Private equity firms invest $225 mln more in GFL Environmental
Australia’s Macquarie Group and U.S. private equity firm HPS Investment Partners have invested $225 million in GFL Environmental Inc, a Toronto-based environmental services company. The funds raised will used in part to redeem $247 million of senior unsecured notes. GFL also announced its buy of Rizzo Environmental Services Inc, a U.S. provider of solid waste collection and recycling processing and brokerage, and its acquisition of Enviro-Smart Organics Ltd and West Coast Lawns, a Canadian waste processing facility and turf farm. In February, GFL raised $458 million from private equity investors to support its buy of Matrec Services Inc.
3 October 2016•4 mins read
