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On November 8, 2023, Brown Gibbons Lang & Company (BGL) announced the sale of Fielding Environmental, a leading environmental solutions provider, to GFL Environmental Inc., North America's fourth-largest diversified environmental services company. BGL acted as the exclusive financial advisor to Fielding in this transaction, though the financial details were not disclosed.
Fielding Environmental, based in Mississauga, Ontario, specializes in liquid waste and gas processing, recycling, and disposal, offering Cradle to Cradle® waste management solutions. This positions Fielding as a unique provider of closed-loop environmental services, catering to various sectors including environmental, chemical, and manufacturing industries.
GFL Environmental, headquartered in Vaughan, Ontario, offers a wide range of services including solid waste management, liquid waste management, and soil remediation across Canada and the United States. The acquisition of Fielding is expected to enhance GFL's service offerings, particularly in specialized processing capabilities and hazardous waste management, supported by Fielding's Part B permit. Additionally, Fielding’s strategic location in the Toronto area is anticipated to drive GFL's growth and enable opportunities for internalization and organic cross-selling within its Environmental Services network.
Parties
Company
Brown Gibbons Lang & Company
Company
GFL Environmental Inc.
Company
Fielding Environmental
Deal Type
Merger & AcquisitionIndustry
OtherTransaction
Undisclosed/ConfidentialDeal Status
ActiveClosing Date