Renaissance Capital logo

GFL Environmental Postponed, NYSE: GFL

North America's fourth-largest diversified waste management firm.

Industry: Industrials

Latest Trade: ()

First Day Return:

Return from IPO:

Industry: Industrials

GFL is the fourth largest diversified environmental services company in North America, with operations throughout Canada and in 23 states in the United States. Our diversified service offerings include non-hazardous solid waste management, infrastructure & soil remediation and liquid waste management services. These comprehensive services across our business lines position us to be a "one-stop" provider of environmental services to our customers and differentiate us from those of our competitors that do not offer the same breadth of services as we do. Our business is well-diversified not only across business lines but also across geographies and customers. We serve our customers through a strategically-located network of facilities in many major metropolitan centres and secondary markets across Canada and the US. The revenue generated in our solid and liquid waste management operations is predictable and recurring in nature as a result of the stability of waste generation and the contractual nature of these lines of business. The North American environmental services industry is highly fragmented and presents attractive opportunities for us to continue to grow through strategic, value-enhancing acquisitions. We have completed over 100 acquisitions since 2007, generally at an average adjusted EBITDA multiple of 7.0x, excluding platform acquisitions.
more less
IPO News for GFL Environmental
more
IPO Data
IPO File Date 07/19/2019
Offer Price
Price Range $20.00 - $24.00
Offer Shares (mm) 87.6
Deal Size ($mm) $1,927
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
IPO Data
IPO Date
Offer Price
Price Range $20.00 - $24.00
Offer Shares (mm) 87.6
Deal Size ($mm) $1,927
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
Underwriters
more
Company Data
Headquarters Vaughan, Canada
Founded 2007
Employees 9,500
Website www.gflenv.com