M&A Deal Summary

RTS Acquires Recyclebank

On October 24, 2019, RTS acquired business services company Recyclebank

Acquisition Highlights
  • This is RTS’s 1st transaction in the Business Services sector.
  • This is RTS’s 1st transaction in the United States.
  • This is RTS’s 1st transaction in Pennsylvania.

M&A Deal Summary
Date 2019-10-24
Target Recyclebank
Sector Business Services
Buyer(s) RTS
Deal Type Add-on Acquisition

Target

Recyclebank

Philadelphia, Pennsylvania, United States
Recyclebank, Inc. is an operator of rewards programs that motivate people to recycle. Recyclebank was founded in 2004 and is based in Philadelphia, Pennsylvania.

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Buyer(S) 1

Buyer

RTS

New York, New York, United States
Category Company
Founded 2014
Sector Information Technology
DESCRIPTION

RTS is a provider of IT services to manage waste and recycling. From garbage to recyclables, compost, e-waste and reusable materials – RTS helps businesses and communities manage waste more responsibly. RTS was founded in 2014 and is based in New York City.

DEAL STATS #
Overall 1 of 4
Sector (Business Services) 1 of 1
Type (Add-on Acquisition) 1 of 4
State (Pennsylvania) 1 of 1
Country (United States) 1 of 3
Year (2019) 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2020-10-26 Ambrosia

New York, New York, United States

Ambrosia is a waste and environmental, social, and corporate governance (ESG) consulting partner for major corporations. Ambrosia tackles the country's growing food waste and is most known for developing a revolutionary process to stabilize and isolate the compounds of organic material, including the water, to create a non-toxic and sustainable cleaning product.

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Mergr

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Company

Legal