Closed Loop Partners Invests in ERI (Electronic Recyclers International)
July 15, 2021
New York-based Closed Loop Partners' Leadership Fund has taken an ownership stake in ERI (Electronic Recyclers International), a Fresno-headquartered IT asset disposition (ITAD) and electronics recycling company. The investment will fund ERI's expansion (North American and international), upgrades in AI and robotics, and enhancements to its proprietary tracking software while Closed Loop founder Ron Gonen joins ERI's board.
- Buyers
- Closed Loop Partners
- Targets
- ERI (Electronic Recyclers International)
- Industry
- Industrial Services
- Location
- California, United States
- Transaction Type
- Growth capital
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