Venture Metals and Mill Rock Capital Acquire Versatile Processing Group
August 5, 2019
Mill Rock Capital affiliates made a strategic investment in Venture Metals and, in connection with that investment, Venture Metals acquired Versatile Processing Group (VPG) from Insight Equity. The transaction combines two U.S. metal recycling providers to form a larger platform with an expanded processing footprint (six facilities) and combined annual revenues in excess of $700 million, supported by more than 200 associates.
- Buyers
- Venture Metals, LLC, Mill Rock Capital Management LP (and affiliates)
- Targets
- Versatile Processing Group, Inc.
- Sellers
- Insight Equity Holdings LLC
- Platforms
- Venture Metals, LLC
- Industry
- Industrial Services
- Location
- Indiana, United States
- Transaction Type
- Addon
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