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Industrial Lithium-Ion Recycling Solutions sector

Strategic acquirers, private equity (buyout funds and growth funds) firms, and valuation benchmarks for Industrial Lithium-Ion Recycling Solutions

1.1 - About Industrial Lithium-Ion Recycling Solutions sector

Companies in the Industrial Lithium-Ion Recycling Solutions category engineer and operate technologies to collect, discharge, dismantle, and process end‑of‑life lithium‑ion batteries into recoverable, battery‑grade materials. These firms, often viewed as strategic buyers in lithium‑ion battery recycling, enable safe, compliant conversion of spent cells and packs into valuable commodities—supporting closed‑loop supply chains, reducing hazardous waste, and strengthening domestic availability of critical minerals such as lithium, nickel, cobalt, and graphite.

Providers typically deliver automated pack and cell disassembly robotics that safely de‑energize batteries, followed by thermal pre‑treatment, shredding, and mechanical separation to create black mass. They deploy hydrometallurgical leaching with solvent extraction to recover lithium, nickel, cobalt, and graphite, and may use pyrometallurgical refining for specific streams. Advanced purification and crystallization produce battery‑grade salts, while compliance and chain‑of‑custody software, collection logistics, and fire‑suppression systems round out end‑to‑end solutions.

They serve EV OEMs and battery manufacturers, energy storage operators and utilities, and waste management and recycling firms. Outcomes include securing domestic supplies of critical materials, reducing input costs through high‑yield recovery, meeting regulatory and ESG requirements, and lowering hazardous waste and fire risk. Buyers also gain improved circularity and traceable closed‑loop material flows that stabilize procurement and support qualification for battery‑grade reuse in new cathode and anode production.

2. Buyers in the Industrial Lithium-Ion Recycling Solutions sector

2.1 Top strategic acquirers of Industrial Lithium-Ion Recycling Solutions companies

Redwood Materials Logo

Redwood Materials

HQ: United States Website
  • Description: Provider of integrated battery recycling, refining and materials production services that localize the battery supply chain, deliver low-cost large-scale energy storage, and manufacture U.S.-made battery materials reclaimed from end-of-life batteries.
  • Key Products:
  • Battery Materials Production: Tahoe and Carolina campuses refine recycled feedstock into battery materials targeting 100 GWh annual output, enough for more than one million electric vehicles
  • Battery Recycling & Refining Service: Integrated reuse, recycling and refining operations recover valuable metals from end-of-life batteries, returning them to the domestic supply chain
  • Consumer Battery Recycling Program: Nationwide initiative that enables individuals to send in used lithium-ion devices for responsible recycling and material recovery
  • Redwood Energy Storage Systems: Fast, low-cost stationary storage solutions announced to power AI workloads and a changing electric grid with reclaimed battery materials.
  • Company type: Private company
  • Employees: ●●●●●
  • Total funding raised: $●●●m
  • Backers: ●●●●●●●●●●
  • Acquisitions: ●●
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2.2 - Strategic buyer groups for Industrial Lithium-Ion Recycling Solutions sector

M&A buyer group 1: Lithium Ion Batteries

17 companies View group →
Description: Companies in the Enterprise Lithium Ion Battery Systems category design and manufacture lithium‑ion cells, modules, and integrated packs, plus battery management and safety systems for mobility and stationary storage. They supply OEMs and system integrators with high energy density, reliable, and certified solutions optimized for lifecycle performance and cost per kWh, enabling EV platforms and grid storage assets to meet stringent range, uptime, and compliance requirements.
Electrovaya

Electrovaya

Website HQ: Canada
  • Type: N/A
  • Employees: ●●●●●
  • Description: Provider of lithium-ion battery technology developing Infinity Battery cells and systems that use proprietary ceramic separators and NMC chemistry, plus emerging solid-state batteries. Its UL-certified solutions deliver industry-leading safety and cycle life for industrial equipment and other electrification applications.
  • Key Products:
  • Infinity Battery Cells: Ceramic-separator NMC lithium-ion cells featuring high-quality electrodes, optimized electrolyte and high-temperature capability for safer operation and extended cycle life
  • Infinity Battery Systems: UL-certified low- and high-voltage battery packs with proprietary ceramic separators delivering industry-leading safety and third-party-validated highest cycle life for industrial vehicles and equipment
  • Solid-State Battery Technology: Development platform combining lithium metal anode and high-performance NMC cathode to create next-generation solid-state batteries with enhanced energy density and safety
  • Infinity Battery Technology Platform: Integrated cell, separator and BMS technologies backed by 100+ patents, enabling batteries capable of over 3 million mile equivalent life and supporting the energy transition.
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Key Products: ████████, ████████, ████████, ████████
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Buyer group 3: ████████ ████████

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3. Investors and private equity firms in Industrial Lithium-Ion Recycling Solutions sector

3.1 - Buyout funds in the Industrial Lithium-Ion Recycling Solutions sector

Buyout Funds investing in Industrial Lithium-Ion Recycling Solutions companies

51+ funds
Description: Buyout funds focused on Industrial Lithium-Ion Recycling Solutions companies globally.

