GFL Environmental Inc. is considering a potential take-private transaction after receiving interest from buyout firms, according to people familiar with the matter cited by Bloomberg and the Financial Post. The reports do not specify which firms have shown interest, the size of any potential transaction, or the timing of a decision. They also do not state whether GFL has entered discussions or whether a deal is expected to proceed.
The Financial Post adds background on the company, noting that GFL was founded in 2007 and describes itself as the “fourth-largest diversified” environmental services company in North America. Taken together, the accounts indicate that GFL is evaluating strategic options that could result in it being removed from public markets, contingent on negotiations and further internal review. No financial terms or additional details are provided in the cited coverage.
