Tiger Infrastructure Partners completed a growth investment in Bolder Industries, a circular-economy infrastructure platform. Tiger Infrastructure is partnering with the company to provide growth capital to enable the buildout of new facilities.
“As an innovator in the production of recovered carbon black and pyrolysis oil, we believe that Bolder is in a prime position to capitalize on growing demand for validated, cost-effective circular economy products from end-of-life tires,” Emil W. Henry, Jr., CEO and chief information officer of Tiger Infrastructure, said. “Bolder has been at the forefront in demonstrating the ability to consistently produce high-quality products for some of the most discerning global consumer brands.”
“We have been impressed by Tony Wibbeler, founder and CEO, and his team,” Joe Clemente, managing director of Tiger Infrastructure, said. “They are among the leaders in this emerging sector where there are very few players with the expertise and track record in developing these essential infrastructure projects.”
“We are thrilled to partner with Tiger Infrastructure in our next phase of growth,” Tony Wibbeler, founder and CEO of Bolder, said. “Tiger Infrastructure is our partner of choice because they were a first mover in growth infrastructure and possess a successful track record in scaling infrastructure platforms like ours. Further, they have a valuable operating partner network and a unique transatlantic footprint that can help us grow our current and planned asset base in both the US and Europe. There is robust market demand globally for our products and we are excited to leverage Tiger Infrastructure’s expertise in building the infrastructure of tomorrow.”
Latham & Watkins served as legal advisor to Tiger Infrastructure. King & Spalding served as legal advisor and Greenhill, a Mizuho affiliate, served as financial advisor to Bolder.
