Glisco, OIC back US recycler USFibers in closed-loop fibre bet
What's the deal? USFibersDealroom has a profile for this one. Try Dealroom → has received a strategic growth investment from private equity firm Glisco PartnersDealroom has a profile for this one. Try Dealroom → and Orion Infrastructure CapitalDealroom has a profile for this one. Try Dealroom → (OIC). The South Carolina company is the largest vertically integrated recycler and producer of precision polyester staple fibres in the US. Financial terms were not disclosed.
What's the endgame? Founded in 1994 and based in Trenton, USFibers runs a closed-loop recycling platform that diverts post-industrial and post-consumer PET waste from landfills. It converts that waste into polyester staple fibres for automotive, geotextile, filtration, flooring, technical textile, and home furnishing markets.
Where does the money go? The investment supports continued growth, including potential expansion into new markets and value-added services. The management team, led by Teddy Oh, stays on to run the business and maintain existing customer relationships.
Who's backing it? Glisco Partners is a Mexico City-based firm with over 20 years of investing in North America. OIC manages roughly $6.5 billion in assets and specialises in capital solutions for middle-market businesses building sustainable infrastructure. TM Capital, a division of Capstone PartnersDealroom has a profile for this one. Try Dealroom → — IMAP USA, advised USFibers.
The signal: Investor appetite is building for industrial recyclers that turn waste streams into supply-chain inputs. Backing a vertically integrated PET-to-fibre operator lets Glisco and OIC bet on both circular-economy demand and the manufacturers that depend on domestic fibre.
Read more: IMAP
Image credit: Generated with Gemini
