BC Partners-led Group Recaps GFL Environmental

An investment group led by BC Partners, and including Ontario Teachers' Pension Plan, have agreed to recapitalize GFL Environmental Holdings Inc in a deal valued at $5.125 billion Canadian dollars ($4 billion). The investor group is buying the interests held by HPS Investment Partners, Macquarie Infrastructure Partners III and Hawthorn Equity Partners. GFL, of Toronto, is a North American provider of diversified environmental solutions. Anthony Vernace of Simpson Thacher advised the investor group.

23 April 2018•5 mins read
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