Have you ever wondered who owns Liberty Tire Recycling? Well, wonder no more, my friend! In this blog post, we will delve into the ownership of one of the largest tire recycling companies in North America. Founded in 1992, Liberty Tire Recycling has grown to become one of the leading tire recycling companies, with over 140 locations across the United States and Canada. With such a strong presence in the industry, it’s only natural to be curious about who owns the company.
The majority of Liberty Tire Recycling is owned by the private equity firm, The Carlyle Group. They acquired the company in 2011 and have since invested in its growth and expansion. The Carlyle Group is known for investing in industries such as aerospace, defense, energy, healthcare, and technology, making Liberty Tire Recycling a unique addition to their portfolio.
Despite being owned by a private equity firm, Liberty Tire Recycling continues to operate under its original brand and maintain its commitment to sustainability and environmental responsibility. They work tirelessly to ensure that the 300 million tires they recycle each year are used in innovative ways, such as being turned into playgrounds, running tracks, and other sustainable products. In summary, The Carlyle Group is the majority owner of Liberty Tire Recycling, but the company remains dedicated to its mission to create a sustainable future.
Through their tire recycling efforts, they are reducing waste and creating new uses for old products. So, the next time you see a playground made of recycled tires, you can rest assured that Liberty Tire Recycling had a hand in making it possible.
Table of Contents
Introduction
If you’re wondering who owns Liberty Tire Recycling, you’ll be interested to know that the company has undergone a few ownership changes in recent years. Liberty Tire Recycling was originally founded in 1992 as a private business venture, but was later acquired by Chicago-based private equity firm, Pritzker Group in 201 However, in 2020, the company announced that it was being sold to ECP, a global leader in waste management and environmental services.
The terms of the acquisition were not disclosed, but the new ownership is expected to bring additional resources and expertise to Liberty Tire Recycling’s already established position as one of the largest tire recycling companies in North America. Regardless of who owns the company, its commitment to sustainability and reducing the environmental impact of tires remains a top priority.
Background Information on Liberty Tire Recycling
Liberty Tire Recycling is one of the largest tire recycling companies in North America, providing sustainable solutions for the recovery and processing of end-of-life tires. With over 25 years of experience, Liberty Tire Recycling has developed advanced technologies and innovative processes to turn scrap tires into valuable materials, such as rubber mulch, crumb rubber, and fine rubber powder, that can be used in a variety of applications, including playgrounds, landscaping, construction, and industrial markets. The company operates more than 30 facilities across the United States and Canada, serving a vast network of customers, including tire manufacturers, retailers, governments, and businesses.
By diverting millions of tires from landfills and promoting circular economy principles, Liberty Tire Recycling is making a significant contribution to environmental sustainability and resource conservation.
The Ownership of Liberty Tire Recycling
If you’re curious about who owns Liberty Tire Recycling, you’re in the right place. Liberty Tire Recycling is a privately-owned company, and it has gone through several different owners over the years. Currently, the company is owned by ECP, a private equity firm based in California.
Prior to that, Liberty Tire Recycling was owned by The Carlyle Group, another private equity firm. Before that, Phoenix-Hecht, a Canadian investment firm, owned the company. Despite changes in ownership, Liberty Tire Recycling has remained a leader in the tire recycling industry, working to provide sustainable solutions for discarded tires.
They offer a range of services, including tire collection, shredding, mulching, and repurposing. Through innovation and a commitment to sustainability, Liberty Tire Recycling is making a positive impact on the environment.
Previous Ownership
Previous Ownership Liberty Tire Recycling was established in 2001 as a privately held company by three founders. They envisioned a future where tire recycling would be a booming industry, and they wanted to be at the forefront of the industry. After years of hard work and dedication, Liberty Tire Recycling became the largest tire recycling company in North America.
In 2019, the company was acquired by ECP, a global leader in infrastructure investing. This acquisition was a win for both parties as it allowed Liberty Tire Recycling to continue its mission of providing sustainable tire recycling solutions while also benefiting from ECP’s expertise and resources. Today, Liberty Tire Recycling remains committed to its mission under the ownership of ECP.
