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R&D Recycling has been acquired by GFL

June 2021 — The founder of R&D Recycling has sold the company to GFL Environmental Inc. (GFL).

In operation since 1999, R&D Recycling is a regional materials recovery facility operator specialized in solid waste collection and processing. Since its inception, the company has built an excellent reputation with the neighboring municipalities and was able to maintain a high quality service thus satisfying the needs of its customers.

Headquartered in Vaughan, Ontario, GFL is the fourth largest diversified environmental services company in North America, providing a comprehensive line of non-hazardous solid waste management, infrastructure and soil remediation and liquid waste management services through its platform of facilities throughout Canada and in 27 states in the USA. GFL has a workforce of more than 15,000 employees.

Our role in the transaction

Oaklins’ team in Toronto and Montreal advised the founder and shareholder of R&D Recycling throughout the sale process, identifying potential buyers and negotiating the various terms of the transaction with the buyer.

Parties
“The Oaklins team was the ideal advisor to help us successfully complete the sale of our family business. Their proven experience in the environmental services industry, established relationships with the potential buyers and senior level commitment and guidance from the beginning to the end of the process made a real difference. From the very beginning through closing, the team conducted a well-organized process with straightforward, clear communication and high level of involvement. We couldn’t have asked for more.”

Jean-Luc Labonté

Founder, R&D Recycling

Talk to the deal team

Sebastien Nadeau

Managing Partner
Montreal, Canada
Oaklins Canada

Jonathan D. Sherman

Partner
Toronto, Canada
Oaklins Canada

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