1、Environmental ServicesM&A UpdateQ1 2026REPORT CONTRIBUTORSFor more information on R.L Hulett or this report please visit our website at ,call us at(314)721-0607,or contact a professional listed on this page.REPORT HIGHLIGHTS In Q1,the NYSE Arca Environmental Services Index decreased by 0.8%,outperfo
2、rming the S&P 500 which saw a 4.8%decrease over the same period.The median EV/Revenue multiple for reported private equity deals in the Environmental Services sector increased to 5.8x in Q1 from 1.4x in 2025,and increased for strategic deals to 3.3x from 1.2x in the prior year.M&A deal volume in the
3、 sector increased 5.7%in Q1 to 168 deals from 159 in Q4 2025,and increased 30.2%from 129 deals in Q1 of the prior year.North America was the most active region in Q1 with 82 deals.Most notable in North America was an undisclosed investors$36.6 million investment into CVW Sustainable Royalties,a Calg
4、ary-based provider of waste-to-resource recovery solutions.As a%of total capital invested in M&A transactions in Q1,PE participation declined slightly to 76.6%,down from 80.1%in 2025.CONTENTS3 Global Deal Analytics7 Valuation Multiples10 Leading M&A Deals13 Industry Outlook14 About R.L.Hulett16 Sele
5、cted Transactions18 Our M&A TeamEnvironmental Services M&A UpdateQ1 2026Trevor HulettManaging DRyan HartmanADax KugelmanAEnvironmental Services M&A Update|Q1 2026|Page 3Source:PitchBook DataGlobal Deal Analytics7366124Of the 168 deals in the Environmental Services sector in Q1,North America was the
6、most active with 82.A notable North American deal in the quarter(in addition to the CVW Sustainable Royalties deal mentioned on the previous page)was an undisclosed investors$20 million investment into Abundia Global Impact Group,a Houston-based provider of waste-to-energy and recycling technology s