Impact Environmental Group (IEG) provides products and services to the global waste and recycling industry.
Rockwood’s Role
- Recruited a talented management team, including a CEO, CFO, COO, and VP of Marketing as well as key managers in sales, IT, marketing, & accounting
- Developed a value-added advisory board with significant industry and domain expertise
- Re-focused the Company to serve the wear parts needs of its highly attractive core waste & recycling customers
- Rebranded to Impact Environmental Group (“IEG”)
- Sourced and closed 8 add-on acquisitions in various product and service categories as well as new geographies to better service customers, expand the product / service portfolio, and grow the TAM
- Invested in Marketing and IT to scale the business including implementing a CRM, business intelligence tools, and an e-commerce platform
- Invested in production equipment to improve efficiency and better manage costs including robotic automation, plastic extrusion lines, and metal fabrication equipment
- Location
- Elgin, Illinois
- Other Locations
- New Jersey
- North Carolina
- Michigan
- United Kingdom
- Investment
- March 2018
- Seller/Deal Dynamic
- Rockwood acquired Impact Plastics from its retiring founder. At the time of acquisition the Company was a manufacturer of thermoformed plastic products including dumpster lids as well as a distributor of certain parts for waste containers.
- Sector
- Environmental
- Industrials
- Add-ons Completed
8