In April 2016, P Capital Partners provided a senior secured term loan of EUR 27 million to Reverse Logistics GmbH (“RLG”). The proceeds from the financing were used to refinance debts and for general corporate purposes.
RLG is a leading provider of reverse logistics, after-sales management and individual take back solutions as well as environmental compliance services. RLG operates in more than 80 countries and has approximately 500 employees. During 2015, the company generated revenues of approximately EUR 128 million. RLG is headquartered in Dornach, Germany and is a portfolio company of Monitor Clipper Partners.
RLG operates in a market experiencing several favourable trends for reverse logistic services, including increasing legislative pressure for product responsibility and e-commerce penetration with high return rates. In addition, as the circular economy is gaining more and more awareness, this is expected to drive demand for services and solutions that facilitate the reuse and recycling of goods.
April, 2016