AcquisitionsMay 12, 2026, 08:02 AM
Apollo Funds Acquire Majority Stake in Noble Environmental
AI Summary
Apollo-managed funds have acquired a majority interest in Noble Environmental, Inc., a vertically integrated waste management platform headquartered in Pittsburgh, Pennsylvania. Noble Environmental is a regional leader providing integrated services including solid waste collection, hauling, transfer, and disposal, alongside a growing Renewable Natural Gas (RNG) business. Apollo highlighted Noble's differentiated platform, scarce permitted landfill assets, and integrated service offering as a compelling foundation for long-term value creation. Noble Environmental's President and COO, David Florance, expressed enthusiasm for Apollo's experience and resources in supporting the company's growth vision.
Key Highlights
- Apollo-managed funds acquired a majority interest in Noble Environmental.
- Noble Environmental is a vertically integrated waste management platform.
- Noble operates across the Northeast, Mid-Atlantic, and Midwest United States.
- The company provides solid waste collection, hauling, transfer, and disposal services.
- Noble Environmental also has a growing Renewable Natural Gas (RNG) business.
- Apollo had approximately $1.03 trillion of assets under management as of March 31, 2026.