Investment Summary

BC Partners, Ontario Teachers Pension Plan and NB Private Equity Partners Exits GFL Environmental

On February 25, 2020, invested in environmental company GFL Environmental from BC Partners, Ontario Teachers Pension Plan and NB Private Equity Partners

Investment Highlights
  • This is transaction in the Environmental sector.
  • This is transaction in Canada.
  • This is transaction in Ontario.

Investment Summary

Date 2020-02-25
Target GFL Environmental
Sector Environmental
Sellers(s) BC Partners
Ontario Teachers Pension Plan
NB Private Equity Partners
Deal Type IPO

Target

GFL Environmental

Vaughan, Ontario, Canada
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.

Search 214,238 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try Free

Seller(S) 3

SELLER

BC Partners

London, United Kingdom

Investor Investor Investor Investor Investor


Category Private Equity Firm
Founded 1986
PE ASSETS 30.0B EUR
Size Mega
Type Sector Agnostic
DESCRIPTION

BC Partners is a large investment group focused on private equity, credit, real estate, and co-investment strategies. The Firm's private equity group looks to make control investments in European and North American businesses valued above €300 million. Sectors of interest include healthcare, directory publishing, media, industrial products, food, distribution, manufacturing, consumer services, business services, and communications. BC Partners was formed in 1986 and is based in London, England.


DEAL STATS #
Overall 49 of 61
Sector: Environmental M&A 1 of 1
Type: IPO M&A Deals 8 of 8
State: Ontario M&A 1 of 1
Country: Canada M&A 1 of 1
Year: 2020 M&A 2 of 4
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2020-01-28 Bindi

Milan, Italy

Bindi is a producer and distributor of frozen patisserie products, offering a wide variety of desserts and other bakery products, including patisserie and ice cream mono-portion desserts, cakes and ice-creams. Bindi was founded in 1934 and is based in Milan, Italy.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2020-05-19 CarTrawler

Dublin, Ireland

CarTrawler is a technology company providing fully managed online car rental solutions to travel partners in 174 countries. CarTrawler was formed in 2004 and is headquartered in Dublin, Ireland.

Sell -
SELLER

Ontario Teachers Pension Plan

Toronto, Ontario, Canada

Investor Investor Investor Investor Investor


Category Pension
Founded 1990
PE ASSETS 116.0B USD
Size Mega
Type Sector Agnostic
DESCRIPTION

Teachers' Private Capital is the direct investment arm of the Ontario Teachers' Pension Plan. Teachers' Private Capital considers both private equity and venture related investments in North America, Europe, and Asia. Teachers' can support direct private equity investments between $100 million and $3 billion. Target sectors include business services, consumer products, retail, diversified industrials, financial services, technology, media, and communications. Teachers' Private Capital also makes private equity fund investments between $50 million and $750 million. Teachers' Private Capital was formed in 1991 and is based in Toronto, with additional offices in London and New York.


DEAL STATS #
Overall 46 of 83
Sector: Environmental M&A 1 of 1
Type: IPO M&A Deals 7 of 13
State: Ontario M&A 6 of 7
Country: Canada M&A 10 of 12
Year: 2020 M&A 1 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2020-02-25 Graphcore

Bristol, United Kingdom

Graphcore is a semiconductor business whose Intelligence Processing Unit (“IPU”) products and Poplar software platform have been designed specifically to address Artificial Intelligence (“AI”) and Machine Learning (“ML”) workloads, application domains. Graphcore was founded in 2016 and is based in Bristol, United Kingdom.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2020-05-25 Max Matthiessen

Stockholm, Sweden

Max Matthiessen is an advisor within pensions, insurance, and investment, offering advice, analysis, administration, and procurement of pension and insurance solutions to employers, entrepreneurs and individual customers. The Company also offers advice within savings, investment advisory, and asset management. Max Matthiessen was founded in 1889 and is based in Stockholm, Sweden.

Buy -
DESCRIPTION

NB Private Equity Partners is a publicly traded asset manager focused on acquiring direct investments in privately held companies. The Firm principally targets businesses in the US and looks to invest alongside other private equity managers when considering opportunities. NB Private Equity Partners is headquartered in the UK, with an additional office in the US.


DEAL STATS #
Overall 4 of 13
Sector: Environmental M&A 1 of 1
Type: IPO M&A Deals 1 of 3
State: Ontario M&A 1 of 1
Country: Canada M&A 1 of 1
Year: 2020 M&A 3 of 4
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2020-02-05 Engineering Ingegneria Informatica

Roma, Italy

Engineering Ingegneria Informatica is an IT services provider focused on digital transformation with more than 11,000 professionals in 65 locations across the world. The Group designs develops and manages innovative IT solutions for business areas where digitalization is having the biggest impact. Engineering Ingegneria Informatica was founded in 1980 and is based in Roma, Italy.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2020-12-01 A&E Medical

Farmingdale, New Jersey, United States

A&E Medical Corp. is a designer and manufacturer of a high strength sternum closure system along with a wide variety of temporary cardiac pacing wires and extension leads, stainless steel sutures, surgical punches, electrosurgical instruments, and neurosurgical scalp clips. A&E Medical was founded in 1968 and is based in Farmingdale, New Jersey.

Sell $250M