Toronto firm acquires Timmins industrial services company
Environmental 360's founder and CEO, Danny Ardellini, and investor Paul Coffey, a four-time Stanley Cup champion, were in Timmins on Oct. 31 to announce the news.
Environmental 360 Solutions is a full environmental company that deals with solid and liquid waste and recycling for residential and commercial clients, Ardellini explained to RogersMedia.
The company was established on Nov. 1, 2018, and has been growing ever since.
Launched in 2011, NISG is a multi-service earthworks and maintenance company.
Its services include environmental remediation, industrial cleaning and waste management, landscaping and fencing, foundations and pools. The diverse range of services allows the company to maintain steady work throughout the year.
Ardellini said NISG is Enviromental 360's sixth acquisition, and a seventh is on the way.
The company now has operations between Cornwall to Kelowna, B.C.
“Next year we should be on a growth pattern of doing anywhere between 14 and 17 acquisitions," Ardellini said. "It has gone faster than we thought."
The deals, he said, are in communities across Canada and exclude major metropolitan cities.
In Timmins, people can expect to see the new Environmental 360 trucks and dumpsters around town.
Ardellini said it will take about six months to rebrand the whole company.
This isn't the first time Ardellini and Coffey have worked together.
Coffey said years ago, they started a marketing company together. What he knew Ardellini is good at, though, is waste management.
“I’ve been lucky through my whole career to surround myself with real good people, whether it be Gretzky, whether it be Lemieux, whether it be Steve Yzerman, guys like that – great players. And Danny fits that bill times 10,” said Coffey.
“Any time you can surround yourself with somebody that’s real good at what they do, it’s a no-brainer."
-with files from RogersMedia
This story originally appeared on TimminsToday.com.