Environmental & Facilities Services
Case studies in environmental & facilities services.
ABM Industries’ M&D Growth: What Follows Boise?
ABM Industries had expanded its Manufacturing & Distribution (M&D) business through organic growth and the February acquisition of WGNSTAR, a semiconductor-focused technical services provider. In September, ABM announced a Boise Technical Training Center expected to support about 500 participants annually at launch. Read case
Onterris: A Review Without a Bid
On August 5, Onterris, Inc. announced a Board-led strategic review. The review covers the company’s business, portfolio, capital allocation, long-range plan and strategic alternatives. Read case
Republic Services: can route density carry the circular economy?
Republic Services had reported steady revenue growth in 2025 and the first half of 2026. The result looked different depending on which driver an investor emphasized: customer price and average yield continued to add revenue, acquisitions contributed to growth, but reported volume was negative in both 2026 quarters. Read case
Rollins Inc.: Choosing the Next Layer of Growth
By late February 2024, Rollins had reported another year of growth across its pest-control businesses. The company operated through familiar brands such as Orkin and Fox Pest Control, serving residential and commercial customers with recurring pest, termite, and ancillary services. Read case
Veralto: How tightly should TraceGains connect with Esko?
On October 23, Veralto's hypothetical integration steering team was preparing its first 12–18-month plan for TraceGains, the food-industry software company it had acquired earlier that month. The transaction was complete. The next question was how the two organizations should work together. Read case
Waste Management and Stericycle: Designing the Integration
On June 3, 2024, Waste Management, Inc. (WM) and Stericycle announced a definitive agreement under which WM would acquire Stericycle for $62 per share in cash. Both boards had unanimously approved the transaction. The announced enterprise value was approximately $7.2 billion, including about $1.4 billion of Stericycle net debt. Read case