Lab One Capital Corp.
Lab One Capital Corp. has acquired Adanac Recovery Ltd.
Engagement Type:
Industry:
Waste Management, Recycling and Remediation Services
Lab One Capital Corp. has acquired Adanac Recovery Ltd. MNP Corporate Finance Inc. provided financial and tax due diligence services to Lab One Capital Corp.
Transaction Brief
Adanac Recovery Ltd. (“The Bottle Depot” ) was founded in 1995 and has been a pioneer acting as the largest beverage container recycling operation on Vancouver Island and one of the largest in BC. With three district Return-It centers across Victoria and an industrial, commercial, and institutional division offering direct pick-up, the Bottle Depot is able to divert over 125 million containers from the waste stream each year in addition to enabling meaningful fundraising opportunities for not-for-profit and charitable organizations.
Lab One Capital Corp. is a non-traditional micro-cap private equity firm that specializes in acquiring family-held companies in Western Canada.