Mill Rock-backed Venture Metals acquired Versatile Processing Group.

Mill Rock-backed Venture Metals, which procures, processes and sells nonferrous metal for recycling and remelting purposes, acquired Versatile Processing Group, a leading industrial processor of nonferrous and other metals servicing the manufacturing, electric utility and metal recycling industries. Financial terms were not disclosed. "We're delighted to partner with Mike Uhrick, Mark Chazanow and two talented teams to combine these highly complementary industry powerhouses," said Wayne Hale, Senior Partner of Mill Rock and Chairman of Venture Metals. "Our common vision is to establish the industry's leading provider of metal recycling solutions offering a full suite of services across geographies, end markets and metals, transforming metal into reusable resources using sustainable practices and advanced technologies."