About Close The Loop
Close The Loop is a company based in Melbourne (Australia) founded in 2001 by Steve Morriss.. Close The Loop has completed 2 acquisitions, including Alliance Paper and ISP TEK Services. Close The Loop offers products and services including TonerPlas®, rFlex®, and Battery Program. Close The Loop operates in a competitive market with competitors including ProActive ink, LVL, Environmental Reclamation Services, Cartridge Evolution and RecoupNow, among others.
- Headquarter Melbourne, Australia
- Founders Steve Morriss
- Stage Public
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Sectors
Environment
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Email
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Phone
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Website
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Social
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- Legal Name Close The Loop Ltd.
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Annual Revenue
$128.94 M (USD)-6.62as on Jun 30, 2025
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Net Profit
$-14.66 M (USD)-302.59as on Jun 30, 2025
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EBITDA
$8.44 M (USD)-67.58as on Jun 30, 2025
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Latest Funding Round
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Investors
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Employee Count
Employee Count
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Investments & Acquisitions
Alliance Paper
& 1 more
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IPO & Listings of Close The Loop
Close The Loop is a publicly listed company on the ASX with ticker symbol CLG in Australia, operating in the Industrial services sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
Products & Services of Close The Loop
Close The Loop offers a comprehensive portfolio of products and services, including TonerPlas®, rFlex®, and Battery Program. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Additive from recycled materials for durable asphalt roads.
Resin made from post-consumer plastic for new packaging.
Safe collection and recycling of batteries for sustainability.
Funding Insights of Close The Loop
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investments & Acquisitions by Close The Loop
Close The Loop has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include Alliance Paper and ISP TEK Services. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Desktop, monitors, printers, and other hardware products are supplied.
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2021 | ||||
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Thermal papers, receipt rolls, and food-grade wraps are supplied domestically.
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2015 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Close The Loop
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Close The Loop Comparisons
Competitors of Close The Loop
Close The Loop operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as ProActive ink, LVL, Environmental Reclamation Services, Cartridge Evolution and RecoupNow, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Provides printing ink recycling services for businesses.
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Print cartridge waste recycling services are provided in France.
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| domain | founded_year | HQ Location |
Electronics gadgets and printer recycling company
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| domain | founded_year | HQ Location |
Delivers comprehensive waste recycling services for sustainable solutions.
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| domain | founded_year | HQ Location |
Specializes in recycling printer cartridges for sustainable waste management.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Close The Loop
Frequently Asked Questions about Close The Loop
When was Close The Loop founded?
Close The Loop was founded in 2001.
Where is Close The Loop located?
Close The Loop is headquartered in Melbourne, Australia. It is registered at Melbourne, Victoria, Australia.
Who is the current CEO of Close The Loop?
Rob Parry Jones is the current CEO of Close The Loop.
What is the annual revenue of Close The Loop?
Annual revenue of Close The Loop is $128.94M as on Jun 30, 2025.
What does Close The Loop do?
Close The Loop was founded in 2001 in Melbourne, Australia, within the environmental services sector. Operations involve the collection, processing, and recycling of waste materials for commercial and industrial clients. Services encompass end-to-end recycling solutions, including material recovery and compliance support. The company maintains a focus on sustainable practices, with leadership provided by founder Steve Morriss and CEO Rob Parry Jones, serving primarily Australian markets.
Who are the top competitors of Close The Loop?
Close The Loop's top competitors include Environmental Reclamation Services, LVL and ZERO POINT.
What products or services does Close The Loop offer?
Close The Loop offers TonerPlas®, rFlex®, and Battery Program.
Is Close The Loop publicly traded?
Yes, Close The Loop is publicly traded on ASX under the ticker symbol CLG.
How many acquisitions has Close The Loop made?
Close The Loop has made 2 acquisitions, including Alliance Paper, and ISP TEK Services.
What is Close The Loop's ticker symbol?
The ticker symbol of Close The Loop is CLG on ASX.