The City Bin Co.

Based in Ireland, The City Bin Co. provides comprehensive waste collection and management services, catering to both residential and commercial clients in urban areas like Dublin and Galway. The City Bin Co. specializes in waste management solutions, founded in 1997 in Galway, Ireland.

The firm has successfully executed a total of 5 deals, with the most recent deal occurring on July 29, 2022. The company participated in an ADD-ON funding round led by Averda International Ltd. , raising EUR 15. 00 mn.

The current CEOs are Gene Browne and Niall Killilea. The City Bin Co. specializes in waste collection and management services primarily targeting residential and commercial clients in Dublin and Galway. Their core offerings include household waste collection, commercial waste management, and skip hire services.

The company employs a customer-centric approach, providing timely collection schedules, efficient communication through text reminders, and a user-friendly mobile app for managing services. The end use cases address the need for reliable waste disposal and recycling, contributing to sustainability efforts in the regions they serve. With a strong emphasis on customer satisfaction and operational efficiency, The City Bin Co. maintains a robust client base that ranges from individual households to local businesses, ensuring that a broad spectrum of waste management needs is met in the Irish market.

The City Bin Co. generates revenue primarily through subscription-based waste collection services offered to both residential and commercial clients. In 2022, the company reported revenues of EUR 30,281,427. 60 and an EBITDA of EUR 7,102,288.

40. Customers typically engage in annual or monthly plans that provide scheduled collections, with pricing structures tailored to the volume and frequency of service required. The company also offers additional services such as skip hire, which expands their revenue streams beyond standard waste collection. With a focus on value, The City Bin Co.

implements transparent pricing that allows clients to understand their costs upfront, enhancing customer trust and satisfaction. The firm's commitment to service excellence is reflected in their operational practices, which prioritize reliability and effective communication, thereby fostering long-term relationships with their clientele. In July 2022, Thorntons Recycling agreed to acquire The City Bin Co. from Cardinal Capital Group and Carlyle Group, though financial terms were not disclosed.

The company plans to leverage this acquisition to expand its market presence and enhance service offerings. Future growth initiatives may include the launch of new products designed to improve waste sorting and recycling efficiency, potentially targeting a release in late 2023. Expansion efforts are also underway to enter new geographic regions within Ireland to capture a broader client base. The recent funding will be instrumental in supporting these initiatives and ensuring the company's ability to meet increasing demand.