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GFL Environmental Announces Densification of Southern U.S. Footprint with the Acquisition of Sprint Waste Services and Provides Update on Year-to-Date M&A Activity
GFL Environmental Announces Densification of Southern U.S. Footprint with the Acquisition...
About this update from Gfl Environmental Inc
[{"type":"text","content":"\n \n \n \n GFL Environmental Announces Densification of Southern U.S. Footprint with the Acquisition of Sprint Waste Services and Provides Update on Year-to-Date M&A Activity\n \n \n /* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n \n \n \n \n \n GFL Environmental Announces Densification of Southern U.S. Footprint with the Acquisition of Sprint Waste Services and Provides Update on Year-to-Date M&A Activity\n \n \n Canada NewsWire\n \n \n \n \n \n \n VAUGHAN, ON\n \n \n ,\n \n \n May 2, 2022\n \n \n /CNW/ - GFL Environmental Inc. (NYSE: GFL) (TSX: GFL) (\"GFL\", \"we\", \"our\" or the \"Company\"), a leading North American diversified environmental services company, today announced the acquisition of Sprint Waste Services (\"Sprint Waste\"), a vertically integrated network of solid waste assets across 14 sites in\n \n Texas\n \n and two sites in\n \n Louisiana\n \n , including two C&D landfills in the\n \n Greater Houston Area\n \n .  The Sprint Waste assets are supported by a fleet of over 400 vehicles and more than 500 employees.\n \n \n \n \n \n \n \n \n \n \"We continue to demonstrate our ability to successfully execute on our growth strategy of pursuing strategic and accretive acquisitions,\" said\n \n Patrick Dovigi\n \n , Founder and Chief Executive Officer of GFL. \"The acquisition of Sprint Waste provides us with a unique opportunity to acquire a vertically integrated, complementary set of assets, while further densifying our solid waste footprint within the\n \n Southern United States\n \n . We are excited to welcome the over 500 Sprint Waste employees to the GFL family.\"\n \n \n Mr. Dovigi added, \"Sprint Waste has operated a regional platform with industry-leading margins for over 15 years under the ownership of\n \n Joseph Swinbank\n \n and his family. We are excited that Joe and his sons,\n \n Will and Reagan Swinbank\n \n , will continue to support the business going forward as both consultants and shareholders of GFL.\"\n \n \n Mr. Dovigi continued, \"In addition to the acquisition of Sprint Waste, since th...