Fielding's strategic location in the greater
Toronto area serves as a
significant catalyst for GFL's future growth
CLEVELAND, Nov. 8, 2023
/PRNewswire/ -- Brown Gibbons Lang & Company (BGL) is
pleased to announce the sale of Fielding
Environmental (Fielding), a fully integrated environmental
solutions provider, to GFL Environmental Inc. (NYSE: GFL) (TSX:
GFL), the fourth-largest diversified environmental services company
in North America. BGL's
Environmental Infrastructure and Services investment banking team
served as the exclusive financial advisor to Fielding in the
transaction. The specific terms of the transaction were not
disclosed.
Fielding's strategic location in the
greater Toronto area serves as a
significant catalyst for GFL's future growth.
Headquartered in Mississauga,
Ontario, Fielding is a leading fully integrated
environmental solutions provider with differentiated liquid waste
and gas processing, recycling, and disposal capabilities.
Fielding's Cradle to Cradle® waste management and diversion
solutions, anchored by its unique infrastructure and permit
portfolio, enable it to provide closed-loop environmental solutions
benefitting the circular economy. Fielding's differentiated
capabilities and proven ability to manage complex waste streams
make it a single-source solutions provider to a diverse group of
environmental, chemical, manufacturing, and other hazardous and
non-hazardous waste generators.
Headquartered in Vaughan,
Ontario, GFL is a leading North American diversified
environmental services company providing a comprehensive line of
solid waste management, liquid waste management, and soil
remediation services via its network of state-of-the-art facilities
and service centers located across Canada and the
United States.
The acquisition of Fielding's highly complementary, specialized
processing capabilities and a Part B (hazardous waste) permit will
allow for the realization of material internalization and organic
cross-selling growth opportunities within GFL's existing
Environmental Services network. Fielding's strategic location in
the greater Toronto area serves as
a significant catalyst for GFL's prospective growth.
About Brown Gibbons Lang & Company
Brown Gibbons
Lang & Company (BGL) is a leading independent investment bank
and financial advisory firm focused on the global middle market.
The firm advises private and public corporations and private equity
groups on mergers and acquisitions, capital
markets, financial restructurings, business valuations
and opinions, and other strategic matters. BGL has
investment banking offices in Chicago, Cleveland, Los
Angeles, and New York, and
real estate offices in Chicago,
Cleveland, and San Antonio. The firm is also a founding
member of Global M&A Partners, enabling BGL to service clients
in more than 35 countries around the world. Securities transactions
are conducted through Brown, Gibbons, Lang & Company
Securities, LLC, an affiliate of Brown Gibbons Lang & Company
LLC and a registered broker-dealer and member of FINRA and SIPC.
For more information, please visit www.bglco.com.
View original content to download
multimedia:https://www.prnewswire.com/news-releases/bgl-announces-the-sale-of-fielding-environmental-to-gfl-environmental-inc-301982404.html
SOURCE Brown Gibbons Lang & Company