Lincolnshire Management's Portfolio Company, NexCycle
Acquires as an Add-on, Strategic Materials, Inc.

Combination of potential synergies results in a closing...

NexCycle was established to be a major worldwide factor in the plastic recycling, glass recycling, environmentally sensitive packaging, and specialized collection markets. The company is an international firm providing waste recovery services, specializing in recovery systems and also adding value to secondary materials. Recently acquired by Lincolnshire Management, NexCycle has an aggressive business plan for both internal growth and possible growth from acquisitions.

Lincolnshire informed Valufinder that they were seeking acquisition opportunities in both plastic and glass recycling. Lincolnshire shared with Valufinder the key criteria that they felt were essential for a candidate to have an initial positive review. On the basis of this information, Valufinder searched its proprietary and industry databases, and identified several companies that were interesting leads. Valufinder then contacted those leads to establish if any could be potential prospects.

I have been working with Valufinder now for 16 years, and I clearly find them to be one of the best in the business. They provide us with consistent, high quality, and proprietary deal flow, and they truly help facilitate the transaction until closing. These guys are much more than just brokers. They go the extra mile by listening to all sides and staying involved. They are facilitators in the truest sense of the word. Jim McNair
Managing Director (Retired)
Lincolnshire Management

Strategic Materials, Inc., a leading North American glass recycler was a portfolio company of Equus Capital Management. After nearly 6 months of scheduled and persistent follow-up, Valufinder was able to reach the President of Equus on the phone. He expressed interest in learning more about Lincolnshire and the potential opportunity. Valufinder shared information over the phone, sent material to him, and followed up to answer questions. Once he was satisfied that NexCycle was a synergistic company and that Lincolnshire was an experienced acquirer, Valufinder was able to prepare the initial information package on the seller and arrange a conference call and subsequent meeting with the buyer.

Both sides immediately recognized the potential of combining their operations and were able to reach agreement on a transaction that took their market and operating synergies into account. Valufinder continued to facilitate the exchange of data and communications, up to and through the successful closing.

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