Helix Kapital partners with Recycling Partner RP AB (“RP”), a leading player in circular solutions within re- and upcycling of workplace inventory. Together with Helix Kapital, RP’s founders and management will accelerate the company’s expansion in Sweden and the Nordics.
Founded in 2004, Recycling Partner has through its fully circular and value-added business model established itself as a pioneer in giving new life to used workplace inventory through repair, refurbishment and reuse. RP serves a comprehensive base of recurring customers in both the private and public sectors, where the company acts as a long-term partner in the customers’ transition to sustainable operations. RP has demonstrated impressive growth and currently operates through eight subsidiaries across Sweden, employing 85 FTEs.
“RP was founded with the vision of enabling companies to choose sustainable and cost-efficient options for their offices. We are proud of our innovative full-service offering, which promotes our customers’ transition to the circular economy. The re- and upcycling market is still in its early stages, meaning our growth potential is massive. With Helix Kapital as a partner, we get exciting opportunities to expand our operations and take our circular solutions to the next level. We are convinced that this is the right step to make an even greater impact.” says John Hultberg, co-founder of Recycling Partner.
“The partnership with RP aligns with Helix’s strategy to support sustainable businesses driving the transition to a more circular economy. Given the company’s strong business model and significant market potential, we are very optimistic about our joint journey ahead,” says Joakim Karlsson, Partner at Helix Kapital.
The terms of the transaction are not disclosed.
Contact details:
John Hultberg, Recycling Partner
Tel.: +46 8-640 13 24
E-mail: john@rp.se
Joakim Karlsson, Helix Kapital
Tel.: +46 733 904 435
E-mail: joakim.karlsson@helixkapital.se
About Recycling Partner:
Founded in 2004, Recycling Partner offers circular and sustainable solutions for office furniture through repair, refurbishment and reuse. The company also offers flexible rental solutions and a proprietary digital platform for office furniture management. RP has established itself as a long-term sustainability partner to a recurring base of customers in both the private and public sectors.
About Helix Kapital:
Helix Kapital is a Swedish growth-oriented investment company that invests in smaller unlisted Nordic companies. Helix seeks businesses with proven and profitable business models in industries supported by long-term growth trends.
Helix Kapital is backed by leading global financial institutions and benefits from support from the European Union under the InvestEU Fund.