Bingo Industries
Bingo Industries is an Australian waste-management and recycling company serving residential and commercial customers.
Last updated August 31, 2026
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Overview
Bingo Industries is an Australian waste-management and recycling business whose operations grew from a small skip-bin company into an integrated provider of waste collection, resource recovery, recycling, waste-container manufacturing and related services. The company was founded in 2005 by the Tartak family after Tony Tartak purchased a small skip-bin operation. From that base, Bingo expanded its network and customer offering across the major Australian markets of Sydney and Melbourne, with later activity in south-east Queensland. The company’s core services have included skip-bin hire, commercial and residential waste collection, construction and demolition waste handling, and recycling. Its business model has relied on collecting discarded materials, sorting and processing recoverable inputs, and diverting material from landfill where possible. Bingo has also manufactured bins and other waste equipment through its TORO Waste Equipment subsidiary, allowing it to participate in both waste services and the supply of collection infrastructure. Before its public-market listing, Bingo had established a significant position in the Australian building and demolition waste market. In 2017 it floated on the Australian Securities Exchange at a launch price of A$1.85 per share. The initial public offering created substantial value for the founding family, which reportedly received approximately A$452 million while retaining a 30 percent holding at the time of the float. The listing provided capital and a public-company platform for further expansion. Acquisitions were central to Bingo’s growth strategy. In 2018 the company agreed to acquire Dial A Dump for A$578 million. The transaction expanded Bingo’s waste-processing and landfill-related assets and was approved by the Australian Competition and Consumer Commission in February 2019. Bingo subsequently continued to broaden its geographic reach and service capacity. In July 2022, after the company had been acquired by Macquarie Group, Bingo announced the acquisition of United Waste Services, a Brisbane-based waste and recycling operator with a fleet of 37 vehicles and more than 3,500 skip and hook bins serving south-east Queensland. Bingo was purchased by Macquarie Group for approximately A$2.3 billion in April 2021. The acquisition ended the company’s period as an ASX-listed public company and placed it under private ownership. The transaction reflected the strategic value of Australian waste and recycling infrastructure, but also marked a change from Bingo’s earlier expansion as a founder-led listed growth company. The business has also faced serious governance and competition-law issues. In October 2022, former chief executive Daniel Tartak pleaded guilty to criminal cartel offences connected with price fixing in Sydney in 2019. The matter became a significant reputational and regulatory issue for the company and its former leadership. Because ownership, corporate structure and operating arrangements changed after the Macquarie acquisition, current public information should be checked before treating Bingo Industries as a standalone listed entity. The brand remains associated with Australian waste collection, recycling and resource-recovery services, but its precise current corporate status and market footprint require further verification.
History
Bingo Industries began in 2005 when Tony Tartak acquired a small skip-bin company. The Tartak family developed the operation into a broader waste-management and recycling business, initially concentrating on the Sydney market and later building a presence in Melbourne. Its services expanded beyond basic bin hire to include residential and commercial waste collection, construction and demolition waste handling, recycling, resource recovery and the manufacture of waste containers and related equipment through TORO Waste Equipment. The company’s growth reflected the expansion of Australia’s private waste-services sector and increasing demand for recycling and landfill-diversion infrastructure. Before its public listing, Bingo had reportedly secured a 24 percent share of the building and demolition waste market. The business used both organic expansion and acquisitions to increase its collection network, processing capabilities and geographic coverage. In 2017 Bingo Industries floated on the Australian Securities Exchange at A$1.85 per share. The listing transformed the company from a family-founded private operator into a publicly traded growth company. The founders reportedly realized approximately A$452 million through the float while retaining a 30 percent stake. Public ownership gave Bingo access to capital for acquisitions and infrastructure development. A major expansion occurred in 2018 when Bingo agreed to acquire Dial A Dump for A$578 million. The Australian Competition and Consumer Commission approved the transaction in February 2019. The deal strengthened Bingo’s position in waste processing and related assets and became one of the defining acquisitions in the company’s expansion. The company continued operating across Sydney and Melbourne while developing an integrated model spanning collection, sorting, recycling and waste-equipment manufacturing. In April 2021 Macquarie Group purchased Bingo Industries for approximately A$2.3 billion. The acquisition removed Bingo from the ASX and placed the business under private ownership. It also demonstrated the value that financial and infrastructure investors placed on established waste and resource-recovery networks. Following the acquisition, Bingo continued to pursue geographic expansion. In July 2022 it announced the purchase of United Waste Services, a Brisbane-based waste and recycling business with 37 vehicles and more than 3,500 skip and hook bins serving Brisbane and the Gold Coast. Bingo’s history also includes a significant competition-law controversy. In October 2022 former chief executive Daniel Tartak pleaded guilty to criminal cartel offences concerning price fixing in Sydney in 2019. The plea created a serious reputational issue and linked the company’s former leadership to conduct investigated under Australia’s criminal cartel framework. The episode is an important part of the company’s corporate history, although the available reference material does not establish the full outcome of all related proceedings or the precise present-day corporate structure. Bingo Industries is therefore best understood as an Australian waste-services and recycling brand that evolved from a small family-owned skip-bin operation into a listed national-scale operator, expanded through acquisitions, and then became privately owned by Macquarie Group. Current ownership and operating details should be verified against up-to-date company or regulatory sources.
