Metal Recycling Roll-Up: $14M Equity/Debt Raise to Acquire Two Targets

June 13, 2024
by a searcher from Arizona State University in Phoenix, AZ, USA
Investment Highlights
Strategic Geographic Foothold and Consolidation Opportunity –
The Company is headquartered in the heart of California's Central Valley recycling corridor, occupying a prime location for sourcing and distribution. It is well-positioned to acquire two of the remaining major facilities in the region, enabling it to achieve sector dominance across the recycling hub.
$8M Debt Secured -
The $14M equity & debt investment will accompany $8M of low-interest debt. Collateral available to secure additional debt.
Experienced Management Team –
The Executive Leadership team has over 30 years of experience in the sector.
The attached Teaser represents the above Adjusted EBITDA; reflecting the financial impact and synergies gained from the acquisitions.
from University of Massachusetts Amherst in Boston, MA, USA
in Chicago, IL, USA