Company
Based in St. Paul, MN, Asset Recovery Corp (now Arrow Value Recovery) is a dominant regional provider of recycling services and end-of-life solutions for computers and electronic equipment. The company primarily targets Fortune 1000 companies and large government entities, providing reverse logistics of unwanted equipment, data cleansing, refurbishment, remarketing services and environmentally-compliant disposal and recycling services.
Situation
In October 2006, Rockwood partnered with a search fund to acquire the business.
Asset Recovery Corp. was sold in February 2012 to a strategic buyer.
Rockwood’s Role
- Implemented quarterly profit sharing plan to incentivize all employees to drive operational efficiency
- Achieved significant visibility within the Minnesota state legislature to influence proposed legislative forms that were highly favorable to the company
- Achieved significant working capital reductions