United Rags Recycler LLC

Houston, Texas

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

Revenue

Valuation

Valuation

Ratios

Revenue / EBITDA
$123 MM
Valuation / Revenue
$123 MM
Valuation / Employees
$123 MM
EBITDA / Revenue
$123 MM
1-Year CAGR (Revenue)
03
3-Year CAGR (Revenue)
11
1-Year CAGR (Employees)
19
3-Year CAGR (Employees)
96

People

Employee Figures

Employees

Key Executives

NameTitleSocialsEmailPhone
John DoeEmployee
--
Jane DoeEmployee
John DoeEmployee
John DoeEmployee

401K

Total Active Participants
1234
No. Participants with Account Balances
56789
Total Liabilities Start of Year
1234
Total Assets Start of Year
56789

Deals

M&A2024-03-15Completed

Seller

Founders Group

Investor Sponsors

NorthBridge PE

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

Target

BrightHealth Technologies

Seller

Early Investors Consortium

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