Charles Craig’s Post

This a great thing to see for waste & recycling brokerages Tells us: 1) there's funding out there for transactions, especially if there's deep pcokets behind the brand 2) sellers & buyers are finding agreeable terms to make a deal 3) Deal guys won't all starve in this high interest rate environment

There are only a few seismic changes you may face during your career and this is one of them for me. Having been around Lithium Battery wastes for nearly 12 years with all the hard work in learning and developing recycling techniques to manage them it all feels like it’s lead to this point. That said I wouldn’t be at the stage and business level without the belief from the Cawley family and their shared vision that having a UK based Lithium Battery recycling business was worth investing and growing to what we have today, one of the UKs first commercially licensed shredding facility that has been developed over the last 14 months with full circular economy. The synergy with SUEZ now makes complete sense and accelerates the excitement for our futures. 🚗💨⚡️ Lithium Battery Recycling Solutions Cawleys Waste & Resource Management SUEZ

Great news for the North American battery recycling market! Glencore saves Li-Cycle by what in many ways can be seen as a take over. A $75M convertable note which converts at a pre-money valuation of around $95M, three board seats to an important supplier of feedstock and buyer of the company's processed materials. The amount is far from the previously announced need to complete the material recovery plant in New York but may be sufficient to adapt to the new situation going forward with less refined intermediaries. That the LCE price has dropped from its record level should probably also help in the near future when sourcing material in both North America and Europe.

One person's trash is another investor's treasure... Having worked on relevant deals, Joel Slater and Samuel McCabe share their insights on the waste management and recycling industry—including a breakdown of the value chain as well as successful investment strategies supported by Stax. https://lnkd.in/dEVqNz8A #WasteManagement #Recycling #PrivateEquity

Tecum Capital is excited to announce its investment in Long Island Waste Services Llc. LIWS is a vertically integrated solid waste hauling company servicing commercial, residential, and industrial customers. Founded in 2020, LIWS’ comprehensive services encompass efficient waste collection, state-of-the-art transfer stations, materials recovery facility and environmentally responsible disposal. LIWS specializes in materials processing and commodities recycling where various recyclables such as cardboard, paper, metals and construction materials are recovered for resale or alternatives applications.  Tecum and Patriot Capital supported a #recapitalization led by Terramont Infrastructure Partners, partnering with the founders and management team. Dickson Suit of Environmental Services Investors served as an advisor for LIWS, and Comerica Bank provided senior debt financing for the transaction. LIWS has a strong and experienced management team, led by Anthony Avellino, President and CEO, who has been instrumental in the Company’s huge growth and expansion over the last three and a half years achieved through the acquisition of several waste management service companies as well as the expansion of the Company’s service capabilities. Anthony Avellino commented, “We have invested significant capital into the LIWS platform, and the Company is now well positioned for continued growth.” Matt Harnett, Partner at Tecum stated, “We’re extremely excited to be backing the LIWS team through its next phase of growth”. Husnain Safdar, Senior Vice President at Tecum added, “The business has compelling fundamentals with great company culture and market reputation. We’re excited about our partnership with management and Terramont and further building upon Tecum’s experience investing in waste and environmental service businesses”. Matt Harnett, Husnain Safdar, and Carter Henderson led the investment at Tecum.  See more here https://lnkd.in/eU53Jjaw #environmentalservices #waste #wastemanagement #privateequity #investment #recycling

The contemporary business landscape has witnessed a paradigm shift as industries worldwide recalibrate their operations to align with #ESG principles. Amid this transformative wave, the mining sector has emerged as a key player in embracing sustainable solutions to address its intricate operational challenges. ArmCoil’s commitment to creating a healthy and safe working environment extends beyond its innovative substation technology, to encompass a comprehensive waste reduction and environmental stewardship strategy. Aligned with the company’s dedication to environmental responsibility and health and safety, this initiative reflects ArmCoil’s role as a responsible corporate citizen. https://lnkd.in/dTgQU69c

