GFL Environmental poised to make about 20 new acquisitions by the end of the year: CEO Patrick Dovigi, founder and CEO of GFL Environmental, joins BNN Bloomberg to discuss the company's strong quarter. [5] GFL would go on to successfully acquire nearly a dozen waste management companies. In 2017, Dovigi was named Entrepreneur of the Year in the Power & Utilities & Environment sector at the EY Entrepreneur of the Year Ontario Awards.
The Toronto-based company is active in waste management. Patrick has instilled an entrepreneurial culture in GFL's leadership team with a focus on operational excellence, sustainability and safety as core values. Enable push notifications on your device. She also has tons of cool toys to play with, such as her kneeboards, snorkeling equipment, inflatable water toys, fishing equipment, seabobs jet-skis, an inflatable trampoline, and many more. Introduction. Biography of Patrick Dovigi. Each weekday morning for close to two months, Dovigi waited outside a yard filled with City of Toronto garbage trucks. (It has since been sold for $13 million.) [13] In October 2018, GFL merged with Waste Industries in a deal that valued Waste Industries at US$2.825 billion (approximately C$3.65 billion). The plan was to renovate the existing 3,800-square-foot cottage on Reef Island and erect a new 7,800-square-foot home as well. It was funny. Some say I have an eye for building and my wife has an eye for design, he says. [5][10] Although passionate about playing hockey, a teammate of Dovigis recalls that, We were thinking only about hockey. GFL, on the other hand, carried out all maintenance and refuelling overnight. Patrick Dovigi; Born: July 2, 1979 Birthplace: Sault Ste. Dovigi, 33, of Toronto, said he had believed the mom, Mojdeh Razi, 36, an interior designer, was only taking a vacation and would return to Canada for the birth. Over the past year, he's acquired two homes in Aspen for $117 million. He was born into the large Italian community in Sault Ste. Retired professional hockey player and Canadian waste management billionaire Patrick Dovigi has sold a mansion in the ritzy Bal Harbour area near Miami, reports South Florida real estate news. Patrick was very good at unearthing an abundance of opportunities, says Payne. Sign in or register for your free account, Spruce Point Capital Management targets waste management giant, Province proposing Mining Act changes to boost critical mineral production, Feds won't match Ontario's billion-dollar Ring of Fire pledge until assessments are done, Indigenous biomass heat and power plant lands $35 million from Ottawa, Dyment Quarry - Dryden ON - Mining Shift Change Supervisor. Please mention SuperYachtFan when using this information.if(typeof ez_ad_units!='undefined'){ez_ad_units.push([[320,100],'superyachtfan_com-medrectangle-4','ezslot_7',683,'0','0'])};__ez_fad_position('div-gpt-ad-superyachtfan_com-medrectangle-4-0'); He lives with his wife Fernanda Dovigi in a large house in Toronto. The hockey metaphor comes naturally to Dovigihe shares a family tree with NHL Hall of Famers Phil and Tony Esposito, and he was drafted by the Edmonton Oilers as a goalie in 1997. (They all did.) Its a very fragmented marketplace here, says Kaplan, who has advised businesses in transactions with GFL. Info about the yachts Owner, more Photos and Video, her current Location, and the latest News. Dovigis path to the garbage business took several turns. GFL is sensitive about the perception of its debt. Under Dovigi's leadership, GFL Environmental has grown to have a total enterprise value of $5.13 billion as of April 2018. The yacht ANDREA was built by CRN as Cloud 9.
