GFL Environmental Inc, an integrated solid and liquid waste company based in Vaughan, Ontario, has acquired The Garbage Company Inc for an undisclosed price. GFL said it expects the combination with Calgary’s The Garbage Company will provide a strong base for business expansion in Western Canada. The company currently operates from more than 50 facilities in Ontario, Manitoba, Alberta and British Columbia. GFL is a portfolio investment of U.S. private equity firm Roark Capital Group, which committed $105 million to the company in Nov. 2010. Its other private equity backer is Canadian firm Genuity Capital Partners. Update: The Toronto-based Genuity was re-branded as Hawthorne Equity Partners in 2013.
GFL Environmental Inc. buys The Garbage Company Inc.
TORONTO, Jan. 6, 2014 /CNW/ – GFL Environmental Inc. announced that effective January 1, 2014, it has acquired The Garbage Company Inc. (“TGC”), a solid waste management company based in Calgary, Alberta, giving GFL its first solid waste operation in Western Canada.
The GFL-Garbage Company combination will create a strong base for GFL to grow its solid waste business in the West.
With the additional The Garbage Company Inc.’s 55 strong workforce, GFL now employs more than 1,300 people and services more than 16,000 commercial, industrial and institutional customers and more than 875,000 households, across Canada. Warren Graumann, the founder of The Garbage Company Inc. will stay on with GFL as its Regional Manager, Solid Waste, Western Canada.
“By joining forces with The Garbage Company and its experienced and committed workforce, GFL can offer our customers more services in more locations than ever before,” said Patrick Dovigi, President and CEO of GFL.
“Joining the GFL team allows TGC to maintain its entrepreneurial culture and continue to promote our Employee Focused – Customer Driven philosophy as we expand into new markets in Western Canada” said TGC President, Warren Graumann.
GFL, headquartered in Vaughan, ON, operates from more than 50 facilities in Ontario, Manitoba, Alberta and British Columbia.
SOURCE GFL Environmental
Photo courtesy of GFL Environmental Inc.