- 2022
United Waste Services acquisition announced
[1]Bingo announced the acquisition of United Waste Services, expanding into south-east Queensland.
- 2021
Acquired by Macquarie Group
[1]Macquarie Group purchased Bingo Industries for a reported A$2.3 billion, ending its ASX-listed period.
- 2019
Dial A Dump transaction approved
[1]The Australian Competition and Consumer Commission approved the Dial A Dump acquisition in February.
- 2018
Dial A Dump acquisition announced
[1]Bingo agreed to acquire Dial A Dump in a transaction reported at A$578 million.
- 2017
ASX listing
[1]Bingo Industries floated on the Australian Securities Exchange at a reported launch price of A$1.85 per share.
- 2005
Bingo Industries is founded
[1]Tony Tartak purchased a small skip-bin company, forming the basis of the Tartak family’s waste-management business.
Products and positioning
An integrated Australian waste-management and resource-recovery provider focused on collection, recycling, skip-bin services and waste infrastructure for residential, commercial, construction and demolition customers.
Waste collection · 2005
Skip-bin services
Bingo’s original and most recognizable service category involved the hire, delivery and collection of skip bins for residential, commercial, construction and demolition customers. The service supports short-term projects, building work, clean-outs and ongoing waste-management requirements.
Waste management
Residential waste services
The company provides waste-related services for households, including collection and disposal or recovery of material gathered through its residential operating network. The available reference material does not specify the full range of current household contracts or service formats.
Waste management
Commercial waste services
Bingo serves commercial customers through waste collection, bin services and associated handling of material. Commercial activity forms part of the company’s integrated model, alongside construction, demolition and recycling operations.
Recycling
Recycling and resource recovery
Bingo’s recycling operations process collected waste and seek to recover usable materials, particularly from construction and demolition streams. These activities connect collection with sorting, processing and landfill-diversion services.
Waste equipment manufacturing
TORO Waste Equipment
Through subsidiary TORO Waste Equipment, Bingo has operated in the manufacture of bins and waste-handling equipment. This capability complements the company’s service business by supplying infrastructure used in collection and waste operations.
Controversies
2022
Cartel and price-fixing offences involving former executive
Former Bingo Industries chief executive Daniel Tartak pleaded guilty in October 2022 to criminal cartel offences connected with price fixing in Sydney in 2019. The matter raised significant competition-law and governance concerns involving the company’s former leadership.
Brand decisions
2022
Acquisition of United Waste ServicesM&ABackground
Following the Macquarie acquisition, Bingo continued expanding its geographic coverage and collection capacity.
Action taken
Bingo announced the acquisition of Brisbane-based United Waste Services, which operated 37 vehicles and more than 3,500 skip and hook bins across south-east Queensland.
Aftermath
The transaction extended Bingo’s stated operating reach into Brisbane and the Gold Coast.
2021
Sale to Macquarie GroupM&ABackground
Bingo had become a substantial listed waste and recycling operator with operations in major Australian markets.
Action taken
Macquarie Group acquired Bingo Industries in a transaction reported at approximately A$2.3 billion.
Aftermath
Bingo ceased to be an ASX-listed company and continued under Macquarie ownership.
Reported acquisition value. Approximately A$2.3 billion (April 2021 acquisition)
2018
Acquisition of Dial A DumpM&ABackground
Bingo pursued acquisitions to increase its waste-processing capacity and strengthen its position in the Australian waste sector.
Action taken
The company agreed to acquire Dial A Dump for a reported A$578 million; the transaction was approved by the ACCC in February 2019.
Aftermath
The acquisition expanded Bingo’s operating assets and became a major step in its integrated waste-management strategy.
Reported acquisition value. A$578 million (2018 transaction)
2017
Public-market listingStrategyBackground
After expanding from its original skip-bin operation into waste collection, recycling and related equipment, Bingo sought public capital and a broader platform for growth.
Action taken
Bingo Industries floated on the Australian Securities Exchange at a reported launch price of A$1.85 per share.
Aftermath
The listing made Bingo a public company and supported its subsequent acquisition-led expansion.
ASX launch share price. A$1.85 per share (2017 listing)
Sources1 sources
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