June 12 (Reuters) - Hedge fund ADW Capital Management on

Wednesday urged GFL Environmental ( GFL ) to sell its

environmental solutions (ES)business and position itself as a

pure-play waste management firm.

New-York based ADW, which owns 1.7 million shares of GFL,

also asked the Canada-listed waste management company to

consider all inbound third-party acquisition offers.

"We cannot think of any reason why the company would explore

any other path than to sell its ES division. While we would be

in favor of an "outright" sale of the entire company, we

recognize the scope and scale of such a transaction," ADW said

in a statement.

GFL shares were trading at $37 on Wednesday. The company has

42 times forward profit estimates, above industry multiple of

14.61. The company was not immediately available for a comment

on Wednesday.

In the latest reported quarter, the company reported flat

revenue growth and a net loss of $172.8 million.