$CLH

Clean Harbors To Buy EnviroServe For $470 Mln In Cash

Clean Harbors (CLH) said it will buy EnviroServe, a national environmental and waste services provider, from an affiliate of One Rock Capital Partners for $470 million in cash. The company expects about $25 million in cost synergies over two years and funding via cash plus additional debt. Closing is expected in 2H 2026. CLH was down 1.26% premarket at $307.53.

Original reporting
Published Aug 12, 2026, 2:30 PM UTC
Analysis
alphai AI DeskAI-generated
Added to alphai Aug 12, 2026, 3:17 PM UTC. Informational, not investment advice.
How this was made
alphai summarizes source reporting and applies a structured AI analysis for relevance, timing, sentiment and ticker impact. Always verify material claims with the original publisher.
alphai market briefMergers & acquisitions
Primary signal
$CLH
Bullish
medium confidence
Mentioned
$CLH
Relevance
8/10
alphai data visualization · based on rttnews.com
Decision brief

The 30-second read

$CLHBullishMed
01

Why it matters

Traders can update CLH’s deal-implied valuation, synergy credibility, and financing risk profile based on the disclosed $470 million cash consideration, $25 million two-year synergy target, and expected 2H 2026 close.

02

Market read

A disclosed, cash-funded M&A transaction with quantified synergies and a stated closing window is a fresh catalyst for CLH.

03

What to watch

The article does not detail purchase price allocation, integration costs, or any regulatory/antitrust review timeline, which can materially affect deal timing and economics.

Relevance 8/10Novelty 8/10Timing: pre-market today

Background

Clean Harbors is expanding its technical, field, disposal, and recycling capabilities via the acquisition of EnviroServe.

Company-level read

Ticker impact

$CLHBullishMedium confidence
Context

Clean Harbors announced a $470 million cash acquisition of EnviroServe, targeting cost synergies of about $25 million over two years.

Expected impact

Likely supportive for CLH on deal headlines, but volatility expected around financing terms and closing timeline into 2H 2026.

Evidence & confidence

The article discloses deal size, cash funding plus additional debt, synergy estimate, and expected close window, which are actionable inputs for valuation and risk modeling.

Market effects

Could modestly reinforce consolidation expectations in environmental and waste management services, with potential competitive pressure on similarly sized regional operators.

No specific regional demand or regulatory trigger is cited; impact is primarily company-specific.

Limited global relevance; the transaction is framed as US-focused services and assets.

Counterpoint

Synergy claims may be optimistic, and the added debt could pressure credit metrics before benefits materialize.

Key entities

  • Clean Harbors, Inc.

    Acquirer planning to buy EnviroServe for $470 million in cash.

  • EnviroServe

    National environmental and waste management services provider being acquired.

  • One Rock Capital Partners, LLC

    Seller affiliate referenced as the current owner of EnviroServe.

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Clean Harbors (CLH) agreed to acquire EnviroServe for $470M in cash, with closing expected in H2 2026 subject to approvals. EnviroServe has about $250M revenue and ~$27M adjusted EBITDA, with ~85% recurring revenue. Clean Harbors expects ~$25M cost synergies over two years, implying ~9x post-synergy adjusted EBITDA, and anticipates accretion. Funding will use cash and additional debt.

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Clean Harbors buys EnviroServe for $470M to widen US waste network

Clean Harbors agreed to buy EnviroServe for $470M in cash from an affiliate of One Rock Capital Partners. The deal should close in 2H 2026, pending regulatory approval. EnviroServe has ~2,500 customers, 40 locations, permits in 48 states, and is expected to earn about $27M adjusted EBITDA on ~$250M revenue. Clean Harbors expects $25M cost synergies over two years.