IG Closes Its 5th Transaction in the Recycling Sector

A strategic buyer has purchased an industrial scrap metal processing company represented by IG

December 2024 – IG announces a new closing in the recycling sector, marking its fifth completed recycling deal. The client is an industrial scrap metal processor located in the Southeast region of the U.S. The Company specializes in processing heavy industrial Plate and Structural, Busheling, No. 1 HMS and Cast iron. It has two state-of-the-art facilities supporting a large industrial client account base. The seller is a 40-year industry veteran who expertly designed and maintained the two yards with superior recycling equipment. He will retire and a manager with 15 years of experience will step in to work with the new owner.

The buyer is a privately held corporation in business for 47 years, renowned for its award-winning and sustainable recycling solutions.  With multiple locations and more than 650 employees, the corporation now enhances its growth strategy to serve more customers across the U.S. The company is also highly reputed as a WBENC Certified Women-Owned business.

“Our client is a long-established, family-owned recycling business,” said Barclay Bright, IG’s Sr. M&A Advisor and VP of the Eastern region. “It was very important to this seller that we identify a buyer with similar scrap recycling operations and focused values to guide the company into its next chapter.” This is Bright’s third completed recycling transaction and he has another in the pipeline.

“The recycling industry is notably active in M&A and with these recent deals we have gained invaluable knowledge and experience,” said Larry Willis, President of IG. “The recycling companies that we are representing vary greatly in operation, size and geography. Stay tuned for more exciting news in 2025.”

IG represents clients from across the U.S. with offices in California, the Eastern U.S, the Midwest, Texas, Utah and Idaho. The firm works in tandem with its buy-side services division, Acquisition Partners (AP), to provide a full range of M&A services. For more information about AP visit www.acq.partners.