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TickerAMBI
SectorWaste Management
Mkt cap$34M
EV / EBITDA4.8×
PostureQuiet Issuer
Composite16/100
LensTarget-side
SE-Cluster Research·Issuer Brief·Q2 2026CIK 1937441

Ambipar Emergency Response

AMBIQUIET ISSUERQUIET

Ambipar Emergency Response reads as Quiet Issuer (composite 16/100); pressure / disclosure signals dominate the posture this cycle · primary market Waste.

Lens

Disclosed M&A capital (2023–2025)

N/A

−99%

vs N/A in 2020–2022

Disclosed transactions

11

new

1/3 active fiscal years in window

Buyer archetype

Programmatic Roll-Up

High recurring acquisition cadence, usually with many smaller targets.

Composite score

16

/100

Quiet Issuer dominates · Quiet

Financial snapshot
Revenue$3.3B
EBITDA$655M
Enterprise value$3.1B
EV / Revenue1.0×
EV / EBITDA4.8×
P/EN/A
CashN/A
Total debtN/A
as of 2026-05-10
§ I·SE-Cluster Issuer Brief

Behavioral posture, nine reads.

Each index scores the issuer 0–100 against an EDGAR-anchored definition. Scores ≥ threshold elevate the issuer into the index's constituent set; the dominant index drives the masthead label.

Active Acquirer

8/100

Companies actively deploying disclosed capital into M&A

  • $51M disclosed buyer spend

Buyer Cadence

0/100

Buyer-side companies with recent filing activity

Target Probability

16/100

Issuers showing target-side patterns from filings

  • Control-process language

Spin/Carve

0/100

Issuers showing spin-off, carve-out, or sum-of-parts posture

Pressure Watch

11/100

Issuers facing activism, governance, or control pressure

  • Control-process filings

Distress Watch

12/100

Issuers showing financial-distress filing patterns

  • Missing recent 10-Q

Restatement Risk

13/100

Issuers with accounting-integrity flags from filings

  • 3 NT late filings
  • Latest event 1.1y ago

Capital Velocity

6/100

Issuers with the highest filing-activity intensity

Quiet Power

0/100

Large issuers with low signal volume and clean disclosure cadence

  • Enterprise value $3.1B
  • 5 active signals
§ II·SE-Cluster Issuer Brief

Capital cadence.

Ten-year disclosed M&A activity. Bars show spend ($MM); ticks show recorded transaction count. Disclosure tier annotated where v6 audited corpus carries an entry.

16
17
18
19
20
21
22
23
24
25

Disclosed spend $MM Disclosed transactions (right axis)Peak spend year: $51M · Peak count: 11

FYDisclosed buysDisclosed spendAvg ticketAudited tier
2025N/AN/AN/AN/A
202411N/AN/AN/A
2023N/AN/AN/AN/A
2022N/A$51MN/AN/A
2021N/AN/AN/AN/A
2020N/AN/AN/AN/A
§ III·SE-Cluster Issuer Brief

Strategy posture.

The buyer's playbook in terms of strategic archetype: what each disclosed move says about how they're deploying capital.

Archetype mix

  • Geographic Expansion
    33%
  • Horizontal Consolidation
    33%
  • Bolt On
    33%

Strategy keywords

Terms recurring across recent 10-K acquisition disclosures.

  • geographic_expansion
  • horizontal_consolidation
  • bolt_on
§ IV·SE-Cluster Issuer Brief

Filing language.

Direct excerpts from acquisition disclosures and strategy sections: the verbs the buyer chose, in the filings they signed.

difficulties in consolidating and integrating enterprise information technology, financial and administrative infrastructures, and integrating and harmonizing business and other back-office systems, which may be more difficult than anticipated

10-KFY2025

Competition in the acquisition targets and consolidation in our sector may limit our ability to grow through acquisitions.

10-KFY2024

The successful execution of mergers and acquisitions is a critical element of our global expansion strategy.

10-KFY2024

business and/or competitive factors, including consolidation in the sector in which we operate

10-KFY2025
§ V·SE-Cluster Issuer Brief

Market context.

Where this issuer sits inside its SE-Cluster rollup wedge, with disclosed-spend rank plus trading comparables against the public peer set.

Primary market

Waste

Market spend (2023–2025)
$24.4B
Market spend (2020–2022)
$21.3B
Recent vs prior
+15%
Issuer rank in market
N/A
Share of market capital
0.0%

Valuation positioning

4.8×EV / EBITDA

AMBI trades at a -10.0-turn discount to the Waste peer median of 14.7×.

EV / Revenue
1.0×
Net debt / EBITDA
N/A
Peer median EV / EBITDA
14.7×

Trading comparables

FMP market data · 2026-05-10

CompanyEV / EBITDAEV / RevNet debt / EBITDARevenueM&A 2023–2025
17.3×5.0×3.3×$9.6B$3.6B
15.7×3.4×2.5×$1.9B$1.5B
14.7×4.3×3.1×$25.4B$8.1B
13.2×2.5×1.9×$6.1B$598M
12.7×3.7×2.8×$16.7B$3.1B
Ambipar Emergency ResponseAMBI
4.8×1.0×N/A$3.3BN/A

Trading multiples from FMP market data; disclosed M&A spend from the SE-Cluster EDGAR 10-K corpus. Peer set = top disclosed buyers in Waste. Bars scaled to the highest EV/EBITDA in the set.

§ VI·SE-Cluster Issuer Brief

Buyer landscape.

Public buyers whose stated archetypes, target categories, and recent cadence align with this issuer as a plausible acquisition target. Scores cross EDGAR signal and disclosure overlap.

Likely buyers

No public buyers surface as a strong target-side fit on current signal.

Likely sellers / divestiture partners

No reciprocal divestiture / strategic-alternatives matches identified.

§ VII·SE-Cluster Issuer Brief

Filing activity & signal stream.

Filing cadence and event-driven signals visible on EDGAR. The signal stream below is curated from restatement / spin-carve / activism categories, providing context for any near-term call.

Filing cadence

  • 10-K (annual)42025-06-24
  • 10-Q (quarterly)0N/A
  • 8-K (event)0N/A
  • Proxy / DEF 14A0N/A
  • Activism (13D / DFAN / PREC)0N/A

Signals on file

  • watch

    Late-filing notice

    2025-04-30

    3 NT 10-K/10-Q filings on file.

  • info

    Signal

    Serial acquisition history

  • info

    Signal

    10-K strategy themes

  • info

    Signal

    Recent transaction activity

§ VIII·SE-Cluster Issuer Brief

Audited corpus.

No audited record on file for this CIK in the current v6 corpus.

This issuer has not been extracted into the v6 audited acquirer corpus yet. The brief above pulls from ranking-level aggregates and issuer-index signal only.