In the article, Craig explores the potential effects of tariffs on the trucking industry and how trucking and logistics companies can navigate the market amid uncertainty.
The Truckload Carriers Association Annual Convention brings together C-Suite executives, managers, and truckload carriers to connect and learn about the latest trends in the trucking industry.
BGL Managing Director Craig Decker will be attending this year’s conference and available to discuss upcoming opportunities in the transportation and logistics industry.
BGL’s Transportation & Logistics Infrastructure investment banking team has decades of experience across the sector. With this in-depth knowledge and deep sector expertise, we have executed transactions in trucking and logistics, transportation infrastructure, supply chain, maritime and offshore, and passenger transport.
Brown Gibbons Lang & Company (BGL), a leading independent investment bank and financial advisory firm, is pleased to announce GFL Environmental Inc. (NYSE: GFL) (GFL), the fourth-largest diversified environmental services company in North America, has sold its Environmental Services business to funds managed by affiliates of Apollo (NYSE: APO) (Apollo Funds) and BC Partners (BC Funds) for an enterprise value of $8 billion. BGL’s Environmental investment banking team served as GFL’s financial advisor in the transaction.
Headquartered in Vaughan, Ontario, GFL is the fourth largest diversified environmental services company in North America, providing solid waste management services through its platform of facilities across Canada and in more than half of the U.S. states. Across its organization, GFL has a workforce of more than 15,000 employees.
GFL expects to use the proceeds from the sale to repay debt, making available up to $2.25 billion for the repurchase of GFL shares, subject to market conditions, and the balance for transaction fees and general corporate purposes. The sale allows GFL to accelerate its balance sheet deleveraging with a path to investment grade levels, deploy incremental capital across organic growth initiatives and solid waste M&A, and return of capital to shareholders through share repurchases and future dividend increases.
Pursuant to the transaction agreement, GFL will retain a 44% equity interest in the Environmental Services business, and the Apollo Funds and BC Funds will each hold a 28% equity interest.
BGL’s Environmental Services & Infrastructure investment banking team has been ranked #1 in Environmental Services transaction volume in North America since 2016, according to Pitchbook.com. Our Environmental team focuses on businesses that perform essential services to the waste processing & disposal, water & wastewater treatment, waste-to-value, and waste-to-energy markets.
All financial information is in Canadian dollars unless otherwise noted.
Headquartered in Vaughan, Ontario, GFL is the fourth largest diversified environmental services company in North America, providing solid waste management services through its platform of facilities across Canada and in more than half of the U.S. states. Across its organization, GFL has a workforce of more than 15,000 employees.
BGL Managing Director and Head of Services and Infrastructure Effram Kaplan was quoted in an article published by Waste Dive entitled, “Waste M&A trends to watch in 2025.”
With deal activity expected to continue this year, Effram weighs in on how regulatory changes and private equity investment could play out in the sector.
For all of Effram’s insights, including the evolution of private capital in today’s dealmaking environment, read the complete article on the Waste Dive website.
Founded in 1994 and headquartered in Browns Summit, North Carolina, Shamrock is a leading vertically integrated industrial waste and wastewater platform. Leveraging its network of interconnected, highly permitted facilities and complementary industrial and field services, Shamrock collects and transports recurring liquid waste for a highly diverse and attractive commercial and industrial customer base across more than 20 states.
Brown Gibbons Lang & Company (BGL), a leading independent investment bank and financial advisory firm, is pleased to announce the sale of Shamrock Environmental (Shamrock), a premier, vertically integrated industrial waste and wastewater services platform and portfolio company of CenterOak Partners, to Republic Services, Inc. (NYSE: RSG). BGL’s Environmental Infrastructure investment banking team served as a financial advisor to Shamrock in the transaction. The specific terms of the transaction were not disclosed.
Founded in 1994 and headquartered in Browns Summit, North Carolina, Shamrock is a leading vertically integrated industrial waste and wastewater platform. Leveraging its network of interconnected, highly permitted facilities and complementary industrial and field services, Shamrock collects and transports recurring liquid waste for a highly diverse and attractive commercial and industrial customer base across more than 20 states.
Headquartered in Phoenix, Arizona, Republic Services is one of the largest waste management and environmental services companies in North America, providing recycling, solid waste, special waste, hazardous waste, and field and industrial services for the residential, commercial, and industrial end markets.
BGL’s Environmental Services & Infrastructure investment banking team has been ranked #1 in Environmental Services transaction volume in North America since 2016, according to Pitchbook.com. Our Environmental team focuses on businesses that perform essential services to the waste processing & disposal, water & wastewater treatment, waste-to-value, and waste-to-energy markets.
Metro Connect USA 2025 is a must-attend event for the U.S. digital infrastructure community.
BGL Managing Director Nick Melton will be attending the conference and will be available to meet with entrepreneurs, sponsors, and other digital infrastructure leaders.
NATE UNITE 2025 is the leading conference and trade show in the wireless and broadcast infrastructure sectors.
BGL Managing Director Owen Weihman will be attending the conference and will be available to meet with entrepreneurs, sponsors, and other digital infrastructure leaders.
