Add-on Acquisition • Environmental

Generate Capital Exits Atlas Organics

On November 5, 2025, Circular Services invested in environmental company Atlas Organics from Generate Capital

Investment Context
  • This is Circular Services’ 2nd transaction in the Environmental sector.
  • This is Circular Services’ 3rd transaction in the United States.
  • This is Circular Services’ 1st transaction in South Carolina.

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Investment Summary

Date November 5, 2025
Target Atlas Organics
Sector Environmental
Investor(s) Circular Services
Sellers(s) Generate Capital
Deal Type Add-on Acquisition

Target Company

Atlas Organics

Spartanburg, South Carolina, United States
Atlas Organics is a developer and operator of commercial composting solutions. Atlas Organics is based in Spartanburg, South Carolina.
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Investor Overview 1

Investor

Circular Services

New York, New York, United States

Category Company
Sector Environmental
DESCRIPTION

Circular Services operates several companies to offer holistic circular materials management services, helping municipalities and businesses close the loop on valuable materials, including paper, metal, glass, plastics, organics, textiles and electronics. Circular Services is based in New York City.


Deal Context for Investor #
Overall 3 of 3
Sector: Environmental 2 of 2
Type: Add-on Acquisition 3 of 3
State: South Carolina 1 of 1
Country: United States 3 of 3
Year: 2025 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2025-03-31 Waste Recycling

Montgomery, Alabama, United States

Waste Recycling specializes in recycling services and equipment. Waste Recycling's operations include the removal of paper, plastics, metals, and other recyclables. Waste Recycling was founded in 1943 and is based in Montgomery, Alabama.

Buy -

Seller Profile 1

SELLER

Generate Capital

Investor Investor Investor Investor Investor


Category Private Equity Firm
Founded 2014
PE ASSETS 2.0B USD
Size Large
Type Sector Agnostic
DESCRIPTION

Generate Capital is an investment group focused on investing in and acquiring growth-oriented sustainable businesses. Specific areas of interest include sustainable energy, sustainable transportation, and sustainable water, waste, and agriculture. Generate Capital was formed in 2014 and is headquartered in San Francisco, California.


Deal Context for Seller #
Overall 2 of 2
Sector: Environmental 1 of 1
Type: Add-on Acquisition 2 of 2
State: South Carolina 1 of 1
Country: United States 2 of 2
Year: 2025 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2025-09-08 Ambient Fuels

New York, New York, United States

Ambient Fuels is a green hydrogen project developer focused on delivering custom‑engineered solutions. Ambient Fuels is based in New York, New York.

Sell -