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Environmental 360 Solutions, Inc. acquires the assets of Urban Impact’s Calgary division

TORONTO, ON, December 1, 2019 – Environmental 360 Solutions, Inc. (E360S) today announced it has acquired the assets of Urban Impact’s Calgary division, which operates in Calgary, Alberta. Financial terms of the transaction were not disclosed.

Urban Impact’s Calgary division provides shredding, paper and cardboard recycling, mixed recycling, and organic collection solutions, which will tuck-in and complement E360S’ current Calgary operations.

“I am thrilled to welcome Urban Impact’s Calgary team to the E360S family. They share our vision and promise of trusted environmental management” said Danny Ardellini, Founder, President and Chief Executive Officer, Environmental 360 Solutions Inc. “This acquisition enables E360S to expand its service offering to both existing and new customers and provide a holistic suite of environmental management solutions to Calgary and the surrounding area.”

The acquisition of Urban Impact’s Calgary division follows closely on the heels of the purchase of Northern Industrial Service Group in Timmins, Ontario, which closed on November 1, 2019.

About E360S Inc.

Founded in October 2018, by industry veteran Danny Ardellini, NHL legend Paul Coffey, Dave Gurney, Jason Claxton, and Almada founders Martin Goldfarb and Alon Ossip, E360S is dedicated to becoming North America’s leading and most trusted environmental management company. Growing through acquisition and internal expansion, E360S provides environmental and waste management solutions to municipalities and industrial commercial and institutional customers. E360S is based in Toronto, Canada and operates in Cornwall, Napanee, Calgary, Red Deer, Medicine Hat, and the Okanagan Valley.

About Danny Ardellini

With 30 years of experience in the Canadian waste management industry, Mr. Ardellini founded National Waste Services (NWS) in January 2000. Starting with a single truck, the company grew to serving over 400,000 households in Hamilton, Toronto, Kawartha Lakes, Durham Region, and the County of Northumberland, as well as a number of industrial and commercial customers. NWS merged with GFL in 2008.

About Almada Inc.

Founded in 2017, Almada is a private equity / venture capital entity which focuses on companies in which it has a significant influence or controlling position. Almada utilizes the skills and experiences of the principals, namely Alon Ossip and Martin Goldfarb, to create a series of investments in different verticals. Extensive work has already been done in software, industrials, real estate, environmental management, self-storage and aviation. Since its founding, Almada has invested over $200 million. Almada is based in Toronto, Canada.

Related Links:
https://www.e360s.ca
http://www.almadainvestments.com
For further information:
E360S Contact Danny Ardellini, dardellini@e360s.ca, 905-424-1608
Almada Investor Contact: Martin Goldfarb, mgoldfarb@almadainvestments.com, 416-833-1774
Media Contact: Paul Deegan, pdeegan@almadainvestments.com, 647-992-5522