GFL Environmental Inc.
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GFL Environmental Inc. - overview
Established
2007
Location
-, ON, Canada
Primary Industry
Environmental Services
About
Founded in 2007 and based in Vaughan, Ontario, Canada, GFL Environmental Inc. operates as an environmental services company that offers solid waste management, liquid waste management, and soil remediation solutions. Patrick Dovigi is the founder and CEO of the company. In October 2020, HPS Investment Partners invested USD 600 million in GFL Environmental Inc.
The firm provides waste management services for solid waste, liquid and special waste, and infrastructure development. The company owns facilities that are utilized for organic processing, soil remediation, material recovery, and landfills. GFL Environmental serves the industrial, commercial, municipal, and residential sectors.
Current Investors
HPS Investment Partners, BC Partners, Ontario Teachers' Pension Plan
Primary Industry
Environmental Services
Sub Industries
Waste Management, Recycling
Website
www.gflenv.com
Verticals
Infrastructure
Company Stage
Mature
Total Amount Raised
Subscriber access only
GFL Environmental Inc. - timeline of key events

GFL Environmental Inc. - financials
| Fiscal Year Ended | Dec 31, 2016 | Dec 31, 2017 | Dec 31, 2018 | Dec 31, 2019 | Dec 31, 2020 | Dec 31, 2021 | Dec 31, 2022 | Dec 31, 2023 | Dec 31, 2024 |
|---|---|---|---|---|---|---|---|---|---|
| Revenue (USD) | 933,661,000 | 1,333,067,000 | 1,224,797,000 | 3,346,900,000 | 4,196,200,000 | 5,525,500,000 | - | - | - |
| % Revenue Growth (YoY) | - | 42.8% | (8.1%) | 173.3% | 25.4% | 31.7% | - | - | - |
| EBITDA (USD) | 154,931,000 | 311,799,000 | 115,305,000 | 722,400,000 | 479,400,000 | 1,114,300,000 | - | - | - |
| Operating Income (USD) | (22,638,000) | 72,726,000 | (190,456,000) | (77,000,000) | (758,200,000) | (278,700,000) | - | - | - |
| Operating Margin | (2.4%) | 5.5% | (15.6%) | (2.3%) | (18.1%) | (5.0%) | - | - | - |
| % EBITDA Margin | 16.6% | 23.4% | 9.4% | 21.6% | 11.4% | 20.2% | - | - | - |
| NET Income (USD) | (152,209,000) | (100,982,000) | (318,663,000) | (451,700,000) | (994,900,000) | (606,800,000) | - | - | - |
| % Net Margin | (16.3%) | (7.6%) | (26.0%) | (13.5%) | (23.7%) | (11.0%) | - | - | - |
GFL Environmental Inc. - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Add-on, Trade Sale | Completed | Frontier Waste Solutions | - | ||||||||
| Add-on, Trade Sale | Completed | Superior Waste Industries, LLC | - | ||||||||
| Corporate Carve Out, Secondary Buyout | Completed | GFL Environmental Inc.'s Environmental Services business | - | ||||||||
| Add-on | Completed | Fielding Environmental | - | ||||||||
| Add-on, Trade Sale | Completed | Capital Waste Services LLC | - |
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GFL Environmental Inc. - employee data

GFL Environmental Inc. - key contacts
| Name | Position | Start Date | End Date | Vcard | Bio | ||
|---|---|---|---|---|---|---|---|
| Board Member | BM | ||||||
| Chairman of the Board of Directors | BM |
BM Board Member
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