GFL Executive Team | GFL Environmental What Patrick is doing is forward-thinking.. (Three men who operated the site before Dovigis arrival were ultimately found guilty under Ontarios Environmental Protection Act of causing or permitting contaminants to be released into the environment; they were sentenced to 11 days in jail.). Aboard the LADY JORGIA yacht, guests can have full access to the yachts swimming pool, gym, exercise equipment, deck jacuzzi, spa room, tender garage, beach club, helipad, and BBQ station. A hearing is scheduled in BC Supreme Court on May 2, 2016. Dovigi wasnt above mixing it upa YouTube clip from 1996 shows him and a rival goalie exchanging blows at centre ice. He was born in 1979. He notes that growth tracked ahead of plan and expects it to pick up with the economic reopening. We have private-company levels of debt, and once we go public, we will have public-company levels of debt, says Pelosi. LADY JORGIA yacht is a 74-meter superyacht capable of hosting up to 12 guests in her eight spacious cabins, along with 25 qualified onboard crew members. Patrick Dovigi Founder, President, Chief Executive Officer Patrick is the Founder, President and CEO and Chairman of the Board of Directors of GFL. Careful not to draw attention, Dovigi, then 31, regularly swapped vehiclesa Ford F-150 one day, a Range Rover the next. Luke Pelosi, GFLs chief financial officer, describes driving with Dovigi around small communities like Estevan, Saskatchewan, and Fox Creek, Alberta, looking for acquisition targets. Sometimes when he speaks about his plans for GFL, he comes across like a hockey player giving an interview between periods: You know, weve got to continue executing the organic growth initiatives and, you know, expanding some of the liquid waste business and infrastructure business into the U.S. During one hour-long interview, he repeats you know more than 200 times. A database with more than 1,450 yacht owners. Dovigi, founder and CEO of Canada-based Green for Life Environmental, was a goalie for the Edmonton Oilers. Indeed. (. In 2007, Patrick had a vision to create a company that is Read More Patrick Dovigi's Phone Number and Email Last Update 11/30/2022 11:28 PM Email p***@gflenv.com Engage via Email Contact Number The yacht is an Amels 242 model, ROCINANTE yacht, formerly known as TV and Madsummer, is an exquisite mega yacht that is renowned for its, The NAJIBA yacht is a multi-award winning yacht built and delivered by Feadship in 2019 at their Aalsmeer, LADY JORGIA Yacht Patrick Dovigis $90M Superyacht. All property prices are as stated by the listing agent. She weighs approximately 2,200 gross tons, cruises at speeds of 12 knots, and can go to a top speed of 16.5 knots. Built from wood, glass and stone, the house was completed in 2006 and sits on about 4 acres at the base of Aspens Red Mountain. Despite its green name, recycling has been a relatively small part of GFLs revenuejust 5.6% in 2018. A mansion overlooking downtown Aspen has sold for $72.5 million, according to two people familiar with the deal. Dovigi successfully led in merging and acquiring several local haulers, including National Waste Services. Statistics of Patrick Dovigi, a hockey player from Sault Ste. Dovigi attributes the higher loss to purchase price accounting and depreciation of intangibles, which are non-cash. Within a year, GFL nonetheless appeared ready to plunge into public markets, with news reports in 2017 suggesting it was pursuing a $1-billion IPO. The roughly 22,000-square-foot, 11-bedroom compound, which includes a guesthouse, was purchased in 2009 for $43 million, according to public records. He recalls watching slack-jawed as two long lines of trucks, each 40 vehicles deep, formed to fuel up, since city crews only worked during the daytime. Mr. Sanders later renovated the property, according to a person familiar with the situation. Now the couple is renovating a seven-bedroom period home in Rosedale to accommodate their expanding brood. imported from Wikimedia project. Marie. And Patrick owns a private island in that same lake.if(typeof ez_ad_units!='undefined'){ez_ad_units.push([[120,600],'superyachtfan_com-banner-1','ezslot_0',851,'0','0'])};__ez_fad_position('div-gpt-ad-superyachtfan_com-banner-1-0');if(typeof ez_ad_units!='undefined'){ez_ad_units.push([[120,600],'superyachtfan_com-banner-1','ezslot_1',851,'0','1'])};__ez_fad_position('div-gpt-ad-superyachtfan_com-banner-1-0_1');.banner-1-multi-851{border:none!important;display:block!important;float:none!important;line-height:0;margin-bottom:15px!important;margin-left:auto!important;margin-right:auto!important;margin-top:15px!important;max-width:100%!important;min-height:600px;padding:0;text-align:center!important}. This was an instant success as many people around the world are interested in, or curious about, these multi-million dollar yachts and their wealthy owners. GFL's shares dropped nine per cent the day the Spruce Point report was issued, and had not fully recovered by close of trading Aug. 24. Rizzo resigned, and he was eventually convicted of bribery and sentenced to more than five years in prison.
