Rentech, Inc.
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Rentech, Inc. - overview
Established
1980
Location
Los Angeles, CA, US
Primary Industry
Chemicals
About
Rentech, Inc. specializes in the production and development of renewable biofuels, focusing on bioethanol and biodiesel derived from sustainable biomass resources. Founded in 1980 in Los Angeles, US, Rentech, Inc. is engaged in producing biofuels, notably bioethanol and biodiesel.
The company was acquired in August 2015 by CVR Partners for USD 533 mn, completing in April 2016. Bernardo Monteiro serves as both the founder and current CEO. Rentech, Inc. specializes in biofuels derived from renewable sources, particularly bioethanol and biodiesel.
Utilizing biomass inputs like sugar cane, corn, canola, and soybean, Rentech's products cater to transportation fuels and heating solutions, serving individual consumers and businesses across North America, Europe, and parts of South America. In the most recent fiscal year of 2016, Rentech, Inc. reported a revenue of USD 150. 74 mn.
The company recorded an EBITDA of USD -151. 81 mn for the same period, highlighting the financial dynamics of its biofuel operations. Following its acquisition by CVR Partners, Rentech aims to leverage the USD 533 mn from the acquisition deal to enhance its biofuel offerings. The company plans to develop new biofuel products and expand into emerging markets by 2025, targeting regions with growing energy demands.
This strategic direction indicates a commitment to increasing its market presence and diversifying its product portfolio.
Primary Industry
Chemicals
Sub Industries
Agricultural Chemicals, Wood/Hard Products
Website
www.rentechinc.com
Verticals
Clean Technology
Company Stage
Acquired
Total Amount Raised
Subscriber access only
Rentech, Inc. - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Trade Sale | Completed | Rentech, Inc. | - | ||||||||
| Add-on | Completed | Allegheny Pellet | - | ||||||||
| Add-on | Completed | New England Wood Pellet | - | ||||||||
| PIPE | Completed | Rentech, Inc. | - |
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