GFL is the only major diversified environmental services company in North America offering services in solid waste management, liquid waste management and soil remediation. GFL, headquartered in Vaughan, Ontario, is the fourth largest diversified environmental services company in North America, providing a comprehensive line of … GFL, headquartered in Vaughan, Ontario, is the fourth largest diversified environmental services company in North America, providing a comprehensive line of … Macquarie Infrastructure and Real Assets (MIRA), New York, via Macquarie Infrastructure Partners II (MIP II), announced Aug. 12 that an agreement has been reached to sell Houston-based WCA Waste Corp. to Ontario-based GFL Environmental Inc.MIP II is a closed-end fund that is nearing the end of its fund term. American traces its roots back to the founding of Northern A-1 Sanitation Services in 1971 by Edward Ascione, Sr. His sons, Michael and Edward, founded American Waste in 2002 and have since led the company as co-presidents. Green For Life.™. Additional debt financing for the merger was provided through GFL’s Second Amended and Restated Term Loan B Facility. GFL's top competitors are Emterra, Miller Waste and WM. VAUGHAN, ON, Nov. 15, 2018 – GFL Environmental Inc. (GFL) announced today that it has completed the previously announced merger with Waste Industries, which was valued at an enterprise value of US$2.825 billion. West Point-based County Waste of Virginia LLC and its subsidiaries will be acquired by Canadian waste management company GFL Environmental Inc, GFL announced Tuesday. By signing up to receive our newsletter, you agree to our, Press release from Universal Recycling Technologies, GFL Environmental aims to raise more than $1B, keeps IPO door open, US waste and recycling sector faces mounting risks and opportunities from climate change, Covering COVID-19's evolving impact on the waste and recycling sector, 2020 shapes up as major year for M&A, consolidation in waste and recycling industry, How local waste and recycling leaders are grappling with coronavirus-driven budget pressures, Trump signs Save Our Seas 2.0, giving plastics recycling infrastructure potential boost, With volumes down, New York City commercial waste workers struggle to adjust, 5 takeaways on emerging trends from the National Zero Waste Conference, Mitigating the Risk of Untracked Assets with Holistic Telematics, How MRFs Can Thrive by Adapting to Constant Change, URT Launches New Plastic Separation and Recycling System, Top 10 Trends in Solid Waste Over the Next 10 Years, Judge: Connecticut MRF to remain open during legal appeal, Trash Trouble: West Chicago Neighbors Fight Plan For New Waste Transfer Station, Disposing 'forever' toxins: How the waste and recycling industry is tackling the PFAS chemicals crisis, Waste industry secured nearly $812M in 1st batch of PPP loans, as stimulus bill sets up 2nd round, New England M&A heats up as Wheelabrator, Boston Carting Services expand, Vanguard Renewables eyes national anaerobic digestion expansion with new alliance, GE announces first US wind turbine blade recycling program with Veolia. Billing Options. See GFL's revenue, employees, and funding info on Owler, the world’s largest community-based business insights platform. The company now reports earning more solid waste revenue from its U.S. business than in Canada. A total of 3 acquisitions came from private equity firms.. GFL Environmental’s largest acquisition to date was in 2020, when it acquired WCA Waste for $1.2B.GFL Environmental has acquired in 3 different US states, and 2 countries. Per GFL's latest SEC filing, excess landfill capacity in both Michigan and upstate New York allows the company to offer ​"very competitive pricing for the large volume of solid waste that we control through our network of transfer stations in Ontario and through our collection operations in Michigan.". Upon completion of the merger, Ven Poole, the former chairman and CEO of Waste Industries, joined GFL’s Board of Directors. The Canadian company's initial foray into the United States started with the acquisition of Michigan-based Rizzo Environmental Services in 2016, for a reported CA$400 million. GFL Environmental Inc has 3500 total employees across all of its locations and generates $1.14 billion in sales (USD). Found everywhere from Arctic seawater to the blood of most humans, PFAS are inevitable in the waste stream. Waste Industries, a GFL Environmental subsidiary, recently paid more than $15 million to settle years-running litigation over a Tennessee landfill. CPE News (6/24/2020) – GFL Environmental Inc. (NYSE/TSX: GFL), a portfolio company of BC Partners, Ontario Teachers’ Pension Plan, and GIC Private, has entered into a definitive agreement with Waste