Cirba Solutions

Wixom, Michigan

Classification

Private

Financials

Revenue & Profit

Revenue

Valuation

Valuation

Ratios

Revenue / EBITDA
$123 MM
Valuation / Revenue
$123 MM
Valuation / Employees
$123 MM
EBITDA / Revenue
$123 MM
1-Year CAGR (Revenue)
03
3-Year CAGR (Revenue)
11
1-Year CAGR (Employees)
19
3-Year CAGR (Employees)
96

People

Employee Figures

Employees

Key Executives

NameTitleSocialsEmailPhone
John DoeEmployee
--
Jane DoeEmployee
John DoeEmployee
John DoeEmployee

401K

Total Active Participants
1234
No. Participants with Account Balances
56789
Total Liabilities Start of Year
1234
Total Assets Start of Year
56789

Deals

M&A2024-03-15Completed

Seller

Founders Group

Investor Sponsors

NorthBridge PE

Deal Amount

$120M

Target Company Valuation

$1.20 MM

Techniques

Acquisition of Assets, Taken Private

Stake Tags

100%

Is PE deal

Yes

Is deal PE backed

Yes

Total Acquired

100%

Secondary Transaction2023-09-01Canceled

Target

BrightHealth Technologies

Seller

Early Investors Consortium

Investor Sponsors

--

Deal Amount

Undisclosed

Target Company Valuation

NaN

Techniques

Secondary Sale, Management Buy-out (MBO)

Stake Tags

Majority

Is PE deal

No

Is deal PE backed

Yes

Total Acquired

65%

Funding

About

About

Cirba Solutions, previously known as Battery Solutions, is a vertically integrated battery materials management and recycling firm headquartered in the U.S. The company changed its name to Cirba Solutions following its merger with Retriev Technologies and Heritage Battery Recycling in 2022. With over 30 years of collective battery recycling experience, Cirba Solutions serves more than 7,000 customers and recycles hundreds of millions of pounds of batteries across various chemistries, including lead-acid, lithium-ion, nickel-cadmium, and more. Cirba operates multiple facilities across North America, including in Ohio, Michigan, Arizona, California, and British Columbia Product & Service Line Breakdown: 1. Collection, Logistics & Inventory Management - Nationwide battery collection and aggregation services for industrial scrap and end-of-life batteries across chemistries - Internal fleet complemented by access to larger logistics networks like Heritage Group and virtual warehouses for cost-effective, safety-compliant handling and transport - Inventory and de-installation project management services tailored for EV manufacturers and fleet operators 2. Battery Processing & Material Recovery - Primary recycling of lead-acid and lithium-ion batteries, with over 20-30 million pounds processed, extracting critical metals including lithium, cobalt, nickel, manganese, and nickel salts - Hydrometallurgical processing with >95% recovery rates of critical minerals converted into battery-grade salts and raw materials for reuse in the battery supply chain 3. Battery Feedstock to Supply Chain Integration - Closed-loop ecosystem model: collecting batteries, processing them into black mass, refining into critical mineral salts, and supplying those back to U.S. battery component manufacturers, creating a domestic critical materials supply chain 4. Strategic Partnerships & ESG Leadership - Major collaboration with Toyota to reduce end-of-life EV battery logistics costs and boost circular supply chain sustainability. - Continuous engagement in sustainability-oriented economic development, including grants and DOE-backed development

Keywords

Keywords

Classified

Private