M&A Deal Summary

Closed Loop Partners Acquires Balcones Resources

On October 4, 2019, asset manager Closed Loop Partners acquired environmental company Balcones Resources

Acquisition Highlights
  • This is Closed Loop Partners’ 1st transaction in the Environmental sector.
  • This is Closed Loop Partners’ 1st transaction in the United States.
  • This is Closed Loop Partners’ 1st transaction in Texas.

M&A Deal Summary
Date 2019-10-04
Target Balcones Resources
Sector Environmental
Buyer(s) Closed Loop Partners
Deal Type Buyout (LBO, MBO, MBI)

Target

Balcones Resources

Austin, Texas, United States
Balcones Resources is an environmental services company that converts waste into valuable resources. We are an industry leader in creating sustainable waste processes from recycling streams that benefit our customer's bottom line. Balcones Resources was founded in 1994 and is based in Austin, Texas.

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Buyer(S) 1

Buyer

Closed Loop Partners

Investor Investor Investor Investor Investor

Category Asset Manager
Size Small
Type Sector Agnostic
DESCRIPTION

Closed Loop Partners is a private investment group that looks to finance, fund, or acquire companies focused on sustainable products and services. The Firm invests at all stages of development and will consider opportunities throughout North America. Closed Loop Partners is based in New York City.

DEAL STATS #
Overall 1 of 4
Sector (Environmental) 1 of 3
Type (Buyout (LBO, MBO, MBI)) 1 of 3
State (Texas) 1 of 1
Country (United States) 1 of 4
Year (2019) 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-07-15 ERI

Fresno, California, United States

ERI is an integrated IT and electronics asset disposition provider and cybersecurity-focused hardware destruction. ERI's unique blend of "green DNA” and cybersecurity focus allows one to safeguard the aforementioned organizations, people, and the environment completely with respect to data security, data privacy, and environmental issues related to IT and electronics asset disposition. ERI was founded in 2002 and is based in Fresno, California.

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