Announced
Completed
Financials
Sources
Tags
Diversified Industrials
Domestic
Single Bidder
Minority
Friendly
United States
Acquisition
plastics products
Private
rubber products
Completed
rubber producer
Private Equity
Synopsis
CIM Group, a real estate and infrastructure company, and Aravaipa Ventures, a venture capital firm, completed an $80m equity investment and $100m in committed project-level funding in Bolder Industries, a provider of circular solutions for rubber, plastic and petrochemical supply chains. “Our vision is to transform what it means to be a sustainable, environmentally-conscious company and we’re incredibly humbled by the support we’ve gained to do so. Bolder Industries is scaling at such a speed that enables existing customers to expand their business with us when they want to and new partners can see impact quickly,” Tony Wibbeler, Bolder Industries CEO.
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