Bureo, Inc.
Classification
Private
Financials
Revenue & Profit
Valuation
Ratios
People
Deals
M&A2024-03-15Completed
Investor Sponsors NorthBridge PE | Stake Tags 100% |
Deal Amount $120M | Is PE deal Yes |
Target Company Valuation $1.20 MM | Is deal PE backed Yes |
Techniques Acquisition of Assets, Taken Private | Total Acquired 100% |
Investor Sponsors
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
Investor Sponsors -- | Stake Tags Majority |
Deal Amount Undisclosed | Is PE deal No |
Target Company Valuation -- | Is deal PE backed Yes |
Techniques Secondary Sale, Management Buy-out (MBO) | Total Acquired 65% |
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
Bureo, Inc. is a sustainable materials and product company dedicated to addressing ocean plastic pollution by transforming discarded fishing nets into high-value recycled materials and consumer goods. Founded with a mission to reduce the environmental impact of "ghost nets," the company operates net collection programs in multiple countries, working directly with fishing communities to recover and recycle end-of-life nets. These nets are processed into NetPlus, Bureo's proprietary recycled material, which is then supplied to global brands and used in its own line of consumer products. As a Certified B Corporation and a member of 1% for the Planet, Bureo emphasizes transparency, traceability, and positive community impact, combining environmental stewardship with innovative product design. Products and Services Net Collection & Recycling Program - Collection of discarded fishing nets in coastal communities, followed by sorting, cleaning, shredding, and recycling into raw materials. NetPlus® Recycled Materials - Proprietary recycled nylon and polymer pellets, yarns, and molded components supplied to brand partners and manufacturers. Consumer Goods - Branded and co-branded products made from recycled fishing nets, including skateboards, sunglasses, hats, and accessories. Supply Chain & Sustainability Services - Traceability systems, impact reporting, and consulting support to help partner brands integrate circular and sustainable materials. Community & Environmental Programs - Initiatives supporting local jobs, nonprofit partnerships, and environmental causes, funded in part through Bureo's membership in 1% for the Planet.
Keywords
Keywords
Classified
Private