Strategic Materials Overview

  • Year Founded
  • 1896

Year Founded

  • Status
  • Acquired/​Merged

  • Employees
  • 800

Employees

  • Latest Deal Type
  • M&A

  • Financing Rounds
  • 11

  • Investments
  • 4

Strategic Materials General Information

Description

Provider of glass and plastic recycling services intended to serve the glass manufacturing process used across multiple end markets. The company engages in the supplying of recycled glass and plastic which are efficiently processed to turn them into viable products like containers, fiberglass, highway beads, glass abrasives, decorative glass, glass fillers, and other specialty glass, enabling manufacturers of these items to get the raw materials for the production while also contributing to the conservation of the environment.

Contact Information

Website
www.smi.com
Formerly Known As
Bassichis Company
Ownership Status
Acquired/Merged
(Operating Subsidiary)
Financing Status
Formerly PE-Backed
Corporate Office
  • 17220 Katy Freeway
  • Suite 150
  • Houston, TX 77094
  • United States
+1 (281)
Primary Industry
Other Commercial Services
Other Industries
Environmental Services (B2B)
Industrial Supplies and Parts
Parent Company
Sibelco
Vertical(s)
Corporate Office
  • 17220 Katy Freeway
  • Suite 150
  • Houston, TX 77094
  • United States
+1 (281)

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Strategic Materials Valuation & Funding

Deal Type Date Amount Valuation/
EBITDA
Post-Val Status Debt

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Strategic Materials Comparisons

Description
Primary
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last
Financing
Details
Provider of glass and plastic recycling services intended to serve the glass manufacturing process used across multiple
Other Commercial Services
Houston, TX
800 As of 2024

Canton, OH

Bothell, WA
 
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Strategic Materials Competitors (2)

One of Strategic Materials’s 2 competitors is Shanafelt, a Corporation company based in Canton, OH.

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing Amount
Shanafelt Corporation Canton, OH
DTG Recycle Private Equity-Backed Bothell, WA
You’re viewing 2 of 2 competitors. Get the full list »

Strategic Materials Patents

Strategic Materials Recent Patent Activity

Publication ID Patent Title Status First Filing Date Technology (CPC) Citations
ES-2658388-A2 Coin recognition and removal from a material stream Active 27-Feb-2015
US-20160253856-A1 Coin recognition and removal from a material stream Inactive 27-Feb-2015
ES-2658388-B1 Recognition of coins and collection from a flow of material Inactive 27-Feb-2015
ES-2658388-R1 Coin recognition and collection from a flow of material Active 27-Feb-2015
US-20100230330-A1 Method of and apparatus for the pre-processing of single stream recyclable material for sorting Inactive 16-Mar-2009 B07C5/363
To view Strategic Materials’s complete patent history, request access »

Strategic Materials Signals

Growth Rate

Weekly
Growth
Weekly Growth

Size Multiple

Median
Size Multiple

Key Data Points

Similarweb Unique Visitors

Majestic Referring Domains

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Strategic Materials Former Investors

Investor Name Investor Type Holding Investor Since Participating Rounds Contact Info

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Strategic Materials Investments & Acquisitions (4)

Strategic Materials’s most recent deal was a Buyout/LBO with Ripple Glass. The deal was made on 01-Sep-2022.

Company Name Deal Date Deal Type Deal Size Industry Lead Partner
Ripple Glass 01-Sep-2022 Buyout/LBO Specialty Retail
Novetas Solutions 31-Dec-2014 Buyout/LBO Other Commercial Products
Container Recycling Alliance 14-Jul-2008 Buyout/LBO Environmental Services (B2B)
Nexcycle Plastics 01-Apr-2004 Merger/Acquisition Environmental Services (B2B)
To view Strategic Materials’s complete investments and acquisitions history, request access »

Strategic Materials Affiliates

Subsidiaries (1)

Name Industry Location Year Founded
Ripple Glass Kansas City, MO 2009

Strategic Materials FAQs

  • When was Strategic Materials founded?

    Strategic Materials was founded in 1896.

  • Where is Strategic Materials headquartered?

    Strategic Materials is headquartered in Houston, TX.

  • What is the size of Strategic Materials?

    Strategic Materials has 800 total employees.

  • What industry is Strategic Materials in?

    Strategic Materials’s primary industry is Other Commercial Services.

  • Is Strategic Materials a private or public company?

    Strategic Materials is a Private company.

  • What is Strategic Materials’s current revenue?

    The current revenue for Strategic Materials is .

  • How much funding has Strategic Materials raised over time?

    Strategic Materials has raised $83M.

  • Who are Strategic Materials’s investors?

    Allwaste, Equus Total Return Incorporated, Landmark Partners, Littlejohn & Co., and Nexcycle Plastics are 5 of 8 investors who have invested in Strategic Materials.

  • Who are Strategic Materials’s competitors?

    Shanafelt and DTG Recycle are competitors of Strategic Materials.

  • When was Strategic Materials acquired?

    Strategic Materials was acquired on 03-Jun-2024.

  • Who acquired Strategic Materials?

    Strategic Materials was acquired by Sibelco.

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