabilities, global footprint, and asset-light model, we are perfectly positioned to capture opportunities in our large, addressable markets, deliver superior earnings growth, and help customers embrace the circular economy, lower costs, and emissions."
Michael Williams, executive vice president, Circular Solutions, North America, at Reconomy, said: "Integrated Waste Analysts is a strong strategic fit with Lincoln Waste Solutions by Reconomy. This acquisition expands our capabilities, enhances our customer offering, and positions us well to continue to scale our operations across North America."
Michael Keough, co-founder and president of Integrated Waste Analysts, said: "We are excited to be joining forces with Lincoln Waste Solutions by Reconomy. Its strong position in North America and commitment to scaling further across this region, along with its industry-leading expertise in waste management, data, and technology, will enable us to deliver even better services to our customers and accelerate our growth. We are grateful to our colleagues for their hard work and dedication in getting us to this milestone, and to our advisors, Evergreen Advisors Capital, for their support throughout the process."
