BC Partners and GFL to buy Coco Paving, the family business run by Bridging Finance’s controlling shareholders [Toronto Globe and Mail (Ontario, Canada)]
GFL Environmental Inc. Subordinate voting shares, no par value (GFL)
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Source: Toronto Globe and Mail
British private equity firm BC Partners and Canadian waste management company GFL Environmental Inc. GFL-T are teaming up to buy Coco Paving Group, the family business run by the controlling shareholders of troubled Bridging Finance Inc., The Globe and Mail has learned. London-based BC Partners will be the majority owner, while GFL will hold a minority position, according to someone familiar with the transaction. GFL founder Patrick Dovigi is also personally investing. Together, the buyers will jointly own a new entity chaired by Mr. Dovigi, called Green Infrastructure Partners, that will house the paving company. The Globe is not identifying the source because they are not authorized to speak publicly about the deal. Coco Paving is a family business run by siblings Jenny and Rock-Anthony Coco that predominately operates in Ontario, where GFL is also based. The Globe reported Tuesday that the Cocos are in talks to sell the business, and subsequently learned a deal with BC and GFL has
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- Analysts Estimate GFL Environmental Inc. (GFL) to Report a Decline in Earnings: What to Look Out for [Yahoo! Finance]Yahoo! Finance
- GIP aims to integrate sustainability into all it does [Globe and Mail, The (Toronto, Canada)]Globe and Mail, The
- GFL Environmental Inc. (NYSE: GFL) is now covered by analysts at Royal Bank of Canada. They set an "outperform" rating and a $46.00 price target on the stock.MarketBeat
- GFL Environmental Inc. Announces 10% Increase to Quarterly Dividend [Yahoo! Finance]Yahoo! Finance
- GFL Environmental Inc. Announces 10% Increase to Quarterly DividendPR Newswire
GFL
Earnings
- 2/20/24 - Miss
GFL
Sec Filings
- 4/15/24 - Form 6-K
- 4/4/24 - Form 6-K
- 4/2/24 - Form 6-K
- GFL's page on the SEC website