TorQuest Partners invests in Waste Solutions Canada Inc.

TorQuest Partners, Toronto, has completed an investment in Waste Solutions Canada Inc. (WSC), a London, Ontario-based company providing tech-enabled management services for waste and recycling.

As part of this transaction, WSC’s co-founders will retain ownership positions in the company and will partner with TorQuest in driving the company’s next phase of growth, WSC says.

Founded in 2006, WSC offers “vendor-agnostic” nonhazardous and hazardous waste, recycling and sustainability management solutions to commercial and industrial customers across a range of industries, including property management, senior living, manufacturing, institutional facilities and restaurants and hospitality. 

“We’re entering an exciting new phase of growth and are proud to partner with TorQuest to accelerate this journey,” WSC co-founder and CEO Jason Wilcox says. “Our success has always been rooted in our people, making it essential that we align with a partner who shares that people-first culture. TorQuest’s track record for scaling companies organically and through [mergers and acquisitions] supports our shared vision to be the leading managed service provider for waste in Canada." 

“We are very pleased to partner with Waste Solutions Canada, whose solutions-driven approach and track record of operational excellence have established the company as a trusted leader in the waste and recycling managed service provider sector,” says Matthew Chapman, partner at TorQuest. “Our investment reflects our strong conviction in the management team and our shared belief in the long-term growth potential of the business. We look forward to working closely with the WSC team to further scale the platform, broaden its service offering, accelerate growth through acquisitions and reinforce the company’s leadership position in the market."

KPMG Corporate Finance Inc. acted as financial advisors to the WSC, while Blake, Cassels & Graydon LLP acted as legal counsel. Torys LLP served as legal counsel to TorQuest Partners.