It is the 4th largest environmental services company in North America. Payne recalls being impressed by Dovigis pitch. May 21, 2021 11:30 AM. Mr. Dovigi didnt immediately respond to a request for comment. She was built in 2017 by CRN and was designed on the exterior by Zuccon. Dovigi. In other cases, they were looking for places to build transfer stations or taking stock of where businesses store their garbage bins. Its too much money, he quips when the numbers are read out to him. This was an instant success as many people around the world are interested in, or curious about, these multi-million dollar yachts and their wealthy owners. Mayor Rob Ford, still two years away from the infamous crack scandal, had made good on his election promise to privatize trash pickup after a pair of smelly, drawn-out strikes by city collectors. For decades, Asian markets, particularly China, couldnt get enough of the worlds empty plastic bottles, old newspapers and aluminum cans, which could be cheaply remade into new goods. . He also brought in an outside law firm and forensic auditor to screen employee emails for evidence they were aware of the corruption. He is now an entrepreneur and businessman who is also the Chief Executive Officer of Green For Life Environmental Inc., a waste management company that provides environmental services. Patrick is the Founder, President and CEO and Chairman of the Board of Directors of GFL. While Winch Design is responsible for her interior. The buyer is Patrick Dovigi, a retired Canadian professional hockey player turned entrepreneur. How could a man whose rsum includes a stab at becoming an NHL goalie, a stint in automotive leasing and a failed venture alongside Kiss frontman Gene Simmons, create such a vast fortune from nothing? This site is for entertainment purposes only. "We will continue pursuing strategic and accretive growth opportunities as we build on our record of successfully integrating acquired companies and realizing synergies. Now GFL is poised for one of the biggest IPOs in Canadian history. People like to think its like an episode of The Sopranos. If Dovigi sees the irony in acquiring the artwork of a photographer whose work documents the horrifying effects of waste, he doesnt show it. This is all growth capital for us to continue growing GFL, he says. Her value is $90 million. The commission, according to the affidavit, does not oppose the sale, but wants the proceeds paid into court. That had never happened beforeno one outworks me, he says. More:U.S. Vacation-Home Market Is Outpacing the Broader Housing Boom. Former NHL goalie Patrick Dovigi punched another notch in his Aspen ski belt. Dovigi sold his waterfront Bal Harbour mansion at 252 Bal Bay Drive in 2020 for $23.3 million. And behind Dovigi, to the left, is Canadian Ambassador to. Dovigi used the funds to merge three small companies in 2007 and 2008, and while the initial plan was to grow the company to $50 million in revenue over five years and then sell it, Dovigi blew past that target in the first year. Founder of GFL Environmental, Inc., GFL Waste & Recycling Solutions Corp. and GFL Environmental, Inc., Patrick Dovigi presently is Chairman, President & Chief Executive Officer for GFL . Now, Delia Mulholland claims that the sale of the Whistler property cant go through unless the SECs certificate is lifted. Goalie -- shoots L Born Jul 2 1979 -- Sault Ste.
In the hot seats: Who's sitting courtside (or close to it) to watch the In the meantime, GFL has grown so much since winning the Toronto contract that it accounts for only a fraction of its business. The yacht was sold in early 2019. Her annual running costs are around $9 million. Appraiser Jonathan Miller said the transaction sets a price record for a single-family home in the upscale Colorado ski town. Im just trying to buy a piece of real estate, he said. A database with more than 1,450 yacht owners. My wife and daughter were killed when Iran shot down Flight PS752 . All rights reserved 2023 The Real Deal is a registered Trademark of Korangy Publishing Inc. Greystone sells Lantana apartments to real estate mogul for $10M, Sticker shock: Ranking South Floridas priciest residential rentals, $16M Fisher Island closing tops weekly condo sales in Miami-Dade, Related Group and partners in contract to buy Fisher Island dev site for luxury condo project, High Street, Daiwa bring resi to River Oaks, St. Charles revamp of torched resort takes center stage in local City Hall races, LIV plans massive resi project in Fort Worth, KBS deal to sell Union Bank Plaza to Joel Schreiber delayed for 9th time. Follows Toni, who has a complete breakdown and ends up in a mental facility after the unexpected news that her husband was murdered, and even she is a suspect. There are markets where there are opportunities for us to have our own cradle-to-grave solutions, says Dovigi. The yachts owner was Canadian billionaire Patrick Dovigi. As a result, the last trucks didnt even leave the lot until after 9 a.m. But winning the Toronto contract would be huge. Between fights with cottagers, court battles and property flips, you might assume Dovigi has little time for the waste business. The company was founded in 1984 by Gianni Zuccon and his late wife Paola Galeazzi. He lives with his wife VanessaSpeer in a large US$ 45 millionhousein Rose Bay, near Sydney. By Jordan Pandy. A year later, the case went all the way to the Supreme Court of Canada, which sided with Razi. This is the garbage business.. Delivers the most important property news around the world to your inbox each weekday, COPYRIGHT 2023 MANSION GLOBAL. Early on, Dovigi realized the importance of building a brand that would unify his acquisitions and stand out, even in the unglamorous world of garbage. Assuming it goes ahead as planned, the companys subordinate-voting shares will trade on both the TSX and a U.S. exchange (yet to be determined). Between December 2017 and December 2018, GFLs long-term debt swelled from $2.5 billion to $6.3 billion. We are active on social media including Facebook, Instagram, YouTube, Twitter, and TikTok.if(typeof ez_ad_units!='undefined'){ez_ad_units.push([[300,250],'superyachtfan_com-large-mobile-banner-2','ezslot_5',176,'0','0'])};__ez_fad_position('div-gpt-ad-superyachtfan_com-large-mobile-banner-2-0'); The details about yacht ownership as stated on this site and in our Yacht Owners Register are sometimes based on rumors. Meanwhile, the title and assessment documents included with the filing list Vision Crest Consulting Group and 2978 High Point Drive Whistler Holdings as being registered in Calgary to a virtual office address under the name of David Schindler, but Schindler declined to comment when contacted by BIV.
