Scrap Metal Services

Illinois City, United States Founded: 2005 • Age: 21 yrs
Supplier of ferrous and non-ferrous scrap commodities to both domestic and international consumers

About Scrap Metal Services

Scrap Metal Services is an Environment company based in Illinois City (United States) founded in 2005. Supplier of ferrous and non-ferrous scrap commodities to both domestic and international consumers. The company has 419 employees. Scrap Metal Services offers products and services including Steel Mill Services, Non-Ferrous and Ferrous Processing, Ship Recycling, and Demolition Waste Recycling. Its focus areas include Waste & Water Management, Waste Management, Treatment and Recycling. Its competitors include Sims Metal Management, A.Y. McDonald and Metalico.

Company details

Scrap Metal Services was founded in 2005 in Illinois City, United States, within the scrap metal sector. Ferrous and non-ferrous commodities are sourced, processed, and distributed to both domestic and international buyers. Operations encompass collection from various suppliers and delivery through established logistics networks. The companys domain, scrapmetalservices.com, supports online inquiries and transactions. Focus remains on recyclable metals, serving industrial and recycling needs across multiple geographies.

Key Metrics
  • Latest Funding Round
    $60M (USD), Debt – Conventional

    Jun 2017

  • Investors
  • Employee Count
    419

Products & Services of Scrap Metal Services

Scrap Metal Services offers a comprehensive portfolio of products and services, including Steel Mill Services, Non-Ferrous and Ferrous Processing, Ship Recycling, and Demolition Waste Recycling.

Steel Mill Services
Industrial Processing

Handles raw material processing and waste recycling for steel mills

Non-Ferrous and Ferrous Processing
Recycling Services

Processes metals and manages scrap for public and industrial use

Ship Recycling
Decommissioning Services

Recycles ships and oil rigs while minimizing environmental impact

Demolition Waste Recycling
Waste Management

Manages and recycles waste from demolition sites efficiently

Funding Insights of Scrap Metal Services

  • Total Rounds 2
  • Last Round Debt – Conventional β€” $60M
  • First Round $63M

    (Dec 2015)

  • Investors Count 3

All 2 funding rounds of Scrap Metal Services with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Jun 2017$60MDebt – Conventional––
Dec 2015$63MDebt – Conventional––
Valuation history

3 investors in total: 3 institutional.

Investors in Scrap Metal Services

Scrap Metal Services has secured backing from 3 investors, including institutional investors. Prominent investors backing the company include Bank of America, Wells Fargo and B. Riley Financial.

All
Institutional
InvestorDescriptionFounded YearDomainLocation
Commercial banking and asset management services are offered worldwide.
1904bankofamerica.comCharlotte, United States
Mergers, acquisitions, capital raising, and strategic advisory services are provided.
1997brileyfin.comLos Angeles, United States
Diverse financial services and online banking are provided to clients.
1852wellsfargo.comSan Francisco, United States
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Investor details for Scrap Metal Services

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People of Scrap Metal Services

17 people are tracked at Scrap Metal Services (8 in leadership, 9 in team); the tracked headcount is 419.

NameRoleGroup
Felipe G. F. Pinto
Vice President, Mill ServicesLeadership
Diane McFarlane
Vice President Human ResourcesLeadership
Bart Vanderlinden
Managing Director EuropeLeadership
Mike Malan
CFOLeadership
Keith Pyles
Director Of Business DevelopmentLeadership
Jeremy Kirchin
CEOLeadership
Julimar Cosme
General Manager ProductsLeadership
Chris Merley
Senior Vice President, FinanceLeadership
Luiz Augusto
Coordenador De Manutenção E Gestão De AtivosTeam
Kevin Crary
EVPTeam
Filip Mercken
ProductiemanagerTeam
Zachary Zeier
Staff AccountantTeam
Wanderson Marques
Operations ManagerTeam
Bryan Wilt
Operations ManagerTeam
Nicholas Pereira Storino
Coordenador De Planejamento E ControleTeam
Daniel Gertler
Scrap Purchasing ManagerTeam
Martha Jimenez
Senior Accountant ManagerTeam
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Complete people profiles for Scrap Metal Services

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Timeline of Scrap Metal Services

3 dated milestones of Scrap Metal Services across 12 years, from founding to its latest funding, stage changes and deals.

  1. Founded Scrap Metal Services is founded.
  2. Funding First funding round of $63.0M.
  3. Funding Latest funding round, Debt – Conventional, of $60.0M.

Competitors of Scrap Metal Services

Scrap Metal Services has 3 listed competitors in our database. They include Sims Metal Management, A.Y. McDonald and Metalico.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
simsmm.com1917New York, United States7,972
Metal and electronics recycling services are provided worldwide.
aymcdonald.com1856Dubuque, United States1,471
Provider of metal recycling services
metalico.com1997Cranford, United States549
Metalico, Inc. is engaged in scrap metal processing and recycling.
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Detailed competitors of Scrap Metal Services

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Web traffic of Scrap Metal Services

Websites that share an audience with Scrap Metal Services (scrapmetalservices.com).

Similar websites

Websites whose visitors overlap most with Scrap Metal Services. Affinity shows how closely the audiences match.

WebsiteDomainAudience affinityMonthly visitsGlobal rankProfile
recyclingmonster.com
100%
26.5K#983,416View details

Top companies in Waste & Water Management Systems

3 companies that operate in the same segment as Scrap Metal Services (Waste & Water Management Systems) in United States, ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Waste collection and management services are provided nationwide.
1968Houston, Texas, United StatesUSD 25.2 B61,700
Integrated waste management services are provided nationwide.
1998Phoenix, Arizona, United StatesUSD 16.59 B42,000
Smart water dispensers with flavored options are provided for offices.
2013Boston, Massachusetts, United StatesUSD 135.53 M102
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Related news about Scrap Metal Services

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Frequently Asked Questions about Scrap Metal Services

Scrap Metal Services was founded in 2005 and raised its 1st funding round 10 years after it was founded.

Scrap Metal Services is headquartered in Illinois City, United States. It is registered at Illinois City, Illinois, United States.

Scrap Metal Services has 419 employees.

Scrap Metal Services was founded in 2005 in Illinois City, United States, within the scrap metal sector. Ferrous and non-ferrous commodities are sourced, processed, and distributed to both domestic and international buyers. Operations encompass collection from various suppliers and delivery through established logistics networks. The companys domain, scrapmetalservices.com, supports online inquiries and transactions. Focus remains on recyclable metals, serving industrial and recycling needs across multiple geographies.

Scrap Metal Services's top competitors include A.Y. McDonald, Sims Metal Management and Metalico.

Scrap Metal Services offers Steel Mill Services, Non-Ferrous and Ferrous Processing, Ship Recycling, and Demolition Waste Recycling.

Scrap Metal Services has 3 investors. Key investors include Bank of America, Wells Fargo, and B. Riley Financial.

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