Matrec
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Matrec - overview
Location
Boucherville, QC, Canada
Primary Industry
Power & Utilities
About
Matrec is a Canadian provider of waste management and environmental services, focused on sustainable solutions for residential, commercial, and industrial clients. The company aims to enhance environmental sustainability through innovative waste handling practices. Matrec operates in the waste management sector, specializing in environmental services. The company was acquired by GFL Waste & Recycling Solutions Corp for CAD 800 million in October 2015, with the deal closing in February 2016.
Matrec is based in Boucherville, Canada, and is part of GFL Environmental Inc. , which has a diverse portfolio in waste management. The founder details are not provided. Matrec offers a variety of waste management and environmental services, including residential waste collection, commercial waste management, recycling, hazardous waste handling, and soil remediation.
Clients can manage their services conveniently through the MyAccount platform, which allows for online requests and eBilling. The company serves a wide array of sectors in urban and suburban regions across Canada and the United States, addressing waste disposal and recycling needs. Matrec generates revenue through contractual agreements for waste collection services, which include both B2B and direct-to-consumer sales. The pricing structure is based on the volume of waste and customer requirements, enabling tailored solutions.
In addition to regular services, Matrec provides specialized offerings like hazardous waste collection, contributing to diverse revenue streams. Online account management enhances client experience by simplifying payment and service modifications. Matrec's growth strategy includes expanding its service offerings and geographic reach, particularly targeting new markets in Canada and the United States. Recent funding obtained from GFL Environmental Inc.
will support these initiatives, alongside the development of new products designed to enhance service efficiency. The company aims to leverage its acquisition by GFL to expand its operational capabilities and market presence by 2016.
Current Investors
GFL Environmental Inc.
Primary Industry
Power & Utilities
Sub Industries
Waste Management, Environmental Services
Website
www.matrec.ca
Company Stage
Add-on
Total Amount Raised
Subscriber access only
Matrec - 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 | Completed | Matrec | - |
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