GFL Environmental CEO Patrick Dovigi on rising from the - Waste Dive In a response to the SECs lawsuit, also filed April 20, Delia Mulholland, as a Vision Crest director, denies that the properties and the companies were part of her husbands alleged fraud. When people buy less stuff, they produce less garbage, forcing waste companies to compete harder on price. Shares the stories you may have missed from the world of luxury real estate. [9], While playing minor league hockey, Dovigi began gaining business and entrepreneurial experience.
Patrick Dovigi Stats and News | NHL.com (. Marie-born billionaire founder of GFL Environmental Inc., issued another statement early Aug. 25 deploring allegations made by New York short-seller Spruce Point Capital Management. Marie, in Northern Ontario, and his parents were both teachers, though his father also owned two chains of sports bars. She declined to comment. Owned by waste managment magnate Patrick Dovigi. I do not have a job and caring for my daughters occupies my time fully, she states in her affidavit. Its okay, Dovigi says of the stains. This was an instant success as many people around the world are interested in, or curious about, these multi-million dollar yachts and their wealthy owners. GFL, which stands for Green for Life, has an even larger business in hauling waste away from companies, office towers and apartment buildings. BBRC is a private investment company that is active in 3 key portfolios. Linked companies : GFL Environmental Inc. The deal beats the previous record of $3,924 per foot for penthouse 2 at Palazzo Della Luna. Because of his own background as an entrepreneurPayne co-founded an online bank with Elon Musk that became part of PayPalhe says he has learned to recognize the characteristics of someone who can make something out of nothing. He saw that in Dovigi. By using the Maple transfer station as a base, he believed he could stitch together some of these smaller solid and liquid waste shops, and bundle their services for customers. Payne, whose private equity fund sold its stake in GFL after 11 years, says analysts will want to see exactly how GFLs frantic pace of acquisitions are leading to synergies and quarterly improvements in productivity. Opponents pleaded with council to block the redevelopment, with several citing Dovigis own nearby cottage as a reason. Dovigi attended Ryerson University in Toronto in 2000, studying business management at the school. Do you have anything to add to this listing? Founder, President, Chief Executive Officer.
Canada's Richest People: Green For Life CEO Patrick Dovigi The property was purchased by Patrick Dovigi, a Canadian who was a former professional hockey player who is now founder, president and CEO of Green for Life Environmental, a North American. Marie. He says no company in the U.S. is consolidating across different types of waste collectionin particular, liquid waste and industrial servicesas intently as Dovigi is. Certainly not billionaire Patrick Dovigi. (Interestingly, GFLs prospectus says the company intends to use the proceeds to repay certain indebtedness.) But he admits that over time, BC Partners will sell its shares. This raises a question: How long will GFLs existing investors stick around? We push all the money out into the field to the regional guys, who know their local markets better., Those who have watched Dovigis rise know his willingness to leap into the trenches is what sets him apart. Age : 43. That property, a roughly. I dont smoke, I dont drink, I dont do drugs. Darryl McCoubrey, an analyst with Veritas Investment Research, says investors will be watching to see how GFL manages its debt levels, which are at the high end for the industry. [9], Dovigi and GFL gained a significantly higher level of prominence when the company won a $186-million, nine-year contract to manage and collect the residential waste of 155,000 homes in the west end of Toronto. Having turned 40 in July, he owns several properties, including a luxury home in Torontos exclusive Rosedale neighbourhood, a private island in the Muskoka Lakes district, north of the city, and property on B.C.s West Coast. GFL Environmental Inc. (NYSE:NYSE:GFL) Q2 2021 Earnings Conference Call July 29, 2021 8:30 AM ETCompany ParticipantsPatrick Dovigi - Founder, President, Chief Executive OfficerLuke Pelosi -. GFL, then four years old, had already secured contracts to collect waste and recycling in parts of Hamilton and Peel Region, next door to Toronto. Ouryacht owners database has more info about yachts, the value of yachts, yacht owners, their source of wealth, and net worth. We dont have minions out doing thisits Patrick himself.. The luxury yacht can accommodate 12 guests and a crew of 28. Patrick.
