Hyde Park Capital Announces Recapitalization Of Creative Recycling Systems By Intersection

Hyde Park Capital Announces Recapitalization Of Creative Recycling Systems By Intersection

Tampa, Florida – April 11, 2012 – Hyde Park Capital Advisors, LLC (“Hyde Park Capital”) is pleased to announce the recently completed investment in and recapitalization of Creative Recycling Systems, LLC (“CRS”), an award-winning global leader in the reuse and recycling of surplus and end-of-life electronics, by Intersection, LLC. Intersection is a business-building financial sponsor and partner focused on renewable resources and healthcare industry verticals and brings capital, industry expertise and business-building acumen that are intended to provide step function growth of CRS. This partnership is enabled by CRS’s strong history in environmental leadership and innovation and will be focused on market expansion, brand recognition, customer partnerships, innovation, operational excellence and overall market awareness of the critical importance of responsible electronics recycling. Hyde Park Capital served as the exclusive investment banker and financial advisor to CRS in the transaction.

“Over the last 18 years, the CRS team dedicated itself to building a world class IT asset management and electronics recycling company,” said Jon Yob, CRS’s Founder and CEO. “We are excited to partner with the Intersection team to scale our platform globally. Intersection has tremendous relevant experience and will be excellent partners for CRS as they share a similar passion for excellence in environmental stewardship. We thank Hyde Park Capital for its help and advice working with CRS throughout the process leading up to this important transaction for us.”

“This is a dynamic and growing industry that is only going to flourish with the continued advent of regulation nationwide. There is no doubt in our mind that Intersection has invested in the most technologically advanced platform within the industry with CRS,” said Jeffrey Bridge, Vice President at Hyde Park Capital. “CRS is a wonderful success story, built with hard work, vision and an unquestioned commitment to sustainability,” added John Hill, Senior Managing Director at Hyde Park Capital. “We appreciate the opportunity to work with Jon Yob and the excellent team at CRS on this significant transaction.” “We have been exploring, engaging and committing ourselves to the electronics recycling market for quite some time through the collaboration with a true market- making partner. We have found such a partner in CRS and feel privileged to engage in the growth journey with the CRS team,” added Rich Rakowski, Principal at Intersection. “The team at Hyde Park Capital was instrumental in initiating this transaction and we appreciate their constructive role in the process.”

About Creative Recycling Systems

Founded in 1994, Creative Recycling Systems is an award-winning global leader in the reuse and recycling of surplus and end-of-life electronics. Working with its worldwide partners, CRS is a pioneer in the development and utilization of state-ofthe-art processing and separation technology, including the recovery of rare earth elements found in commercial and consumer electronics. Incorporating cuttingedge technology for the recycling of Liquid Crystal Display (LCD) televisions and monitors, CRS provides the U.S. with the best solution for the millions of tons of electronics that become obsolete every day. More information is available at www.crserecycling.com.

About Intersection

Intersection, LLC is a business-building sponsor and partner of companies that operate in the renewable resources and healthcare industries. Intersection’s model is to identify and implement seminal events that drive step-function value creation that enhances its portfolio. Intersection was one of the founders of ReCommunity, the nation’s largest pure play municipal solid waste recycling company. More information is available at www.intersectionpartners.com.

About Hyde Park Capital

Hyde Park Capital is an institutionally focused investment banking firm specializing in mergers and acquisitions and private placements and serving the corporate finance needs of middle market public and private companies. Our principals have extensive investment banking experience executing merger & acquisition engagements, including purchase and sale of company assignments, recapitalizations, financial advisory, fairness opinions and raising growth capital and acquisition financing for companies, including equity, mezzanine and senior debt. As one of the most active investment banking firms in Florida and the Southeast, our professionals have advised on more than 300 corporate investment banking transactions totaling more than $10 billion in transaction value. We are headquartered in Tampa, Florida and are a member of FINRA and SIPC. For additional information about Hyde Park Capital, visit www.hydeparkcapital.com or call (813) 383-0202.

Client Testimonials

"Hyde Park’s team guided us through the process, providing us with a number of high quality counter-parties, and supported us through the transaction structuring, negotiation and due diligence. We are very pleased with the outcome and excited for the future of DTS.”
Allen Ibaugh, Co-Founder and CEO of Data Transfer Solutions
“We enjoyed working with Hyde Park Capital and appreciated their M&A expertise in the technology services sector and their help on this important transaction.”
Chris Toepke, CEO of Trifecta
“We very much appreciated the assistance of Hyde Park Capital on this strategic acquisition for ITE. Their M&A experience was quite helpful to our team and the overall process and assured the deal was well executed and we got it closed on schedule.”
Scott Dols, CEO of Industrial Truck & Equipment, LLC
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