Current Ownership
Currently, Liberty Tire Recycling is privately held by ECP (Energy Capital Partners), which is a private equity company. Previously, the company was owned by Delta-Energy Group LLC. In 2017, Delta-Energy sold the business to ECP, which has helped Liberty Tire Recycling grow to become the largest collector and recycler of scrap tires in North America.
ECP brings a wealth of experience and knowledge to Liberty Tire Recycling and is committed to helping the company expand its operations in the US. They currently have over 25 locations around the country and continue to provide sustainable solutions for waste tire management. With ECP’s backing, Liberty Tire Recycling is poised for continued growth and success, playing a critical role in protecting the environment and creating a cleaner, greener world.
Liberty Tire Recycling’s Mission and Values
If you’re curious to know who owns Liberty Tire Recycling, the answer is that it is a privately-held company. But more important than just who owns the company is what their mission and values are. At Liberty Tire Recycling, their mission is to create an eco-friendly way to dispose of tires while promoting community and environmental sustainability.
They achieve this mission by recycling over 180 million tires every year and turning them into useful products such as mulch, playground surfaces, and fuel. Their commitment to environmental sustainability is further exemplified in their values of promoting sustainability, innovation, and collaboration. By doing so, they strive to make a positive impact both on the environment and on the communities they serve.
Ultimately, their mission and values reflect their commitment to leaving a positive impact on the world.
Company Mission
Liberty Tire Recycling is a company with a strong mission and set of values. Their mission is to provide sustainable solutions that help preserve the environment and create a cleaner, safer world. They aim to do this by recycling tires and turning them into useful products that can be used in numerous applications.
They prioritize environmental sustainability, safety, and ethical practices, ensuring that their operations have a positive impact on the world around us. Their commitment to these values has made them leaders in the industry, recognized for their ability to deliver high-quality recycled products that meet the needs of their customers. By choosing Liberty Tire Recycling, you’re not only getting a reliable and trusted partner; you’re also helping to preserve the planet for future generations.
So if you’re looking for sustainable solutions that make a difference, look no further than Liberty Tire Recycling.
Company Values
At Liberty Tire Recycling, our primary mission is to protect our planet by providing environmentally responsible tire recycling services. We are passionate about creating a world where waste is minimized, and resources are preserved for future generations. To achieve this, we adhere to a set of core values that guide our actions and decisions.
These values include a commitment to safety, environmental sustainability, innovation, integrity, and teamwork. They form the foundation of our business and are integral to everything we do. We believe that by living these values, we can contribute to a healthier and more sustainable future, where waste is minimized, and resources are maximized.
Join us in our mission to create a better world, one tire at a time.
Conclusion
In the end, it’s not about who owns Liberty Tire Recycling, but rather who benefits from their tireless efforts to protect our environment and promote sustainable practices. Liberty Tire Recycling is a shining example of how businesses can prioritize both profitability and the planet, proving that the true owners of liberty and progress are the responsible citizens who strive to make a positive impact on our world.”
FAQs
What is Liberty Tire Recycling?
Liberty Tire Recycling is a leading tire recycling company in North America.
Who founded Liberty Tire Recycling?
Liberty Tire Recycling was founded by Thomas Womble in 1992.
Where is Liberty Tire Recycling headquartered?
Liberty Tire Recycling is headquartered in Pittsburgh, Pennsylvania.
What services does Liberty Tire Recycling offer?
Liberty Tire Recycling offers a range of tire recycling and reuse services, including tire collection, processing, and disposal.
How many tires has Liberty Tire Recycling recycled?
Liberty Tire Recycling has recycled over 180 million tires since it was founded.
What are the environmental benefits of tire recycling?
Tire recycling helps reduce the amount of waste in landfills, conserves natural resources, and reduces greenhouse gas emissions.
Does Liberty Tire Recycling operate in other countries?
Yes, Liberty Tire Recycling operates in Canada, Mexico, and across the United States.