Apollo Global Management Inc. (NYSE: APO) announced that Apollo-managed funds have acquired a majority interest in Noble Environmental, Inc., a waste management company based in Pittsburgh, Pennsylvania.

Noble Environmental operates as a vertically integrated waste management platform across the Northeast, Mid-Atlantic and Midwest United States. The company provides solid waste collection, hauling, transfer and disposal services to municipalities and commercial customers. Noble Environmental also operates renewable natural gas facilities that capture and convert landfill gas into pipeline-quality fuel.

Founded in 2016, Noble Environmental owns landfills, transfer stations and hauling operations. The company's portfolio includes what it describes as long-life hard assets serving communities in its operating regions.

"Noble Environmental has built a differentiated platform in one of the most attractive waste markets in the country," said Scott Browning and Brad Fierstein, Partners at Apollo. "The combination of scarce, permitted landfill assets, a fully integrated service offering and a growing RNG business creates a compelling foundation for long-term value creation."

David Florance, President and Chief Operating Officer of Noble Environmental, stated that Apollo's experience and resources will support the company's growth plans. "Apollo shares that vision, and their experience and resources will be invaluable as we continue to execute on our vision to grow the business," Florance said.

Latham & Watkins LLP served as legal counsel to Apollo Funds. Guggenheim Securities, LLC acted as financial advisor to Noble Environmental's Strategic Alternatives Committee, with Vinson & Elkins LLP providing legal counsel to the committee.

Apollo manages approximately $1.03 trillion in assets under management as of March 31, 2026, according to the company's statement.