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BeyondNetZero led a $70m Series D round in RoadRunner.

Financials

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Transaction Value£51m
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Private

Completed

Minority

Single Bidder

Venture Capital

Domestic

Environmental / Waste Management

commercial recycling

United States

Acquisition

Private Equity

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Synopsis

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BeyondNetZero, the climate investing venture of growth equity firm General Atlantic, led a $70m Series D round in RoadRunner, a company specializing in sustainable waste management challenging the status quo of its industry. "We’re grateful for General Atlantic’s partnership and investment in our mission of developing an innovative and sustainable materials management company built on high-quality technology. We believe that this next stage of growth will put RoadRunner on a course to achieve its vision of propelling the entire waste industry toward enduring change that protects our planet and our futures," Graham Rihn, RoadRunner Recycling Founder and CEO.

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