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About IMPACT Group

IMPACT Group is a WBE-global human resources service provider supporting clients with high-touch solutions in people development, corporate relocation and outplacement that improve individual and organizational performance. Companies use IMPACT Groups programs to attract, retain and mobilize top talent worldwide, build strong talent pipelines, as well as provide results-driven support to employees exiting an organization.

IMPACT Group Headquarter Location

12977 North Outer 40 Suite 300

St. Louis, Missouri, 63141,

United States

314-453-9002

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Latest IMPACT Group News

Abundia Global Impact Group to license Alterra Energy’s technology

Oct 29, 2021

Abundia Global Impact Group to license Alterra Energy’s technology Abundia says it plans to start development of its first site in the U.K. to chemically recycle end-of-life plastics. Abundia Global Impact Group (Abundia), a technology company focused on circular solutions and sustainability, has entered into a licensing agreement with Akron, Ohio-based Alterra Energy. The terms of the agreement were not announced. Alterra's thermochemical liquefaction process will be combined with Abundia's technology to recycle postuse plastics into usable chemical products. Abundia says it plans to start development of its first site in the U.K., which will be able to process up to 40,000 tons of plastics annually into various recycled chemicals during the second half of 2022. The company says it plans to increase the site’s processing capacity to 120,000 tons annually by 2027. At its Akron plant, Alterra converts plastic destined for landfills into petrochemical materials that can be further refined into the raw materials for new plastic production and other petrochemical products. The facility is International Sustainability and Carbon Certification PLUS (ISCC PLUS) certified as a pyrolysis plant and collection point for mixed plastic waste. The company licenses its technology to entities looking to recycle more challenging plastics or seeking more sustainable products. Alterra says it is partnering with companies in the solid waste industry, government entities and petrochemical companies. "Having spent many years researching, co-developing and reviewing scores of technologies that attempt to solve the global plastics recycling crisis, I'm convinced that the combination of Alterra's liquefaction platform and Abundia's downstream upgrading technologies will provide a robust and circular solution to the waste plastics problem cluttering our world today," says Martin Atkins, chief scientific officer of Abundia Global Impact Group . "Our combined, efficient, high-volume continuous process creates an economical and sustainable solution for plastic and municipal wastes that are sought by global stakeholders including governments, industry, environmental groups and consumers." "Abundia shares our commitment to solving plastic pollution and to supporting the circular economy. Our innovative advanced recycling approach, combined with Abundia's upgrading technology process, is another step in this direction," Frederic Schmuck, CEO of Alterra , adds. United States Steel Corp. (U.S. Steel), headquartered in Pittsburgh, has announced a number of records in its recently completed third quarter, including net earnings; earnings before interest, taxes, depreciation and amortization (EBITDA); EBITDA margin; and liquidity, company President and Chief Executive Officer David B. Burritt says. The company reported third-quarter net earnings of $2 billion, or $6.97 per diluted share. Adjusted net earnings totaled $1.54 billion, or $5.36per diluted share. This compares with the third-quarter 2020, when the company reported a net loss of $234 million, or $1.06 per diluted share. The adjusted net loss for the third quarter of 2020 was $268 million, or $1.21 per diluted share. U.S. Steel’s net sales totaled $5,964 million for the quarter and $14,653 million for the first nine months of the year. In 2020, quarterly net sales were $2,340 million and $7,179 million for the nine-month period. The company's Flat-Rolled segment posted $1,135 million in EBITDA for the quarter, while its Mini Mill segment (excluding the Fairfield, Alabama, electric arc furnace, which is reported in its tubular segment) posted $464 million in EBITDA and its Tubular segment posted $11 million in EBITDA. Burritt says, “Our balance sheet has been transformed, and the cash flow generation of the business has us highly confident in our ability to prefund organic growth investments that will expand our existing competitive advantages. We are getting to our Best for All future faster.” U.S. Steel’s Best for All strategy involves achieving net-zero carbon emissions by 2050, which builds on its 2030 goal to reduce greenhouse gas emissions intensity by 20 percent based on a 2018 baseline. The company also launched verdeX sustainable steel, which contains up to 90 percent recycled content and is produced with a carbon footprint that’s 75 percent lower than comparable products made through integrated steelmaking. Regarding U.S. Steel ’s strategy, he says, “It's not either investing in our business or returning capital directly to stockholders, it's both. Our future now includes a $300 million stock repurchase program and 5 cents per share quarterly dividend to begin directly rewarding stockholders for the progress we have made so far. We are confident in the long-term value our new, highly capable minimill will create as it further expands our competitive advantage to produce sustainable and differentiated steel. We are getting better, not bigger, by building on our Mini Mill segment's industry-leading performance to create a business model that will continue to reward stockholders into the future.” Germany-based international consultancy RecycleMe and Stalder Anlagenbau GmbH, also based in Germany, will cooperate to conduct sorting tests to determine the recyclability of packaging. The tests will be performed at the Stadler Test and Innovation Center in Slovenia for RecycleMe GmbH – a company of the Raan Group, which also includes the Reclay Group companies active in the field of extended producer responsibility (EPR) systems. At the test center. RecycleMe customers can analyze sorting behavior of their packaging under current and in real-life conditions. "We are pleased to have Stadler as a globally active and renowned partner at our side," says Sabrina Goebel, managing director at RecycleMe. "This cooperation allows us to offer our clients sorting tests under the best conditions using the latest technology, simulating the behavior of packaging in practice—and with meaningful quantities. This will enable us to further increase the quality of the results in our recyclability analysis and optimization of packaging." This practical investigation into the recyclability of packaging through RecycleMe ’s Circulate°Optimize. Once the behavior of a package has been analyzed by RecycleMe and Stadler, customers receive reports, a trend analysis and additional recommendations from the RecycleMeTeam, which is built around experts from the circular economy and recycling industry. Willi Stadler, managing director at Stadler , says, "I am very much looking forward to the joint projects and to the findings we will take away from them. Our Test and Innovation Center is representative of a state-of-the-art sorting plant. In addition, we have sensor technology that allows us to provide RecycleMe clients with tailor-made solutions. "  He adds, "As one of the most sought-after specialists in the field of premium plant construction, we see ourselves as pioneers in our industry. By working with an innovative and well-connected company such as RecycleMe GmbH, we gain important insights into current market developments, which we will then incorporate into new projects."   