Closed Loop Partners, a venture capital firm, completed the acquisition of Balcones Resources, environmental services company, for $41m. “The expertise that Closed Loop Partners brings to the new relationship will provide unprecedented opportunities for corporate management and shareholder growth. Balcones and Closed Loop Partners’ cultures are similarly aligned. Together, we will be able to enhance employee opportunities, services to our customers, and assist in achieving a diverse set of ambitious environmental goals," Kerry Getter, Balcones Chairman and CEO.