Covanta

Morristown, United States Founded: 1983 • Age: 43 yrs Acquired By EQT
Provider of waste recycling services
Annual revenue - Latest available
Total funding - 3 rounds
Employees - Tracked headcount
Investors 1 Known backers
Products 4 Services tracked
Competitors 10 Brand Intelligence

About Covanta

Covanta is a company based in Morristown (United States) founded in 1983 was acquired by EQT in July 2021. Covanta has completed 10 acquisitions, including BIOLOGIC, Buffalo Fuel and CIRCON Environmental. Covanta offers products and services including ReDirect360, ReKiln Fuels, ReDrop Wastewater Solutions, and ReMove Waste Logistics. Covanta operates in a competitive market with competitors including Lakeshore Recycling, CMC, TerraCycle, Vertex Energy and Coastal Waste & Recycling, among others.

  • Headquarter Morristown, United States
  • Stage Public
  • Sectors
    Environment
  • Phone
    Locked
  • Website
    Locked
  • Social
    Locked
  • Legal Name Reworld Waste, Llc
Operational Areas
Environment → Environmental Management & Pollution Control Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    Not available
  • EBITDA
    Not available
  • Latest Funding Round
    $50 M (USD), Debt – Conventional

    Aug 22, 2019

  • Investors
  • Employee Count
    Not available
  • Investments & Acquisitions
    BIOLOGIC

    & 9 more

  • Acquired by
    EQT

    (Jul 14, 2021)

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Products & Services of Covanta

Covanta offers a comprehensive portfolio of products and services, including ReDirect360, ReKiln Fuels, ReDrop Wastewater Solutions, and ReMove Waste Logistics.

Product name locked
Category locked
Primary

Platform for achieving zero waste-to-landfill through diversion strategies.

Product name locked
Category locked
Locked

Service converting waste into alternative fuels for energy recovery.

Product name locked
Category locked
Locked

System for treating and recycling industrial wastewater effectively.

Product name locked
Category locked
Locked

Logistics for efficient waste transportation and handling processes.

People of Covanta

Headcount 1000-5000
Employee Profiles 67
Board Members and Advisors 6
Employee Profiles
People
José Palma
Solution Sales Manager
People
Derick Hilker
Solutions Sales Manager
People
Pradeesh R. Simpson
Regional Sales Director
People
Jennifer McLimans
Sr. Director Client Services

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Board Members and Advisors
people
Katherine Ryzhaya
Director
people
Bob Preston
Director
people
Elliott Laws
Director
people
Howard Lance
Chairman

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Funding Insights of Covanta

Investors in Covanta

Covanta has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include EQT.

All
Venture Fund
Investor Description Founded Year Domain Location
EQT is recognized as a global investment organization focused on value creation.
Locked Locked Locked
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Investor details for Covanta

Investor domains, locations, round participation, and complete history require an active premium plan.

  • Investor domains
  • Investor locations
  • Funding rounds
  • Participation history

Verified entity values are shown only after access is granted.

Investments & Acquisitions by Covanta

Covanta has strategically engaged in corporate development activities, having acquired 10 companies. Notable acquisitions include BIOLOGIC, Buffalo Fuel and CIRCON Environmental.

Investments
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Investment portfolio details for Covanta

Portfolio company identities, transaction dates, round details, and investment values require an active premium plan.

  • Portfolio identities
  • Transaction dates
  • Round details
  • Investment values

Verified entity values are shown only after access is granted.

Acquisitions
Company Name Description Domain Location Founded Year Amount
Wastewater management services are provided in the United States.
Locked Locked 2014 Locked
Hazardous and non-hazardous waste and wastewater treatment services are provided.
Locked Locked 2013 Locked
Triple pass drying systems are distributed by Frontier Fibers.
Locked Locked 2011 Locked
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Complete acquisition details for Covanta

Transaction dates, acquired stakes, disclosed values, domains, and locations require an active premium plan.

  • Transaction dates
  • Acquired stakes
  • Disclosed values
  • Domains and locations

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Financial Statements - Covanta

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Detailed financials for Covanta

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  • Historical revenue
  • Profit trends
  • Statement rows
  • Financial ratios

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Covanta Comparisons

Covanta Primary company
Description
Provider of waste recycling services
Location
Morristown, United States
Founded Year
1983
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
Not available
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Peer comparison for Covanta

Named peer metrics, headcount, funding, location, and side-by-side benchmarks require an active premium plan.

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  • Headcount comparison
  • Funding comparison
  • Operating benchmarks

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Competitors of Covanta

Covanta operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Lakeshore Recycling, CMC, TerraCycle, Vertex Energy and Coastal Waste & Recycling, among others.

Company Name Domain Founded year HQ Location Description
Locked Locked Locked
Waste recycling services are provided across the United States.
Locked Locked Locked
CMC is engaged in metal recycling and steel production.
Locked Locked Locked
Waste recycling services for hard-to-recycle plastics are provided.
Locked Locked Locked
Waste recycling services in the oil industry are provided.
Locked Locked Locked
Solid waste disposal and recycling services are provided.
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Detailed competitors of Covanta

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  • Domains and locations
  • Full company profiles
  • Operating metrics
  • Competitive positioning

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Latest news on Covanta

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Complete news archive for Covanta

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  • Full article archive
  • Source and publication date
  • Older coverage
  • Brand-specific news history

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Frequently Asked Questions about Covanta

Covanta was founded in 1983 and raised its 1st funding round 29 years after it was founded.

Covanta is headquartered in Morristown, United States. It is registered at Morristown, New Jersey, United States.

Covanta was established in 1983 and is based in Morristown, United States. Activities are centered on the environmental services sector, with operations involving waste recycling and recovery processes. Services encompass collection, processing, and conversion of waste materials into usable resources, including energy generation. Facilities are maintained across North America to handle municipal and industrial waste streams, supporting diversion from landfills and compliance with regulations.

Covanta's top competitors include Vertex Energy, Coastal Waste & Recycling and Lakeshore Recycling.

Covanta offers ReDirect360, ReKiln Fuels, ReDrop Wastewater Solutions, and ReMove Waste Logistics.

Covanta has made 10 acquisitions, including BIOLOGIC, Buffalo Fuel, and CIRCON Environmental.

Covanta has 1 investor. Key investors include EQT.

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