Casella Waste Systems, Inc. (NasdaqGS:CWST) entered in an asset purchase agreement to acquire Assets of Consolidated Waste Services, LLC for approximately $220 million on June 9, 2023. In connection with the Twin Bridges Acquisition, Casella entered into a commitment letter with Raymond James Bank, Stifel Bank & Trust and Stifel, Nicolaus & Company, Incorporated to obtain an unsecured 364-day bridge loan facility of up to $200.0 million. The transaction will be funded with a portion of the net proceeds from the offering, together with cash on hand. The transaction is subject to customary closing conditions, including the expiration or termination of any applicable waiting period under the HSR Act, and the absence of any order issued by any governmental authority or law restraining, enjoining or otherwise prohibiting the consummation of the transactions contemplated by the Twin Bridges Purchase Agreement. The acquisition was unanimously approved by Casella's Board of Directors, and is subject to customary closing conditions, including regulatory approvals. The transaction is expected to close by the fourth quarter of 2023.

Casella Waste Systems, Inc. (NasdaqGS:CWST) acquired Assets of Consolidated Waste Services, LLC on September 1, 2023. The purchase price of the acquisition was approximately $219 million and was funded through proceeds from the Company's equity offering completed on June 16, 2023.