United Rags Recycler LLC
Classification
Private
About
About
United Rags Recycler LLC is a Houston, Texas-based recycling and trading company specializing in the sustainable collection, processing, repurposing, and international trade of textile waste and second-hand materials. The company focuses on reducing textile waste through recycling practices, importing sorted used textiles (primarily from countries like Pakistan, India, and Morocco), and exporting processed products to support eco-friendly reuse in global markets. Products: - Used clothing (sorted, worn articles, often under HS code 6309.00 for import/export) - Used rags (processed textile scraps for wiping, industrial, or other reuse applications) Services: - Textile recycling and processing (collection, sorting, and repurposing of unwanted textiles and rags) - Import of second-hand textiles and footwear - Export of used clothing, rags, and related products - Supply and trading of sustainable textile materials
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
Keywords
Keywords
Classified
Private