Tampa, FL, August 24, 2018 --(PR.com
)-- Benchmark International has successfully facilitated the acquisition of Plastic Revolutions, Inc. by Industrial Container Services. Plastic Revolutions, Inc. is a full-service recycler of post-consumer and post-industrial plastics. The company recycles all forms and grades of plastics, receives raw material in various forms from manufacturers, material recovery facilities, and brokers, and specializes in high molecular weight plastics.
The acquirer, Industrial Container Services, is the largest provider of reusable container solutions in North America. The company offers the most complete container management systems available including reconditioning, manufacturing, distribution, used container collection and recycling services for all major industrial packaging types.
Given current market dynamics, including industry consolidation, the Benchmark International team focused on strategic buyers for the client. This enabled Industrial Container Services to realize immediate benefits from the transaction. Likewise, this allowed Plastic Revolutions to obtain the best possible value for the company.
The President of Plastic Revolutions, John Hagan, stated that his experience with Benchmark International was top notch. "Benchmark was unbelievably helpful in assisting in the sale of my company. They explained the process and were in front of the pack the entire way to the finish line," he said. "I would highly recommend Benchmark to anyone wanting to sell their company."
Regarding the deal, Transaction Director Leo Vanderschuur stated, “It was a pleasure to represent Plastic Revolutions in this transaction, and on behalf of Benchmark International, we are extremely pleased with the outcome. Allowing both the seller and acquirer to prosper and benefit is always an ideal end result.”
Call Benchmark International today if you are interested in an exit or growth strategy or if you are interested in acquiring.
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About Benchmark International
Benchmark International’s global offices provide business owners in the middle market and lower middle market with creative, value-maximizing solutions for growing and exiting their businesses. To date, Benchmark International has handled engagements in excess of $5B across 30 industries worldwide. With decades of global M&A experience, Benchmark International’s deal teams, working from 13 offices across the world, have assisted hundreds of owners achieve their personal objectives and ensure the continued growth of their businesses.