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“The Convex team took a great deal of time & trouble to fully understand the uniqueness of our business. Their attention to detail through the closing stages of the transaction was very impressive and enabled us to achieve the result we could only dream of.”

Stuart Elliott and Milo Hanshaw, Founders

Tim Marlow


2 Recycling | December 2018

Convex Capital led, structured and originated the sale of 2 Recycling Limited, a leading UK B2B factory collection metal recycling operation, to CorpAcq a UK based corporate investment company for an undisclosed sum.

Since its inception in 2007, 2 Recycling has disrupted the market and transformed the way metal recycling operates through its mantra of “Scrap metal at its most professional”. By re-writing the rule book and focussing on transparency and customer service, 2 Recycling has become a vital part of its customers’ supply chain, offering a value added, collaborative and fully auditable waste management solution.

A deal was structured to secure the long-term success of the Company and provide further resource and expertise to help deliver managements ambitious growth plans.

The Convex deal team comprised Chris Froggatt, Tim Marlow and Tom Campbell.

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