Selected sustainability M&A transactions
December 2023
![Logo of Municipal District Services](/-/media/rj/dotcom-canada/images/ecm-tombstones/municipal_district_services.png)
Undisclosed
Sale to FCC Aqualia, S.A
FINANCIAL ADVISOR
December 2023
![Logo of Ember Infrastructure](/-/media/rj/dotcom-canada/images/ecm-tombstones/ember-infrastructure.png)
C$395,000,000
Acquisition of H2O Innovation
FINANCIAL ADVISOR
August 2023
![Logo of Environmental Site Solutions](/-/media/rj/dotcom-canada/images/ecm-tombstones/environmental-site-solutions.png)
Undisclosed
Sale to Newterra
FINANCIAL ADVISOR
July 2023
![Logo of Hydro International](/-/media/rj/dotcom-canada/images/ecm-tombstones/hydro-international.png)
Undisclosed
Sale to Oldcastle Infrastructure
FINANCIAL ADVISOR
June 2023
![Logo of Treatment Technologies](/-/media/rj/dotcom-canada/images/ecm-tombstones/treatment-technologies.png)
Undisclosed
Sale to Inframark
FINANCIAL ADVISOR
June 2023
![Logo of GWTT](/-/media/rj/dotcom-canada/images/ecm-tombstones/gwtt.png)
Undisclosed
Sale to Ember Infrastructure
FINANCIAL ADVISOR
February 2023
![Logo of E360S](/-/media/rj/dotcom-canada/images/ecm-tombstones/e360.png)
Undisclosed
Sale of majority stake to
BlackRock
FINANCIAL ADVISOR
February 2023
![Logo of Morgan Stanley Capital Partners](/-/media/rj/dotcom-canada/images/ecm-tombstones/morgan-stanley.png)
Undisclosed
Acquisition of Apex Companies
FINANCIAL ADVISOR
January 2023
![Logo of Volta](/-/media/rj/dotcom-canada/images/ecm-tombstones/volta.png)
US$169,000,000
Sale to Shell
FAIRNESS OPINION
December 2022
![Logo of Comvest Partners](/-/media/rj/dotcom-canada/images/ecm-tombstones/comvest.png)
Undisclosed
Aquisition of Duke's Root Control
FINANCIAL ADVISOR
June 2022
![Logo of UGSI Solutions](/-/media/rj/dotcom-canada/images/ecm-tombstones/ugsi-solutions.png)
Undisclosed
Sale to
![Logo of Baird Capital](/-/media/rj/dotcom-canada/images/ecm-tombstones/baird-capital.png)
FINANCIAL ADVISOR
March 2022
![Logo of Onex](/-/media/rj/dotcom-canada/images/ecm-tombstones/onex.png)
Undisclosed
Majority Investment in
Resource Environmental Solutions
FINANCIAL ADVISOR
December 2021
![Logo of EUSG](/-/media/rj/dotcom-canada/images/ecm-tombstones/eusg.png)
US$484,000,000
De-SPAC transaction with
ADS-TEC Energy Common Shares
FINANCIAL ADVISOR
November 2021
![Logo of Orion](/-/media/rj/dotcom-canada/images/ecm-tombstones/orion.png)
Undisclosed
Sale to Lakeshore Recycling
Systems
FINANCIAL ADVISOR
October 2021
![Logo of United Sic](/-/media/rj/dotcom-canada/images/ecm-tombstones/united-sic.png)
US$227,100,000
Sale to Qorvo
FINANCIAL ADVISOR
August 2021
![Logo of Ad-Edge](/-/media/rj/dotcom-canada/images/ecm-tombstones/ad-edge.png)
Undisclosed
Sale to Chart Industries
FINANCIAL ADVISOR
August 2021
![Logo of Volta](/-/media/rj/dotcom-canada/images/ecm-tombstones/volta.png)
US$1,400,000,000
De-SPAC transaction with Tortoise Acquisition Corp. II
FINANCIAL ADVISOR
July 2021
![Logo of Artius](/-/media/rj/dotcom-canada/images/ecm-tombstones/artius.png)
US$1,440,000,000
De-SPAC transaction with Origin Materials
FINANCIAL ADVISOR
June 2021
![Logo of Audax Group](/-/media/rj/dotcom-canada/images/ecm-tombstones/audax-group.png)
Undisclosed
Acquisition of S.J. Electro Systems
FINANCIAL ADVISOR
April 2021
![Logo of Franklin Electric](/-/media/rj/dotcom-canada/images/ecm-tombstones/franklin-electric.png)
Undisclosed
Acquisition of Puronics
FINANCIAL ADVISOR
April 2021
![Logo of Stella Environmental Services](/-/media/rj/dotcom-canada/images/ecm-tombstones/stella.png)
Undisclosed
Acquisition of Puronics
FINANCIAL ADVISOR
March 2021
![Logo of CMD](/-/media/rj/dotcom-canada/images/ecm-tombstones/cmd.png)
US$245,000,000
Sale to Fluidra
FINANCIAL ADVISOR
November 2020
![Logo of Algonquin Power and Utilities Corp.](/-/media/rj/dotcom-canada/images/ecm-tombstones/algonquin.jpg)
US$365,000,000
Acquisition of Bermuda-based Ascendant Group
FINANCIAL ADVISOR
August 2020
![Logo of Waste Partners](/-/media/rj/dotcom-canada/images/ecm-tombstones/waste-partners.png)
Undisclosed
Sale to Tejas Investment Partners
FINANCIAL ADVISOR
July 2020
![logo of mCloud](/-/media/rj/dotcom-canada/images/ecm-tombstones/mcloud.jpg)
A$14,000,000
Acquisition of kanepi
FINANCIAL ADVISOR
June 2020
![Logo of Aqua M](/-/media/rj/dotcom-canada/images/ecm-tombstones/aquam.png)
Undisclosed
Sale of Aquam Water Services and Orbis Intelligent Systems
to Cadence Equity Partners
FINANCIAL ADVISOR
January 2020
![Logo of CDN Asset Manager](/-/media/rj/dotcom-canada/images/ecm-tombstones/cdn-asset-manager.png)
Undisclosed
Sale of minority equity interests in a 300 MW portfolio of Ontario solar plants to a Korean LifeCo.
FINANCIAL ADVISOR
October 2019
![logo of Frontier Water Systems](/-/media/rj/dotcom-canada/images/ecm-tombstones/frontier-watersystem.png)
Undisclosed
Sale of majority stake to Evoqua Water Technologies
FINANCIAL ADVISOR
July 2019
![logo of mCloud](/-/media/rj/dotcom-canada/images/ecm-tombstones/mcloud.jpg)
C$42,600,000
Acquisition of Autopro
FINANCIAL ADVISOR
April 2019
![Logo of ZCL](/-/media/rj/dotcom-canada/images/ecm-tombstones/zcl.png)
C$312,000,000
Sale to Shawcor
FINANCIAL ADVISOR
August 2018
![Logo of DIF](/-/media/rj/dotcom-canada/images/ecm-tombstones/dif.jpg)
Undisclosed
Sale of a 53 MW portfolio of
Ontario solar assets to Ullico
FINANCIAL ADVISOR
March and November 2018
![Logo of Algonquin Power and Utilities Corp.](/-/media/rj/dotcom-canada/images/ecm-tombstones/algonquin.jpg)
US$953,000,000
Acquisition of a 41.5% stake in Atlantica Yield and entered into a JV with Abengoa
FINANCIAL ADVISOR