Shapiro Metals

Shapiro Metals, based in the US, specializes in custom industrial metal recycling solutions, focusing on sustainability and responsible waste management practices across various sectors. Shapiro Metals is a recycling company that provides tailored solutions for industrial metal recovery. Founded with a commitment to sustainability, the firm operates from its headquarters in St. Louis, US.

The company has executed 1 deal, with its most recent transaction occurring on 2024-09-25, which underscores its operational stability. Shapiro Metals offers sustainable industrial recycling solutions that prioritize environmental responsibility for diverse industries. Their core offerings center around advanced recycling technologies, enabling efficient material recovery from industrial waste, particularly in manufacturing and construction. This service aids clients in compliance with environmental regulations, reduces disposal costs, and reclaims valuable resources, serving a wide client base in North America and parts of Europe, notably in high industrial activity regions like the Midwest and Northeast.

Shapiro Metals generates revenue through a B2B model, providing custom recycling services under contractual agreements that specify recycling methods and material recovery metrics. Service fees are based on the volume and type of waste processed, with additional revenue potential from the resale of recovered materials. Their tiered pricing plans cater to various service levels, ensuring established recurring revenue through ongoing partnerships and contracts with key clients in targeted regions. In September 2024, Shapiro Metals secured USD 30 mn in a senior secured revolving line of credit from Ares Management, aimed at refinancing existing debt.

The company intends to leverage this financing to bolster its operational capacity, although specific details on upcoming products or market expansions have not been disclosed.