Convertus Group
Convertus Group has acquired Envirem Organics Inc.
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Convertus Group has acquired Envirem Organics Inc. MNP Corporate Finance Inc. acted as exclusive financial advisor to Convertus Group in structuring and negotiating this transaction.
Transaction Brief
This transaction allows Convertus Group ("Convertus") to significantly expand its platform and will be a key factor in its goal of becoming the largest and most advanced organic waste processing operator in North America.
Convertus, a portfolio company of Convent Capital ("Convent") is a full-service provider for the treatment and recycling of organic waste and the largest processer of organic waste in Canada. Convertus is headquartered in London, Ontario and operates processing facilities in Ontario and British Columbia.
Convent is an open-ended investment firm established in Amsterdam, Netherlands. Convent has the ambition to prove that companies that commit to sustainable value creation based on circular business models will ultimately be the winners of the future.
Envirem Organics Inc. ("Envirem") is a diversified environmental company specializing in organic bio-products, including mulches, soils, and fertilizer. Envirem is headquartered in Fredericton, New Brunswick and operates processing facilities in New Brunswick, Nova Scotia, and Maine.