Fund V Acquires Certified Recycling
Parallel49 Equity announces the acquisition of Certified Recycling (“Certified”). Certified is a leading provider of recycling and waste solutions services in Southern California. Matt Dalton, co-owner of Certified, says, “This transaction was a fantastic outcome for the company’s shareholders and employees. The investment from Parallel49 Equity presents our family’s business with extraordinary opportunities, including the capital and additional experience to accelerate growth and enhance the level of service and support our suppliers and brokers.” Certified Recycling is the second portfolio company investment of Parallel49 Equity (Fund V), LP.