BGL Announces the Sale of Future Environmental to GFL Environmental
November 19 2018
November 19, 2018 – Brown Gibbons Lang & Company (BGL) is pleased to announce the sale of Future Environmental, Inc. (Future Environmental) to GFL Environmental Inc. (GFL). BGL’s Environmental & Industrial Services team served as the financial advisor to Future Environmental in the transaction. The specific terms of the transaction were not disclosed.
Based in Mokena, Illinois, Future Environmental is a leading provider of environmental services to the petroleum, pipeline, utility, and chemical markets in its region. Future Environmental is one of the largest used oil collection companies in the Midwest and offers a fully integrated suite of collection and recycling solutions for its broad customer base. Its Industrial Services Division provides scheduled maintenance and emergency response environmental services for a diverse group of pipeline, utility, and chemical companies. The company operates from 14 sites across the Midwest, enabling it to deploy equipment and people to job sites rapidly, thereby maximizing customer uptime.
About Brown Gibbons Lang & Company
Brown Gibbons Lang & Company is a leading independent investment bank serving the middle market. BGL specializes in mergers and acquisitions advisory services, debt and equity placements, financial restructuring advice, and valuations and fairness opinions, with global industry teams in Environmental & Industrial Services, Consumer, Diversified Industrials, Healthcare & Life Sciences, and Real Estate. BGL has offices in Chicago, Cleveland, and Philadelphia and real estate offices in Atlanta, Denver, Chicago, Cleveland, San Diego, and San Antonio, in addition to Global M&A partner offices in more than 50 countries across 5 continents. BGL is able to deliver to our clients unparalleled access to strategic relationships, investors, and opportunities globally. For more information, please visit www.bglco.com.