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Lincolnshire Management's NexCycle Acquires Strategic Materials, Inc. from Equus Capital Management


New York, N. Y. - Valufinder Group, Inc., is pleased to announce that its client, Lincolnshire Management, through their holding in NexCycle, Inc., has acquired Strategic Materials, Inc., from Equus Capital Management.

NexCycle is a worldwide leader in the glass recycling, environmentally sensitive packaging, and specialized collection markets. The company provides waste recovery services, specializing in recovery systems and secondary materials. Strategic Materials, with over 30 plants and depots throughout the United States, is the largest glass recycler and powdered glass processor in North America, with over 33% of the domestic cullet market.

Lincolnshire Management informed Valufinder that it was seeking expansion opportunities for NexCycle. Utilizing its customized search engines, Valufinder cross-referenced NexCycle's acquisition criteria with its proprietary company database to identify several target opportunities for NexCycle. One of the opportunities identified was Strategic Materials, owned by Equus. On behalf of Lincolnshire, Valufinder contacted Equus, presented the framework for the NexCycle acquisition and facilitated negotiations between the parties.

Valufinder is an investment banking firm specializing in middle market mergers and acquisitions since 1979. Valufinder finds unique acquisition opportunities for financial and strategic buyers outside of the usual auction environment. Valufinder, or its professionals, have participated in more than 150 transactions totaling over $7.5 billion in enterprise value.

For more information contact Jay M. Aidikoff, Managing Director, at 212-243-1133 or via email at jaidikoff@valufindergroup.com.

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