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Repurpose It announces sale of business and welcomes new owners

Repurpose It, a leading player in the circular economy sector, has announced the sale of its business and the introduction of its new owners, Palisade Impact. Over the past six years, Repurpose It has achieved remarkable growth by repurposing materials and breathing new life into the construction and landscaping industries.

Repurpose It has been at the forefront of the circular economy, championing sustainability and promoting the reuse of materials to reduce waste. With a strong commitment to environmental responsibility, Repurpose It has successfully positioned itself as a market leader in repurposing materials, leading to substantial growth and recognition in the industry.

The team is excited as we look toward the future and the unprecedented growth opportunities that lie ahead with the support of our new owner, Palisade Impact.

Palisade Impact’s philosophy is to invest for impact – by seeking to deliver attractive long-term returns and a tangible and measurable social and environmental benefit. Palisade Impact’s senior management team has significant experience in impact investing, infrastructure investing (both traditional and next generation) as well as in growth equity investing (in next generation infrastructure adjacent businesses). Palisade Impact is majority owned by its management, which provides a strong alignment of interests with investors.

The firm’s dedication to social and environmental impact aligns seamlessly with Repurpose It’s mission and values.

Speaking about the sale, George Hatzimanolis, Founder & CEO, at Repurpose It, expressed his enthusiasm for the partnership, stating, “We are thrilled to join forces with Palisade Impact. Their extensive experience in infrastructure investments, combined with their dedication to measurable social and environmental benefits, will propel Repurpose It to new heights. We are confident that this partnership will enable us to accelerate our growth and continue making a positive impact on the environment.”

“As a founder of Repurpose It, I am proud to continue my role as Managing Director and CEO. I am looking forward to working with Palisade to grow our business into the future”

As Repurpose It embarks on this exciting new chapter, the company remains steadfast in its commitment to repurposing materials, reducing waste, and creating a sustainable future. With Palisade Impact by its side, Repurpose It is poised to achieve even greater success and impact in the circular economy sector.