Engineered Recycling Systems (ERS), located in Atlanta, Georgia, announced that Line 5 Capital has made an institutional investment in the company.
The entire management team will remain in place. Line 5 and the ERS management team will continue the build out of a broader product offering, while further positioning the business to scale.
Line 5, acting as an independent sponsor, was supported by O15 Capital Partners with both debt financing and an equity co-investment alongside other limited partners on the investment.
ERS specializes in designing, installing and servicing custom equipment and systems focusing on scrap metal recycling as well as pneumatic scrap handling and dust collection systems for the paper and paper converting industries.