Add-on Acquisition • Environmental

Turtle Island Recycling Acquires E.I.L. Environmental Services

On November 12, 2007, Turtle Island Recycling acquired environmental company E.I.L. Environmental Services

Acquisition Context
  • This is Turtle Island Recycling’s 1st transaction in the Environmental sector.
  • This is Turtle Island Recycling’s 1st transaction in Canada.
  • This is Turtle Island Recycling’s 1st transaction in Alberta.

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M&A Deal Summary

Date November 12, 2007
Target E.I.L. Environmental Services
Sector Environmental
Buyer(s) Turtle Island Recycling
Deal Type Add-on Acquisition
Advisor(s) Generational Group (Financial)

Target Company

E.I.L. Environmental Services

Edmonton, Alberta, Canada
E.I.L. Environmental Services, Inc. is a well-regarded and rapidly growing environmental services company, specializing in the transportation, disposal and recycling of a diverse range of hazardous waste materials.
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Buyer Overview 1

Buyer

Turtle Island Recycling

Toronto, Ontario, Canada

Category Company
Founded 1990
Sector Environmental
DESCRIPTION

Turtle Island is one of the leading recycling and waste management companies in Ontario. Established in 1990 by entrepreneurs Ted Manziaris and Louis Anagnostakos, Turtle Island now employs over 250 people and services over 2,000 industrial and commercial customers and over 220,000 residential customers and growing. The operations of Turtle Island as well as its main transfer station are located in a 60,000 square foot facility in downtown Toronto. Turtle Island now operates facilities in Aurora, Chatham/Windsor and Caledon/Orangeville, Ontario.


Deal Context for Buyer #
Overall 1 of 1
Sector: Environmental 1 of 1
Type: Add-on Acquisition 1 of 1
State: Alberta 1 of 1
Country: Canada 1 of 1
Year: 2007 1 of 1