GFL CEO Dovigi Addresses Take-Private Rumors on Q2 Earnings Call
On GFL Environmental's second-quarter earnings call in July 2026, CEO Patrick Dovigi confirmed that the company’s board had formed a special committee to evaluate offers from private capital for taking the firm private. He described this interest as validation of the company’s growth strategy and noted support from major institutional investors who believe GFL is undervalued. Despite challenges such as lower fuel surcharge revenues and weaker commodity prices, GFL outperformed expectations with a 16.3% year-over-year revenue increase to $1.95 billion and adjusted EBITDA of $591.2 million—up 14.8%. Dovigi emphasized strong pricing growth and the positive impact from M&A activity. The company is also progressing on its acquisition of Secure Waste Infrastructure, with a target closing date set for October 1 pending regulatory approval.
Tickers: $GFL
Topics: executive commentary financial performance M&A take-private rumors