Management, Inc. (NYSE: WM) to purchase a portfolio of vertically integrated solid waste collection, transfer, recycling and disposal assets for an aggregate purchase price of US $835 … Rizzo Environmental, headquartered in Sterling Heights, Michigan, is involved in municipal, commercial and industrial solid waste collection … CPE News (12/10/2019) – GFL Environmental Holdings, Inc., the parent company of GFL Environmental Inc., a portfolio company of BC Partners and Ontario Teachers’ Pension Plan, has agreed to acquire County Waste of Virginia, LLC and its subsidiaries from founder Scott T. Earl.. Financial terms were not disclosed. Twitter. The coronavirus pandemic has brought sweeping changes to the U.S., including significant effects for an industry that has continued its work throughout the crisis. Barclays Bank, BMO Capital Markets and Royal Bank of Canada are Joint Lead Arrangers and Joint Bookrunners under the Term Loan B Facility. Following the abrupt cancellation of its IPO last fall, GFL pursued a private offering worth $775 million in December in part to fund these latest two deals. Access your account, or sign up to start managing your bill online. Macquarie Infrastructure and Real Assets (MIRA), New York, via Macquarie Infrastructure Partners II (MIP II), announced Aug. 12 that an agreement has been reached to sell Houston-based WCA Waste Corp. to Ontario-based GFL Environmental Inc. MIP II is a closed-end fund that is nearing the end of its fund term. The company now reports earning more solid waste revenue from its U.S. business than in Canada. GFL Environmental Inc is an environmental services company. Kalkaska-based American Waste currently offers a range of services throughout Northern Michigan and Pennsylvania, from collection to disposal and recycling. A Jan. 10 release indicates the two brothers will stay on to manage the company's operations under GFL. Discover announcements from companies in your industry. See insights on GFL Environmental including office locations, competitors, revenue, financials, executives, subsidiaries and more at Craft. ", Michigan's Department of Environment, Great Lakes and Energy (EGLE). However, whether actual results, performance or achievements will conform to GFL’s expectations and predictions is subject to market conditions and a number of known and unknown risks and uncertainties which could cause actual results to differ materially from GFL’s expectations. For USA Customer Service inquiries, please review our Contact Us page. Visit My Account. With the prospect of regulations and litigation mounting, the industry is figuring out how to handle one of its most difficult issues in years. GFL Environmental Inc. announced it has entered into a definitive agreement to acquire County Waste of Virginia, LLC and its subsidiaries. It remains unclear precisely how these new assets will fit into GFL's portfolio, and neither company responded to requests for comment ahead of publication, but the transaction has clear advantages.Â, According to the most recent state report (FY18), the Wexford County Landfill was projected to have more than 60 years of remaining capacity at the time. Dive Brief: Toronto-based GFL Environmental is in the process of acquiring Michigan's American Waste, a vertically-integrated solid and liquid waste company, for $380 million. Lee Lloyd advised the Poole family. The acquisition is subject to approval under the Hart-Scott-Rodino Act, which requires parties to notify the Federal Trade Commission and Department of Justice of large mergers and acquisitions. As the industry increasingly recognizes its contribution to climate change and sees business opportunities in potentially mitigating those effects, the sector could be at a notable inflection point in the years ahead. ©2020 GFL ENVIRONMENTAL USA INC., 26999 Central Park Boulevard, Suite 200, Southfield, MI 48076 ©2016 RIZZO ENVIRONMENTAL SERVICES. The transaction, which is expected to close in January 2020, is … While GFL's filing indicates it "will likely require additional financing, including debt, to pursue certain acquisitions," and the company still reported a net loss through Q3 of last year, revenue has also climbed significantly as acquired assets get integrated. Green For Life. Cole Rosengren The company's portfolio includes the Wexford County Landfill, one MRF and a C&D recycling facility, among other assets. The free newsletter covering the top industry headlines, Photo illustration by Brian Tucker/Waste Dive/Waste Dive, very competitive pricing for the large volume of solid waste that we control through our network of transfer stations in Ontario and through our collection operations in Michigan. The merger was financed in part through an additional equity investment from GFL’s current