GFL Environmental Inc has acquired the Canadian operations of Accuworx Inc, a Mississauga, Ontario-based provider of end-to-end environmental and industrial solutions to the private and public sectors. No financial terms were released for the deal, which includes Sure Horizon Environmental Inc, a Brampton, Ontario hazardous and liquid waste processing services specialist. GFL, a Toronto-based environmental services business, is backed by HPS Investment Partners, Macquarie Group and other investors. GFL is planning the 2018 launch of an initial public offering targeted to raise as much as $1 billion, Reuters reported in November.
GFL Acquires Accuworx Canadian Operations
TORONTO, Feb. 2, 2018 /CNW/ – GFL Environmental Inc. (“GFL”) announced today the closing of the acquisition of the Canadian operations of Accuworx Inc. including Sure Horizon Environmental Inc., based in Brampton, Ontario. Since its founding in 1989 by Jason Rosset, Accuworx has grown to be a leading provider of “cradle to cradle” environmental solutions for a broad base of liquid waste customers throughout Ontario. Accuworx’s services include industrial cleaning, emergency response, soil and groundwater remediation and liquid waste management which will complement and extend the service offerings of GFL’s existing liquid waste business in Ontario. Jason Rosset will remain with GFL working to further develop the customer base of our combined operations.
Patrick Dovigi, GFL’s Founder and CEO said: “Started by its founder, Jason Rosset, the key to Accuworx’s success has been its core entrepreneurial values: creating solutions that allow it to be a single source provider for all of its customers’ service needs. This aligns with GFL’s core values and strategy. Accuworx and Sure Horizon also have a committed, passionate employee base that bring the same level of commitment to service excellence for our customers as GFL’s employees. We are confident that this common commitment will make the integration of our service offerings seamless and allow us to continue to grow and serve our customers. We are excited to have Jason Rosset and employees of Accuworx in Canada join the GFL team.”
Jason Rosset, Founder of Accuworx said: “Accuworx has traveled a long way as an independent, trailblazing company, and I am confident that this strategic fit with GFL represents an ideal opportunity for Accuworx and our employees to accelerate to the next chapter of growth while maintaining the entrepreneurial culture in which we have thrived. Under Patrick Dovigi’s leadership, GFL has achieved significant scale within our industry, which provides us the ability to leverage cross-selling opportunities with GFL’s other lines of business. We believe our diverse expertise is a great fit with GFL’s focus on delivering comprehensive environmental solutions, and we look forward to working with our new GFL colleagues to provide these solutions to a broader range of customers.”
About GFL Environmental Inc.
GFL, headquartered in Toronto, ON, 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 80,000 commercial and industrial customers and its solid waste collection services to more than 2.5 million households.
For further information: please contact: Patrick Dovigi, Founder and Chief Executive Officer, +1 416 673 9385, firstname.lastname@example.org
Photo courtesy of Accuworx Inc