RWT Capital Closes H2Oil Energy Sale to GFL Environmental Amid Energy M&A Boom

The deal reflects Western Canada's busiest energy M&A cycle in nearly a decade.

RWT Capital Corp., one of Canada's leading boutique M&A firms with deep expertise in energy and industrial transactions, today announced the successful closing of the sale of H2Oil Energy Inc. to GFL Environmental Services Inc. RWT Capital acted as the exclusive sell-side advisor to H2Oil Energy throughout the transaction.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260601003921/en/ Reece Tomlinson, Founder and CEO of RWT Capital Corp., said GFL Environmental Services' acquisition of H2Oil Energy reflects renewed confidence in Western Canada’s energy economy and continued momentum across the energy services sector.

As one of Alberta's largest providers of fluid hauling, vacuum truck, H2S scrubbing, and turnaround services, H2Oil operates a fleet of more than 115 power units across northwestern Alberta and has built a reputation as a trusted partner to upstream oil and gas producers.