Bgl announces the sale of gfl's environmental services business valued at $8 billion

The transaction will allow gfl to pursue organic growth initiatives and solid waste m&a opportunities cleveland , march 3, 2025 /prnewswire/ -- 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.
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