Global Metal Solutions Limited (GMS) provides world-class metal recycling services that help divert metal waste from landfill. Working with corporate finance firm Tiaki Capital and Invest New Zealand, it’s recently secured a $5m investment – allowing it to diversify its revenue streams and fuel its offshore growth. The private investor was identified through New Zealand’s Active Investor Plus Visa Programme. A significant operator within Malaysia’s recycling and waste management sector, they come with relevant experience and connections that will benefit the company beyond the capital injection. Kenneth Leong from Tiaki Capital says Global Metal Solution’s fast growth and impressive performance are testament to its high standards. “GMS’s commitment to excellence not only benefits its clients but contributes positively to the community and the environment. We’re excited to see where this investment will take the company.” Founded in 2011, Global Metal Solutions provides premium metal recycling services in New Zealand and overseas. It’s also working on new ways to dispose of lithium batteries. The company’s goal is not only to create a safer, cleaner future, but to support whānau and local communities with quality employment opportunities. Good for people, good for business, and good for the planet. It’s one of many innovative Kiwi businesses raising the profile of Aotearoa on a global stage and delivering a positive economic impact to New Zealand. In fact, this latest investment is projected to directly contribute over $23.5m to the economy. And the potential for global impact and growth is even more impressive. The metal recycling market was estimated at $217 billion in 2020 and is expected to reach $368.7 billion by 2030 – and GMS is recognised as a global leader in the space. Looking to do good and do well? New Zealand is a solid investment option. With a sustainable, inclusive, innovative business culture that delivers both societal and financial benefits. Talk to our team of experts today to find out how you can use investment as a pathway to residency today. https://lnkd.in/g3XENajW Rangi Ririnui #wasterecycling #nzinovations #scrapstoriches

In a recent profile interview with letsrecycle.com, RiverRidge CEO Brett Ross discusses some of the changes the company has seen since its acquisition in 2023 by Cube and Equitix Investment Management. Brett discusses how the acquisition has enabled RiverRidge to facilitate a more ambitious expansion of their innovative technologies and empowered them to develop a more clearly defined company roadmap. He likewise underlines the ongoing significant impact of the Emissions Trading Scheme (ETS) on the waste sector, notably by investing in anaerobic digestion and transitioning its vehicle fleet to greener alternatives. In addition, RiverRidge has recently released its inaugural #ESG report, building upon its strategy of diminishing the carbon cost of waste treatment and diverting materials from landfills. Finally, the company has been collaborating with Northern Regional College and the Responsible Plastic Management Program, underscoring their commitment to fostering talent and innovation within the waste sector. We applaud RiverRidge's success following the acquisition and look forward to seeing the company grow and scale its business further. https://lnkd.in/eafq4ZYN... #capabilitymeetscapital

Our Deep Panuke story comes to an end🌟 We’re proud to share the culmination of our Deep Panuke PFC Recycle Project, under SBM Offshore’s Responsible Recycling Policy. The safe and successful conclusion of this project has set a new industry benchmark, demonstrating our full lifecycle approach to assets married with a strong commitment to sustainability and safety. 🔄 Recycling with Impact: By choosing to recycle locally, we generated significant economic benefits in Nova Scotia, and achieved a substantial reduction in carbon emissions, saving 2,500 tonnes of CO2. ♻️ Sustainability Success: An impressive 97% of the PFC has been recycled, reused, or redistributed, showing environmental stewardship. 🔒 Safety First: A clean safety record, with zero safety-related accidents or incidents (0 TRIFR) throughout the project duration. 🤝 Community and Growth: Providing employment opportunities, fostering investment in First Nations, and supporting locally-owned businesses, suppliers, and partners, has positively contributed to the region’s economical state. 🎥 Watch the video and witness the journey of the Deep Panuke PFC Recycle Project. Let’s celebrate this success and continue to support responsible decommissioning in our industry. #SBMOffshore #Decommissioning #Sustainability #Recycling #Safety #TrueBlueTransition #DeepPanuke

Fantastic achievement by Orica. Large industrials are on a very long decarbonisation journey. Some will go further and move quicker than others, not because of a lack of will or ambition but because technical and financial barriers are significant and even insurmountable for some. This is why it is a net zero target by 2050 as it recognises that while we will do all that we can there will be occasions where a viable solution simply does not exist.