consortium of investors led by affiliates of BC Partners, Ontario Teachers’ Pension Plan, certain shareholders of GFL, including Mr. Patrick Dovigi, and from rollover investors of Waste Industries, including the founding Poole family and HPS Investment Partners. This release may contain forward-looking information. GFL Environmental, Inc. After conducting a forensic financial and accounting review (inc. multiple former employees interviews), Spruce Point believes shares of GFL Environmental (TSX/NYSE: GFL), a cash degenerative North American roll-up of environmental service companies, are worthless. GFL Environmental Inc is located in Vaughan, ON, Canada and is part of the Waste Management Services Industry. CEO Patrick Dovigi said he hasn't ruled out IPO plans in the future. Topics covered: recycling, landfills, collections, organics diversion, waste-to-energy, and much more. Its offerings include non-hazardous solid waste management, infrastructure, soil remediation, and liquid waste management services. As a result of the merger, GFL now has a workforce of more than 9,000 employees and provides its broad range of environmental services to more than 135,000 commercial and industrial customers and its solid waste collection services to more than 4 million households. Latham & Watkins LLP and Wyrick Robbins Yates & Ponton LLP acted as legal advisors to Waste Industries. Waste Industries is a vertically integrated provider of non-hazardous solid waste collection, transfer, recycling, and disposal services, with operations in North Carolina, South Carolina, Georgia, Colorado, Tennessee, Virginia, Maryland, Pennsylvania and Delaware. This has left GFL more exposed to pricing at third-party sites in the region. American purchased it from the city of Cadillac in 2011. For all inquiries or concerns regarding the City of Toronto municipal waste collectionplease contact the 311 hotline by phone or web at toronto.ca/311. For 24-hour support or emergencies, call Canada wide toll-free 1.866.417.2797 Toronto-based GFL Environmental is in the process of acquiring Michigan's American Waste, a vertically-integrated solid and liquid waste company, for $380 million. American's MRF is also newer than many in the U.S. According to the company's website, American spent $12 million to build a new single-stream facility in Traverse City that opened in 2011. GFL Environmental announces closing of merger…. will likely require additional financing, including debt, to pursue certain acquisitions," and the company still reported a net loss through Q3 of last year, revenue has also climbed significantly as acquired assets get integrated. Pending expected closure of this deal during Q1, their business will be the latest of many to be subsumed in the industry-wide consolidation trend. The … Macquarie Infrastructure and Real Assets (MIRA), New York, via Macquarie Infrastructure Partners II (MIP II), announced Aug. 12 that an agreement has been reached to sell Houston-based WCA Waste Corp. to Ontario-based GFL Environmental Inc.MIP II is a closed-end fund that is nearing the end of its fund term. Subscribe to Waste Dive to get the must-read news & insights in your inbox. Such forward-looking information is based on certain assumptions and analysis made by GFL in light of its experience and perception of current conditions and expected future developments as well as other factors it believes are appropriate in the circumstances. GFL Environmental Inc. (GFL), an environmental services firm based in Toronto, has completed the acquisition of Rizzo Environmental Services Inc. and Rizzo’s subsidiary companies with a newly formed U.S. subsidiary of GFL called GFL-USA. VAUGHAN, ON, Aug. 12, 2020 /PRNewswire/ - GFL Environmental Inc. (NYSE: GFL) (TSX: GFL) ("GFL" or the "Company"), a leading North American diversified environmental services company, today announced that it has entered into a definitive agreement with an affiliate of Macquarie Infrastructure Partners II (the "Seller") to purchase WCA Waste Corporation and its subsidiaries ("WCA") for an … VAUGHAN, ON, Oct. 22, 2018 /CNW/ - As part of the previously announced merger agreement between GFL Environmental Holdings (US), Inc., a subsidiary of GFL Environmental Inc. ("GFL"), and Wrangler Super Holdco Corp., the indirect parent of Waste Industries USA, LLC and its subsidiaries (the "Acquisition"), GFL today announced that it is planning to commence, subject to … GFL Environmental (GFL) to acquire County Waste of Virginia, LLC and its subsidiaries for an undisclosed sum.The transaction, which is expected to … Waste Industries is a vertically integrated provider of non-hazardous solid waste collection, transfer, … Together with Waste Industries, GFL is the largest private environmental services