Elemental Holding S.A, Grodzisk Mazowiecki, Poland, has announced that it will build a facility to recycle spent lithium-ion batteries from electric vehicles and other products in the city of Zawiercie in southern Poland. Elemental says it has acquired land for the plant in co-operation with the local authorities and the local special economic zone in Katowice, the country’s main industrial area. The facility will use technology that enables the recovery and green production of nickel, cobalt, lithium and other metals and raw materials that are essential for the lithium-ion battery value chain, according to the company, which expects operations to begin in 2023. The company says as part of the project, dedicated technology will be developed in cooperation with Poland’s technological universities from Wrocław and Gliwice, as well as with the Łukasiewicz Research Network – Institute of Non-Ferrous Metals and leading global suppliers of advanced production equipment. A spokesperson for Elemental says the facility will measure approximately 500,000 square meters, or 5.4 million square feet, but declines to comment on the target capacity, adding that it likely will be "considerable." He notes that Poland and Central Europe are home to a growing number of battery plants. According to an article in Politico, "Poland’s scale is mostly due to an LG factory in Kobierzyce in the southwest of the country. The Korean company’s facility is Europe’s biggest factory of batteries for e-vehicles, producing 20 gigawatt-hours’ worth a year." The article adds that the factory could be the biggest in the world  in light of a Polish-government-supported 300-million-euro expansion to produce 100 gigawatt-hours' worth of batteries annually, which is an estimated 60 percent of Europe’s current demand. “We have reached another milestone in what is one of Europe’s most ambitious commercial projects aimed at reducing emissions as well as providing support for the development of e-mobility and circular economy across the continent,” says Michał Zygmunt, vice president of Elemental Holding. “The recycling and reuse of metals from car batteries will lead to carbon savings of as much as 98 percent compared with their primary counterparts. It is therefore seen as a critical part of the transition to a low-carbon economy.” Elemental Holding 's companies manufacture strategic raw materials sourced through the processing of end-of-life electronics, catalytic converters, printed circuit boards and nonferrous scrap metals. Its companies operate in 15 countries across three continents: Europe, Asia and North America. The company recently acquired two U.S. companies involved in catalytic converter recycling. In September, Elemental announced the purchase of  Legend Smelting and Recycling (LRS), a Hebron, Ohio-based company that sources catalytic converters and nonferrous scrap, including lead-acid batteries, copper wire, radiators, starters and transmissions, from across North America, including Mexico. LRS has locations in Ohio, California, Illinois, Indiana and Texas. Earlier this year, Elemental purchased Maryland Core Inc. , a Baltimore-based buyer and recycler of catalytic converters, used auto parts and other automotive scrap materials. Atlanta-based aluminum producer Novelis Inc. has announced a $375 million investment to expand rolling and recycling capabilities at its plant in Zhenjiang, Jiangsu Province, China. Novelis says the project will fully integrate its automotive business to supply automakers in Asia with Novelis’ low-carbon, sustainable aluminum. The expansion includes upgrades to the existing hot mill, a new cold mill, and a new recycling and casting center, which will allow the company to implement closed-loop recycling partnerships with automotive customers in Asia. Novelis expects to break ground on the expansion early next year and complete it in mid-2024. Recycling aluminum is a key component of Novelis’ sustainability commitment to reduce carbon emissions 30 percent by 2026 and become carbon neutral by 2050, says the company. “The Zhenjiang expansion reaffirms our financial strength and commitment to reinvesting for growth while also advancing our business toward the circular economy,” says Steve Fisher, president and CEO of Novelis. “With this investment, we will further solidify our standing as the leading provider of automotive aluminum sheet in Asia. We will also be better positioned to support the rapidly growing electric vehicle (EV) market and their need for lightweight, low-carbon aluminum.” “China is one of the fastest-growing vehicle markets in the world and its automakers are gaining market share across Asia,” comments Sachin Satpute, an executive vice president of the firm and president of Novelis Asia. “Therefore, this strategic investment is needed to keep pace with growing demand, particularly from EV companies. Most importantly, the creation of the country’s first automotive closed-loop recycling system advances our purpose of ‘Shaping a Sustainable World Together’ while aligning with China’ ambitious carbon reduction goals.” During the past three years, Novelis says it has increased its global automotive capacity by 250 percent in response to growing demand for aluminum components and parts from automakers. During the past three years, Novelis says it has increased its global automotive capacity by 250 percent in response to growing demand for aluminum components and parts from automakers. “China is one of the fastest-growing vehicle markets in the world and its automakers are gaining market share across Asia,” comments Sachin Satpute, an executive vice president of the firm and president of Novelis Asia. “Therefore, this strategic investment is needed to keep pace with growing demand, particularly from electric vehicle (EV) companies. Most importantly, the creation of the country’s first automotive closed-loop recycling system advances our purpose of ‘Shaping a Sustainable World Together’ while aligning with China’ ambitious carbon reduction goals.” During the past three years, Novelis says it has increased its global automotive capacity by 250 percent in response to growing demand for aluminum components and parts from automakers.

