PE-backed GFL Environmental acquires Anchor Shoring Group
GFL Excavating Corp, an affiliate of GFL Environmental Inc, has acquired all of the shares of Anchor Shoring Group, a Toronto-based specialist in the design and installation of soil retention and engineered foundations. No financial terms were released. GFL, an environmental services company, said the acquisition will add to the soil remediation, excavation and demolition capabilities of its infrastructure services group, and help it to complete large-scale contracts. Vaughan, Ontario-based GFL is backed by Highbridge Principal Strategies and Hawthorn Equity Partners. Last October, it agreed to to buy TransForce Inc's solid waste business for $800 million.
18 January 2016•2 mins read
