GFL Environmental gets new private equity funding: Reuters
Canadian waste management company GFL Environmental Inc said this week a group of investors led by U.K.-based BC Partners, Ontario Teachers' Pension Plan and others will provide new funding, giving GFL an enterprise value of $5.13 billion, Reuters reported. GFL, whose ‘Green for Life’ slogan is seen across major Canadian cities, said its current CEO Patrick Dovigi will remain in the role. Dovigi will also maintain his ownership in the company, while the new investors will acquire the interests of current partners including U.S.-based HPS Investment Partners, Australia's Macquarie Infrastructure Partners III and Canada's Hawthorn Equity Partners.
23 April 2018•2 mins read
