GFL Environmental Inc. entered into an agreement to acquire County Waste, LLC from Clairvest Equity Partners IV Limited Partnership, a fund managed by Clairvest Group Inc. (TSX:CVG), Scott Earl, Chief Executive Officer of Clairvest and management shareholder partners of Clairvest on December 5, 2019. Scott Earl, Chief Executive Officer and Founder of County Waste will join GFL as employee as well as shareholder. The employees of County Waste will also join GFL as a part of the acquisition. The transaction is subject to receipt of customary regulatory approvals, including approval under the Hart-Scott-Rodino Act. As on December 17, 2019, the transaction has been granted early termination of antitrust approval waiting period from Federal Trade Commission. The transaction is expected to close in January 2020.

GFL Environmental Inc. completed the acquisition of County Waste, LLC from Clairvest Equity Partners IV Limited Partnership, a fund managed by Clairvest Group Inc. (TSX:CVG), Scott Earl, Chief Executive Officer of Clairvest and management shareholder partners of Clairvest for approximately $480 million on January 1, 2020. Under the terms of transaction, GFL Environmental Inc. paid $445 million in cash and issued 41.8 million Class I Non-Voting Shares issued at a value of CAD 1.25 ($0.95) per share. At closing, Clairvest's sale proceeds was $45.6 million. The consideration also includes deferred contingent payment that is based on achieving certain corporate milestones.