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New Deal


Announced

Completed

GFL Environmental completed the acquisition of Terrapure Environmental for $744m.

Financials

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Transaction Value£534m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales2.5x
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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waste disposal services

Single Bidder

Majority

Private

Waste and Disposal Services

Acquisition

Canada

Domestic

Friendly

Completed

Synopsis

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GFL Environmental, a North American diversified environmental services company, completed the acquisition of Terrapure Environmental, an integrated provider of solid and liquid waste management and industrial services, for $744m. "Terrapure brings a high-quality, complementary network of assets and customer base to our existing solid and liquid waste operations and expands our service offerings in several regional markets. This strategically located network of assets and Terrapure's strong operating margins are expected to be immediately accretive to free cash flow and provide opportunities for us to continue to pursue our growth strategy," Patrick Dovigi, GFL Founder and CEO.

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