Line 5 Capital Invests in Engineered Recycling Systems

Line 5 Capital has announced its first institutional investment in Engineered Recycling Systems.

Based in Atlanta, Ga., Engineered Recycling Systems specializes in designing, installing, and servicing custom equipment and systems focused on scrap metal recycling.

“We’re excited to partner with o15 Capital Partners; the team at o15 quickly came to see what we picked up on. ERS has exceptional product-market fit, great client relationships, and a fantastic future. We’re looking forward to getting to work with this team,” said Ed Hine, Managing Partner at Line 5 Capital.

O15 Capital Partners is supporting Line 5 Capital, alongside other limited partners, with debt financing and equity co-investments.

“We truly believe we offer our clients solutions no one else can bring to the table. By teaming with Line 5, we’re bringing on a partner who can help us scale without losing our focus designing great systems and truly solving our customers’ problems,” said Mike Carver, Co-Founder of ERS. 

“We couldn’t be more excited for the future.”

Read the full article here.