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Announced

Completed

Goldman Sachs Asset Management completed a $100m investment in Recover Textile Systems.

Financials

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Transaction Value£79m
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Minority

Friendly

Cross Border

Acquisition

Private

Private Equity

cotton fiber

Spain

Completed

Textile Products

Single Bidder

materials science

Synopsis

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Goldman Sachs Asset Management, a private equity arm, completed a $100m investment in Recover Textile Systems, a materials science company. “Recover is a leading disruptor in the apparel and textiles space with much-needed sustainable solutions grounded in materials science. We’re excited to invest in Recover’s growth to accelerate scaled production and the continued development of its technologies,” Letitia Webster, Goldman Sachs Asset Management Division Managing Director.

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