company in North America, with operations in all Canadian provinces, except Prince Edward Island, and in 20 states in the United States. The agreement with GFL Environmental addresses substantially all of the divestitures anticipated to be required by the U.S. Department of Justice, but the U.S. Department of Justice has not yet approved the transaction and continues its review in coordination with Waste Management, Advanced Disposal, and GFL Environmental. GFL, headquartered in Vaughan, Ontario, is a diversified environmental services company providing a comprehensive line of solid waste, infrastructure and soil remediation and liquid waste management services through its platform of facilities across Canada and the United States. 6200 Elmridge; Sterling Heights, MI … Catch up on all of Waste Dive's reporting here. Bloomberg the Company & Its Products The Company & its Products Bloomberg Terminal Demo Request Bloomberg Anywhere Remote Login Bloomberg Anywhere Login Bloomberg Customer Support Customer Support GFL Environmental announces closing of merger with Waste Industries. This has included a variety of tuck-in acquisitions, along with a larger deal to acquire Virginia-based County Waste for $480 million that closed on Jan. 1. GFL Environmental PO Box 791519 Baltimore, MD 21279-1519 or 26999 Central Park Boulevard, Suite 200, Southfield, MI 48076. GFL has dramatically expanded its U.S. presence in the years since, most notably with a 2018 deal valuing Waste Industries at $2.8 billion, and now has operations in 23 states. If you are serviced by a GFL Company, just click the logo and we'll take you to your login page. This was. Toronto, November 16, 2020 -- Moody's Investors Service ("Moody's") assigned a B3 rating to GFL Environmental Inc.'s ("GFL") proposed new $500 million senior unsecured notes due in 2028. Please enter your location information to find the facility closest to you. on Its solid waste management business line includes the collection, transportation, transfer, recycling and disposal of non-hazardous solid waste. The deal involves $360 million in cash and $20 million in non-voting GFL shares. GFL Environmental Inc. ("GFL") has announced that it has entered into a definitive agreement to acquire County Waste of Virginia, LLC and its subsidiaries (collectively, "County Waste"). Waste Management, Inc. (NYSE: WM) and Advanced Disposal Services, Inc. (NYSE: ADSW) announced today that they have amended the terms of the definitive agreement under which a subsidiary … GFL Environmental Inc. was founded in 2007 by Canadian entrepreneur and businessman Patrick Dovigi, who had previous experience in the environmental services industry and wanted to establish a company that could unlock the value in smaller waste companies in Canada. Through our strategically located network of facilities across Canada and 27 states in the US, GFL has capabilities that can be mobilized to service our customers wherever they are. GFL Environmental has acquired 18 companies, including 14 in the last 5 years. There are 271 companies in the GFL Environmental … Follow The company's filing indicates it had more than CA$6.9 billion worth of debt through Q3 of 2019 prior to this offering. Simpson Thacher & Bartlett LLP and Stikeman Elliott LLP acted as legal advisors to GFL. UPDATE: Feb. 4, 2020: GFL Environmental finalized the purchase of Michigan-based American Waste and all of its subsidiaries on Feb. 1, per a recent filing with the Securities and Exchange Commission (SEC). © 2020 GFL Environmental Inc.Green Today. Want to share a company announcement with your peers? This was reportedly used to fund a $1.3 million MRF upgrade, including "fiber optical scanning and sorting equipment," to create a higher quality mixed paper commodity for state buyers. Your payment is applied to your account the same date you make your payment online. GFL Environmental, Ontario, Canada, announced on Aug. 12 that it had entered into a definitive agreement with Macquarie Infrastructure and Real Assets (MIRA), New York, via Macquarie Infrastructure Partners II (MIP II) to purchase WCA Waste Corp. and its subsidiaries for an aggregate purchase price of $1.2 billion.Thanks to receipt of Department of Justice (DOJ) approval, one of the … This grant was announced at the company's MRF last summer in conjunction with EGLE's launch of a statewide education campaign. Last year, the site also received a $474,000 grant from Michigan's Department of Environment, Great Lakes and Energy (EGLE). This includes $7 million for any remaining host fees and $8 million for outstanding expert fees and litigation costs. GFL Environmental has 9,500 employees at their 1 location and C$1.22 B in annual revenue in FY 2018. 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