Environmental 360 Solutions Inc., Announces Investment by The Canadian Business Growth Fund
TORONTO, ON, March 11, 2020 – Environmental 360 Solutions (“E360S”) is pleased to announce the Canadian Business Growth Fund (“CBGF”) has made a minority equity investment in E360S.
The Canadian Business Growth Fund (CBGF) provides long-term, patient, minority capital to ambitious entrepreneurs to fund growth and expansion of mid-market businesses through an evergreen investment fund with capital commitments of $545 million. CBGF is committed to long-term partnerships with the companies it invests in. The proceeds from this equity raise will be used to support growth through both organic initiatives and acquisitions.
E360S’ founder, Danny Ardellini, said “This milestone investment validates our vision of becoming Canada’s most trusted environmental partner. This investment will enable us to continue on our growth trajectory and build a diversified environmental management company. The team at E360S looks forward to working with the CBGF team who are committed to supporting our long term growth strategy.”
Environmental 360 Solutions Inc. is an environmental management company providing solutions to municipalities and Industrial, Commercial and Institutional customers. With operations across ten Canadian cities in Ontario, Alberta, and British Columbia, E360S is dedicated to becoming North America’s leading and most trusted environmental management company.