-

Delos Capital and The Silverfern Group Complete Acquisition of Pioneer Recycling Services, LLC

NEW YORK--(BUSINESS WIRE)--Delos Capital (“Delos”) and The Silverfern Group (“Silverfern”) announced today that they have partnered with the management team of Pioneer Recycling Services, LLC (“Pioneer” or the “Company”) to complete the acquisition of the Company.

Pioneer, based in Tacoma, WA, is an industry leader in co-mingled residential recycling in the Pacific Northwest. Pioneer’s recycling centers focus on providing reliable environmental services and solutions for commercial, industrial, municipal, and residential customers.

“We are excited to partner with Silverfern and the management team of Pioneer, a best-in-class provider of sustainable recycling services,” said Michael Rakiter, Partner at Delos Capital. “Since the Company’s formation in 2014, the founders of Pioneer have consistently invested in state-of-the-art equipment and process innovation to provide the highest levels of service.”

Silverfern Managing Director Deepak Ghosh added, “Pioneer has demonstrated that the Company is a leading provider of recycling services in the Pacific Northwest, and we are happy to partner with the management team to grow the Company.”

Pioneer Chief Executive Officer Tommy Crenshaw said, “Pioneer is thrilled with our new partnership. We are confident that deploying Delos and Silverfern’s proven growth strategies will ensure long-term profitability for all stakeholders.”

Pioneer Chief Operating Officer Greg Ryan added, “These are exciting times. Capitalizing on our cutting-edge technology and processes, our management team is united with Delos and Silverfern on a go-forward plan to assure Pioneer’s continued success.”

About Delos Capital

Delos Capital is a lower middle-market private equity firm specializing in management buyouts, recapitalizations, and growth investments. Additional information is available at www.deloscap.com

About The Silverfern Group

Silverfern is a global middle-market investment management firm. Additional information is available at www.silfern.com

Contacts

Mike Ambrosio
press@deloscap.com

Industry:

Delos Capital

Release Versions
English

Contacts

Mike Ambrosio
press@deloscap.com

More News From Delos Capital

Delos Capital and the Silverfern Group Complete the Sale of Pioneer Recycling Services, LLC to Waste Connections

TACOMA, Wash.--(BUSINESS WIRE)--Delos Capital (“Delos”) in partnership with the Silverfern Group (“Silverfern”) announced that they have completed the sale of Pioneer Recycling Services, LLC (“Pioneer” or the “Company”) to a subsidiary of Waste Connections, Inc. (TSX/NYSE: WCN) (“Waste Connections”). Pioneer, based in Tacoma, WA, is an industry leader in co-mingled residential recycling in the Pacific Northwest. Pioneer’s recycling centers focus on providing reliable environmental services and...

Le Sueur Incorporated Announces Expansion Plans to Increase Low Pressure Permanent Mold Capacity

MINNEAPOLIS--(BUSINESS WIRE)--Le Sueur Incorporated (“LSI”), a leading supplier of complex aluminum castings, machined castings, and plastic injection molded components, is pleased to announce its plan to invest in the expansion of LSI’s Low-Pressure Permanent Mold (“LPPM”) capacity. LSI will invest in state-of-the-art Low-Pressure Permanent Mold machines to augment its existing capacity and capabilities. The new capacity will enable LSI to continue to provide the highest quality LPPM castings...

Le Sueur Incorporated Acquires Craft Pattern and Mold

NEW YORK--(BUSINESS WIRE)--Le Sueur Incorporated (“LSI”), a portfolio company of Delos Capital, and a leading supplier of complex aluminum castings, machined castings, and plastic injection molded components, completed the acquisition of Craft Pattern and Mold (“Craft”). Craft, based in Montrose, MN, is a rapid prototyping and complex metal and plastics component manufacturer. Craft has over 30 years of industry experience and has established itself, along with its skilled employees, as a leade...
Back to Newsroom