On September 8, 2025, TorQuest Partners announced its investment in Waste Solutions Canada Inc. (WSC), a prominent tech-enabled managed service provider offering waste and recycling solutions across various industries in Canada. The investment allows WSC’s co-founders, Jason Wilcox and Shane Curtis, to retain substantial ownership and collaborate with TorQuest to propel the company into its next growth phase.
Founded in 2006 and based in London, Ontario, WSC specializes in providing vendor-agnostic services for both non-hazardous and hazardous waste, recycling, and sustainability management tailored to commercial and industrial sectors, including property management, senior living, manufacturing, and hospitality. Under CEO Jason Wilcox, WSC has grown significantly, establishing itself as one of Canada’s leading providers, with a workforce of over 100 employees and operations throughout the country.
With TorQuest's backing, the existing leadership structure at WSC will remain intact, ensuring continuity and stability. Jason Wilcox expressed enthusiasm about the partnership, emphasizing the alignment of their people-first culture with TorQuest's focus on organic and acquisition-driven growth. He believes this collaboration will help elevate WSC's status as a top managed waste provider in Canada.
Matthew Chapman, a partner at TorQuest, highlighted WSC's solutions-driven approach and operational excellence as key factors in the investment decision. He noted confidence in the management team and shared belief in the business's long-term growth potential, looking forward to expanding WSC's services and market leadership through continued growth and strategic acquisitions. This investment marks the fourth from TorQuest Partners Fund VI.
KPMG Corporate Finance acted as financial advisors for WSC, while Blake, Cassels & Graydon LLP and Torys LLP served as legal counsel for WSC and TorQuest, respectively.
### About Waste Solutions Canada
WSC is a tech-enabled managed service provider focused on waste and recycling management across Canada. The company is recognized for its cost optimization, service consolidation, data analytics, regulatory compliance, and waste diversion strategies. Catering to a diverse clientele, from small businesses to Fortune 500 companies, WSC has been certified as a Great Place to Work for the past five years.
### About TorQuest Partners
Established in 2002, TorQuest Partners is a Canadian private equity fund manager with over C$5 billion in equity capital under management. In December 2023, they closed TorQuest Partners Fund VI, a C$2.27 billion fund targeted at middle-market companies. TorQuest collaborates closely with management teams to build business value, furthering their commitment to creating strong partnerships that prioritize growth and development in the companies they invest in.
For more information, Waste Solutions Canada can be explored at their website www.waste.solutions and TorQuest Partners at www.torquest.com.
This strategic partnership is indicative of an emerging trend in the waste management sector towards tech-enabled solutions and operational efficiency, likely fueling WSC’s ambitions to dominate the Canadian marketplace.
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