IMPACT Group Investments

1 Investments

IMPACT Group has made 1 investments. Their latest investment was in Dog Chef as part of their Series A on October 10, 2021.

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IMPACT Group Investments Activity

investments chart

Date

Round

Company

Amount

New?

Co-Investors

Sources

10/25/2021

Series A

Dog Chef

$14.51M

Yes

1

Date

10/25/2021

Round

Series A

Company

Dog Chef

Amount

$14.51M

New?

Yes

Co-Investors

Sources

1

IMPACT Group Acquisitions

3 Acquisitions

IMPACT Group acquired 3 companies. Their latest acquisition was Signature Specialty Sales & Marketing on April 05, 2017.

Date

Investment Stage

Companies

Valuation
Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model.

Total Funding

Note

Sources

4/5/2017

$99M

Acquired

3

8/7/2014

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$99M

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10

7/10/2012

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$99M

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0

Date

4/5/2017

8/7/2014

7/10/2012

Investment Stage

Companies

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Valuation

$99M

$99M

$99M

Total Funding

Note

Acquired

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Sources

3

10

0

IMPACT Group Team

1 Team Member

IMPACT Group has 1 team member, including former Executive Vice President, Thomas Hicks.

Name

Work History

Title

Status

Thomas Hicks

Executive Vice President

Former

Name

Thomas Hicks

Work History

Title

Executive Vice President

Status

Former

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