The Company: Recirculation Technologies, LLC, ("RTI") is a mobile cleaning company with specialized equipment and a patented process for cleaning ion exchange resin, RO membrane and other water plant equipment.
The Investment(s): Driscoll Holdings sourced the opportunity and partnered with Stuart Bryan and the management team to acquire RTI with other well-capitalized investors and have Stuart run the Company as CEO. One of the founders retired while his son is still active in the business and the other founder transitions out over a five year period.
Value-Add: In addition to recruiting a new CEO and providing guidance on the strategic direction of the Company at the Board level, Rob was able to leverage the group-purchasing power of his former employer to reduce RTI's shipping costs by more than 50%.
The Investment(s): Driscoll Holdings sourced the opportunity and partnered with Stuart Bryan and the management team to acquire RTI with other well-capitalized investors and have Stuart run the Company as CEO. One of the founders retired while his son is still active in the business and the other founder transitions out over a five year period.
Value-Add: In addition to recruiting a new CEO and providing guidance on the strategic direction of the Company at the Board level, Rob was able to leverage the group-purchasing power of his former employer to reduce RTI's shipping costs by more than 50%.