Updated
Updated · Bloomberg · Jul 3
GFL Environmental Weighs Take-Private Deal After Buyout Firms Show Interest in $18 Billion Waste Manager
Updated
Updated · Bloomberg · Jul 3

GFL Environmental Weighs Take-Private Deal After Buyout Firms Show Interest in $18 Billion Waste Manager

2 articles · Updated · Bloomberg · Jul 3

Summary

  • GFL Environmental is considering a potential take-private transaction after receiving preliminary interest from buyout firms, according to people familiar with the matter.
  • The North American waste manager has been discussing its options with advisers in recent months as investment firms explored a possible deal.
  • Any transaction remains at an early stage, with the interest described as preliminary and no agreement disclosed.

Insights

With record growth but crushing debt, can a private buyout truly unlock GFL Environmental's value?
Is GFL's pivot into cyclical oil waste a strategic gamble that only private equity can afford?