GFL Environmental Mergers and Acquisitions Summary

EnvironmentalCompany

GFL Environmental has acquired 24 companies, including 14 in the last 5 years. A total of 5 acquisitions came from private equity firms. It has also divested 1 asset.

GFL Environmental’s largest acquisition to date was in 2020, when it acquired WCA Waste for $1.2B. It’s largest disclosed sale occurred in 2023, when it sold GFL Environmental - Select Solid Waste Operations to Casella Waste Systems for $525M. GFL Environmental has acquired in 7 different US states, and 2 countries. The Company’s most targeted sectors include environmental (92%) and business services (5%).

Join Mergr and gain access to GFL Environmental’s M&A summary, the M&A summaries of companies just like it, as well as recent M&A activity in the environmental sector.

M&A Summary

  • M&A Total Activity24
    • M&A Buy Activity23
    • M&A Sell Activity1
  • Total Sectors Invested 3
  • Total Countries Invested 2
  • M&A Buy/Sell Connections 11

GFL Environmental

GFL Environmental Inc.

100 New Park Place, Suite 500,
Vaughan, Ontario L4K 0H9
Canada,
(905) 326-0101
www.gflenv.com

GFL Environmental is a diversified environmental services company providing a comprehensive line of solid waste, infrastructure & soil remediation, and liquid waste management services through its platform of facilities across Canada and in Southeastern Michigan. GFL has a workforce of more than 5,000 employees and provides its broad range of environmental services to more than 60,000 commercial and industrial customers and its solid waste collection services to more than 2.5 million households. GFL Environmental was founded in 2007 and is based in Vaughan, Ontario.


M&A Summary

Buy vs Sell

Year ≤ '18 '19 '20 '21 '22 '23 T
Buy (2.6/yr) # 10 6 2 4 1 - 23
vol $608M $1.3B $705M $2.6B
Sell (0.2/yr) # - - - - - 1 1
vol $525M $525M
  24

Most Recent M&A

Company Date Value Type
GFL Environmental Corp. - Select Solid Waste Operations 2023-04-24 525M USD Divestiture
, Pennsylvania
Sprint Waste Services LP 2022-05-02 - Add-on Acquisition
Sugar Land, Texas · www.sprintwaste.com
Graichen Disposal & Recycling LLC 2021-11-03 - Add-on Acquisition
New London, Wisconsin · www.graichendisposal.com
Peoria Disposal - Solid Waste Management & Recycling Business 2021-10-01 - Divestiture
Peoria, Illinois
Alabama Dumpster LLC 2021-10-01 - Add-on Acquisition
Hope Hull, Alabama · www.alabamadumpster.com
Terrapure Environmental Ltd. 2021-03-15 705M CAD Add-on Acquisition
Burlington, Ontario · www.terrapureenv.com
WCA Waste Corp. 2020-08-12 1.2B USD Add-on Acquisition
Houston, Texas · www.wcawaste.com
County Waste LLC 2020-01-02 46M USD Add-on Acquisition
Clifton Park, New York · www.county-recycling.com
County Waste of Virginia LLC 2019-12-10 - Add-on Acquisition
Troutville, Virginia
Ground Force Environmental, Inc. 2019-11-21 - Add-on Acquisition
Kitchener, Ontario · www.gfei.ca
View All >>

M&A by Sector

Sector Buy # Value Sell # Value
Environmental 21 (91%) 2.6B (100%) 1 (100%) 525M (100%)
Business Services 1 (4%) - - -
Construction 1 (4%) - - -
Total 23 $2.6B 1 $525M

By Geo

State/Country Buy Value Sell Value
Canada 14 1.3B - -
  Ontario 6 705M - -
  Alberta 3 - - -
  Newfoundland 1 - - -
  Saskatchewan 1 - - -
  Quebec 1 608M - -
United States 9 1.3B 1 525M
  Texas 3 1.2B - -
  Wisconsin 1 - - -
  Virginia 1 - - -
  New York 1 46M - -
  Michigan 1 - - -
  Illinois 1 - - -
  Alabama 1 - - -
  Pennsylvania - - 1 525M
Domestic 14 (61%) 1.3B (51%) - -
Cross-border 9 (39%) 1.3B (49%) 1 (100%) 525M (100%)
Total 23 $2.6B 1 $525M

Deal Values

buy # Total
> $1B 1 $1.2B
$100M to $1B 2 $1.3B
< $100M 1 $46M
TOTAL $2.6B
Largest WCA Waste Corp.
$1.2B (2020-08-12)
sell # Total
$100M to $1B 1 $525M
TOTAL $525M
Largest GFL Environmental Corp. - Select Solid Waste Operations
$525M (2023-04-24)

M&A Connections

Deals
Acquired from
Investor(s)
17%
4 (17%)
Strategic(s)
30%
7 (30%)
Divested to
Strategic(s)
100%
1 (100%)

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