Versatile Processing Group, Inc.
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Versatile Processing Group, Inc. - overview
Established
1995
Location
Indianapolis, IN, US
Primary Industry
Environmental Services
About
Based in Indiana, US, and founded in 1995, Versatile Processing Group, Inc. (VPG) operates as a provider of metals recycling and other related services to the utility, and copper manufacturing industry. As of 2021, the company has more than 150 employees across 4 locations. Versatile Processing Group is the parent company to Versatile Processing Indiana, Versatile Processing Texas, and Dulin Metals Company, and has facilities in Arizona, Florida, Illinois, Kansas, and Texas.
In 2014, the company acquired Garrett & Son, Inc. and 4-Way Electric Inc. In September 2011, Insight Equity agreed to acquire a controlling stake in Versatile Processing Group and in August 2019, Venture Metals, a portfolio company of Stellex Capital Management, acquired Versatile Processing Group. The company uses a mechanical process to shred, granulate, and separate copper, aluminum, and steel from plastic, paper, and other insulators used in manufacturing wire and cable.
In addition to non-ferrous products, VPG also supplies steel mills and foundries with ferrous scrap. VPG also offers wire and cable recycling services, de-tinning and de-oiling processing, laboratory analysis, and both electric and gas meter recycling.
Current Investors
Stellex Capital Management, Venture Metals, LLC
Primary Industry
Environmental Services
Sub Industries
Recycling, Steel & Metals
Website
www.vpg-inc.com
Company Stage
Add-on
Total Amount Raised
Subscriber access only
Versatile Processing Group, 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) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Add-on, Trade Sale | Completed | Versatile Processing Group, Inc. | - | ||||||||
| Add-on | Completed | Clean Harbors, Inc's Transformer Services group | - | ||||||||
| Add-on | Completed | Lee Metals Group Pte. Ltd | - | ||||||||
| Add-on | Completed | Garrett & Son, Inc. | - | ||||||||
| Add-on | Completed | 4-Way Electric, Inc. | - |
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