Skip to Content News Archives Economy Energy Oil & Gas Renewables Electric Vehicles Mining Commodities Agriculture Real Estate Mortgages Mortgage Rates Finance Banking Insurance Fintech Cryptocurrency Work Wealth Smart Money Wealth Management Investor Personal Finance Family Finance Retirement Taxes High Net Worth FP Comment Executive Women Puzzmo Newsletters Financial Times Business Essentials More Innovation Information Technology FP500 Podcasts Small Business Lives Told Tails Told Shopping Financial Post Store Obituaries Place a Notice Advertising Advertising With Us Advertising Solutions Postmedia Ad Manager Sponsorship Requests Classifieds Place a Classifieds ad Working Profile Settings My Subscriptions Saved Articles My Offers Newsletters Customer Service FAQ News Economy Energy Mining Real Estate Finance Work Wealth Investor FP Comment Executive Women Puzzmo Newsletters Financial Times Business Essentials HomeNewsEconomyGFL Environmental weighs take-private amid interest from buyout firmsFounded in 2007, GFL describes itself as the 'fourth-largest diversified' environmental services company in North AmericaAuthor of the article:Last updated 8 minutes ago You can save this article by registering for free here. Or sign-in if you have an account.GFL Environmental has completed scores of acquisitions in recycling, waste collection, environmental services and infrastructure. Photo by Cole Burston/BloombergGFL Environmental Inc. is considering a potential take-private transaction after drawing interest from buyout firms, people familiar with the matter said.Subscribe now to read the latest news in your city and across Canada.Exclusive articles from Barbara Shecter, Joe O'Connor, Gabriel Friedman, and others.Daily content from Financial Times, the world's leading global business publication.Unlimited online access to read articles from Financial Post, National Post and 15 news sites across Canada with one account.National Post ePaper, an electronic replica of the print edition to view on any device, share and comment on.Daily puzzles, including the New York Times Crossword.Subscribe now to read the latest news in your city and across Canada.Exclusive articles from Barbara Shecter, Joe O'Connor, Gabriel Friedman and others.Daily content from Financial Times, the world's leading global business publication.Unlimited online access to read articles from Financial Post, National Post and 15 news sites across Canada with one account.National Post ePaper, an electronic replica of the print edition to view on any device, share and comment on.Daily puzzles, including the New York Times Crossword.Create an account or sign in to continue with your reading experience.Access articles from across Canada with one account.Share your thoughts and join the conversation in the comments.Enjoy additional articles per month.Get email updates from your favourite authors.Create an account or sign in to continue with your reading experience.Access articles from across Canada with one accountShare your thoughts and join the conversation in the commentsEnjoy additional articles per monthGet email updates from your favourite authorsSign In or Create an AccountorThe North American waste manager has been speaking with advisers about its options, having received preliminary interest from investment firms in recent months, the people said, asking not to be identified discussing confidential information.Shares in GFL closed broadly flat in New York on Thursday, giving the company a market value of US$13.5 billion. GFL stock also trades in Toronto and any take private would be one of the largest-ever involving a Canadian-listed company.SUBSCRIBER EXCLUSIVE: FP West: Energy Insider brings you behind the oilpatch’s closed doors with exclusive insights from insiders every Wednesday morning.By signing up you consent to receive the above newsletter from Postmedia Network Inc.A welcome email is on its way. If you don't see it, please check your junk folder.The next issue of FP West: Energy Insider will soon be in your inbox.We encountered an issue signing you up. Please try againGFL has about US$7.1 billion in debt and its size could be a hurdle to a possible transaction. A buyer would need to convince founder and chief executive Patrick Dovigi to roll over his stake to make a deal work, according to the people.Some suitors may consider taking a smaller stake in GFL instead of pursuing a full buyout, some of the people said. Deliberations are at an early stage and there’s no certainty they’ll end in a transaction. A representative for GFL declined to comment.Any deal would underscore investor appetite for environmental services companies. Their recurring revenue, resilient cash flow and consolidation potential have made the sector attractive to infrastructure and buyout firms.Apollo Global Management Inc. and BC Partners last year acquired a majority stake in GFL’s environmental services unit. Also in 2025, GFL agreed to sell a minority stake in Green Infrastructure Partners, its road-building and construction business, to Energy Capital Partners in a deal valuing the unit at approximately $4.25 billion.Founded in 2007, GFL describes itself as the “fourth-largest diversified” environmental services company in North America, providing waste management services throughout Canada and the United States.GFL announced in January that it was relocating its executive headquarters from Vaughan, Ontario to Miami Beach, Florida.The company has completed scores of acquisitions in recycling, waste collection, environmental services and infrastructure. It’s currently working on completing a tie-up with Secure Waste Infrastructure Corp. to extend its reach in Western Canada and deepen its exposure to industrial waste management and energy infrastructure. Join the Conversation This website uses cookies to personalize your content (including ads), and allows us to analyze our traffic. 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