$CLH (CLEAN HARBORS) — 8-K: Clean Harbors to acquire EnviroServe for $470 million cash

Clean Harbors will acquire EnviroServe for $470 million in cash, adding a network of 40 locations and nearly 2,500 customers. EnviroServe is expected to generate annual Adjusted EBITDA of approximately $27 million on approximately $250 million of revenues. Clean Harbors anticipates approximately $25 million in cost synergies over the first two years, equating to a post-synergy acquisition multiple of approximately nine times Adjusted EBITDA. The transaction is expected to close in the second half of 2026.

Clean Harbors will acquire EnviroServe for $470 million in cash, adding a network of 40 locations and nearly 2,500 customers. EnviroServe is expected to generate annual Adjusted EBITDA of approximately $27 million on approximately $250 million of revenues. Clean Harbors anticipates approximately $25 million in cost synergies over the first two years, equating to a post-synergy acquisition multiple of approximately nine times Adjusted EBITDA. The transaction is expected to close in the second half of 2026.