Transaction:
Plastic Recycling Company in St. Louis
Led the strategic sale and operational turnaround of material recycling company facing financial distress.
A notable player in the recycling industry was dealing with significant financial challenges because of major market disruptions and liquidity issues due in part to low petroleum prices and China’s Greensword policy.
Our Approach
Negotiated with stakeholders, managed operational restructuring, and executed a sale process.
Implemented a lean operational plan to conserve cash and stabilize the business.
Ran a structured auction process to find a strategic buyer aligned with the company's vision, ensuring a competitive sale process.
Leveraged our industry expertise and network to develop a new product line for hard-to-recover plastics and identified multiple distribution channels.
Outcomes
Completed successful sale of company as a going concern despite severe cash constraints and default risks.
Stabilized the company for future growth under new ownership.
Services & Roles
M&A Advisory
Special Situation Advisory
Strategic Assessment
Valuation
*Some engagements may have been performed by team prior to joining Harney Capital.
