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New Deal


Announced

Koch to invest $100m in Li-Cycle.

Financials

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Transaction Value£74m
Consideration TypeLoan Notes
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Private Equity

Acquisition

Public

Friendly

Single Bidder

Pending

Minority

Cross Border

Environmental / Waste Management

resource recovery

recycling

Canada

Synopsis

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Koch Strategic Platform, a preferred investment partner of growth-focused strategic companies, agreed to invest in Li-Cycle, a recycling services provider. "KSP’s investment in Li-Cycle will further fund and accelerate the growth of our lithium-ion battery recycling footprint in North America and globally, as we scale our efficient and proven technology globally to grow in lockstep with our customers and pursue new market opportunities," Ajay Kochhar, Li-Cycle Co-founder and CEO.

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