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Recycling Lives

Sector Services | Sustainability
HQ United Kingdom
Deal typeMinority Buyout

Founded in 2008 and headquartered in the UK, Recycling Lives (“RL”) is a leading recycling and waste management solutions provider, with a unique focus on the creation of tangible social value through programmes including (i) HMP Academies to support offender rehabilitation, (ii) Residential Programme to support people at risk of homelessness to regain their independence and (iii) Food Redistribution supporting charitable groups to feed local communities.

The company operates a fully integrated business model and provides waste management and recycling services to blue-chip corporates and local authorities. Impressed by the business’ environmental ethos and social value, Three Hills’ partnered with RL to support organic and inorganic growth initiatives to gain market share in the UK and expand into new geographies.

Following a restructuring led by Three Hills in 2020, and the challenging market conditions faced throughout 2021-2023, in early 2024 Three Hills sold RL’s metal processing division to a strategic, UK-based trader of mineral and metal commodities, and carved-out the business’ Services division (“RLS”) with the aim of maximising value creation through organic growth and strategic M&A across the value chain over the next few years.