Patrick Dovigi - Biography - MarketScreener.com GRACE yacht, formerly known as Kibo, is a 266-foot superyacht built back in 2014 by Abeking & Rassmussen., The SYNTHESIS yacht is billionaire entrepreneurs Mark Scheinbergs $100 million superyacht. She claims the couple bought the Whistler property for a winter vacation home, and that for investment purposes, title to the land would be in the name of a single purpose investment company to be able to sell it by way of a non-taxable share sale of the nominee company.. Sault Ste. After operating largely away from the public eye for more than a decade, GFL will undergo a level of scrutiny with its IPO that he has never experienced. [3], In honour of his hometown, in 2018 Dovigi acquired naming rights for GFL for the home of the Soo Greyhounds from the city of Sault Ste.
ESG - Board of Directors - Person Details - GFL Environmental The half-dozen GFL executives who helped out did the same. Mr. Dovigi also received a salary of $1.97-million, a cash bonus of just. The yacht is designed by Zuccon International. City. That company is now part of AllianceBernstein. On a psf basis, it marks a record on Fisher Island and second priciest countywide, Patrick Dovigi in front of his four-bedroom unit at Palazzo Della Luna (Lifestyle Production Group, Chrisn45, CC BY-SA 4.0/via Wikimedia Commons). Our reporting is copied and/or used by many international media companies. This was Dovigis aha moment. Dovigi knew many mom-and-pop operations would soon go on the block as their owners retired, but the big guys were too lumbering to be interested in such tiny deals. Find Patrick Dovigi in Erie, PA and view their phone number, full address, relatives, and public records. Our return from first dollar in 2007 to our exit in 2018 was 24 times our money, he says. Theres some irony in the fact that as the Western world faces a garbage crisis, the garbage business is booming. Patrick Dovigi. Often actual yacht ownership by the private individuals mentioned can not be confirmed, at least from a legal point of view. Their purpose was recon: They needed to know how long it took each city truck to leave the lot, how often trucks emptied their loads, and how many hours it took to collect garbage from 165,000 households in whats known as City of Toronto District 2an area from Yonge Street west to the Humber River, and from Steeles Avenue down to Lake Ontario. I wanted to do something where I could control my own destiny..
Patrick Wojahn Wife, Is He Married? Husband, Wikipedia, Age, Family It was called Disko Duck. Instead, a few months later, it announced a capital infusion by Teachers, BC Partners and GIC, followed shortly after by its biggest acquisition yet: the $3.7-billion purchase of Waste Industries of Raleigh, North Carolina, which doubled GFLs size. Patrick Dovigi Net Worth: $1.08 billion. In July, GFL acquired Canada Fibers, which handles 60% of Ontarios blue-box recycling. At the time, Dovigi called it a terrible decision that left him bitterly disappointed. Joshua Saslove, also of Douglas Elliman, represented Mr. Sanders in the transaction. CRN Yachts is a luxury yacht builder based in Ancona, Italy. (Its exact stake is not yet public. From 1999 to 2002, Dovigi served as vice president of Right Lease, a construction equipment and automotive leasing company. For the optimum Mansion Global experience, please turn off any ad blockers and refresh this page. Every six months, I get a new one., With the IPO, depending on the valuation GFL receives, Dovigis stake could be worth up to $2 billion, and the companys prospectus shows that in fiscal 2018, his total pay package was $47.5 million, making him one of the highest-paid CEOs in the country. A Legacy 450 has a list price of $ 15 million. So he took to the skies, chartering a helicopter to fly over the lot mornings and afternoons on several occasions, counting trucks to learn how many were left dormant each day. It wasnt publicly listed for sale this time around. [6] Dovigi lives in Toronto with his wife and five children and has a second home in Muskoka, Ontario. On the other hand where theres smoke, there is fire ;-). Then theres the squad of activist short sellers who have made an art out of crusading against high-flying Canadian companies with rich valuations and aggressive growth strategies. If I can successfully do this, I can do anything.. Brovi Investments had a mortgage on this waste transfer station and Dovigi was assigned to take care of the station's clean-up. Mr. Sanders declined to comment. But he didnt keep her for long, as she was sold again. No. LADY KATHRYN V (203 feet) Owned by Construction CEO Leo Vecellio. The SuperYachtFan team is active in Investigative journalism. [20], Dovigi serves as a director on the board of directors for the Ontario Waste Management Association (OWMA).
Red Mountain residence sells for record-breaking $72.5M With the offering now complete, we anticipate closing the acquisition of the WM/ADS divestiture assets by late Q3/early Q4 2020 and the WCA acquisition before the end of Q4 2020.