IK Partners

Website HQ: United Kingdom
  • Type: Buyout
  • Fund Size: $●●●m
  • Investment Range: $●●-●●●m
  • Focus: Technology companies in Industrial Lithium-Ion Recycling Solutions
  • Relevant M&A transactions / similar portfolio companies:
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2.2 - Strategic buyer groups for Industrial Lithium-Ion Recycling Solutions sector

Growth Equity Funds in Industrial Lithium-Ion Recycling Solutions companies

41+ funds
Description: Growth equity funds focused on Industrial Lithium-Ion Recycling Solutions companies globally.

Idinvest Partners

Website HQ: France
  • Type: Growth
  • Fund Size: $●●●m
  • Investment Range: $●●-●●●m
  • Focus: High-growth companies in Industrial Lithium-Ion Recycling Solutions
  • Relevant investments / similar portfolio companies:
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4 - Top valuation comps for Industrial Lithium-Ion Recycling Solutions companies

4.2 - Public trading comparable groups for Industrial Lithium-Ion Recycling Solutions sector

Valuation benchmark group 1: Metals Mining and Processing Companies

11 companies View group →
Description: Companies in this public trading comparables group are integrated metals miners and processors that extract, refine, and manufacture base, precious, and specialty metals. Revenue is primarily from sales of refined metals and semi-finished products across steel, aluminum, copper, and high-performance alloys. They are comparable due to commodity exposure, capital-intensive operations, vertically integrated supply chains, and similar pricing, volume, and margin dynamics.
Zijin Mining logo

Zijin Mining

  • Enterprise value: $●●●m
  • Market Cap: $●●●m
  • EV/Revenue: ●.●x
  • EV/EBITDA: ●●.●x
  • Description: Provider of mining services, including the exploration and extraction of various metals such as copper, gold, zinc, lithium, silver, and molybdenum, with operations extending across multiple countries. The company focuses on technological innovations and sustainable practices to manage and optimize mining operations.
  • Key Products:
  • Metal Exploration: Exploration and extraction of metals such as copper, gold, zinc, lithium, silver, and molybdenum
  • Mined Copper Production: Significant yearly increases in mined copper output
  • Gold Extraction: Production of gold positioning as a leading global company
  • Zinc Operations: Production increases and future expansion plans
  • Lithium Sector Investment: Investing in lithium exploration in various regions.
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Revenue growth
Median
15.7%
2025E
16.0%
2026E
EBITDA margin
Median
28.2%
2025E
28.6%
2026E
Cash EBITDA margin
Median
27.6%
2025E
28.0%
2026E
EV/Revenue
Median
8.4x
2025E
6.8x
2026E
EV/EBITDA
Median
28.9x
2025E
24.4x
2026E
EV/Cash EBITDA
Median
29.0x
2025E
25.5x
2026E
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4.3 - M&A Transactions in the Industrial Lithium-Ion Recycling Solutions sector

Selected M&A transactions

Date Target Description Buyer(s) Relevance EV EV/Revenue EV/EBITDA
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Frequently Asked Questions

Buyers & Acquirers in Industrial Lithium-Ion Recycling Solutions sector

Who are the top strategic acquirers of Industrial Lithium-Ion Recycling Solutions companies?

Top strategic buyers in this sector include Redwood Materials, a provider of integrated battery recycling, refining and materials production services that localize the battery supply chain, deliver low-cost large-scale energy storage, and manufacture u.s.-made battery materials reclaimed from end-of-life batteries. .

Which buyer groups are most relevant for Industrial Lithium-Ion Recycling Solutions companies?

Relevant strategic buyer groups similar to the Industrial Lithium-Ion Recycling Solutions sector include Lithium Ion Batteries because they share similar customer segments and product capabilities.

Financial Investors in Industrial Lithium-Ion Recycling Solutions sector

Which are the top PE firms investing in Industrial Lithium-Ion Recycling Solutions companies?

Potential investors in the broader Industrial Lithium-Ion Recycling Solutions space include Idinvest Partners and IK Partners.

Who are the top buyout funds acquiring Industrial Lithium-Ion Recycling Solutions companies?

Active PE funds and buyout funds acquiring companies in the Industrial Lithium-Ion Recycling Solutions space include IK Partners.

Who are the top growth equity funds investing in Industrial Lithium-Ion Recycling Solutions companies?

Growth funds investing in the broader Industrial Lithium-Ion Recycling Solutions sector include Idinvest Partners.

Valuation of Companies in Industrial Lithium-Ion Recycling Solutions sector

Which are the key public companies that are relevant trading comps for Industrial Lithium-Ion Recycling Solutions companies?

Key trading comparable groups include Zijin Mining, a provider of mining services, including the exploration and extraction of various metals such as copper, gold, zinc, lithium, silver, and molybdenum, with operations extending across multiple countries. the company focuses on technological innovations and sustainable practices to manage and optimize mining operations..

Which are the key trading comparable groups for Industrial Lithium-Ion Recycling Solutions companies?

Similar trading comparable companies include Metals Mining and Processing Companies. Our platform tracks detailed trading comparable groups in the Industrial Lithium-Ion Recycling Solutions sector with complete valuation multiples, growth metrics, and profitability data. Access the full database to benchmark your company against relevant public comparables.

What are recent M&A transactions in the Industrial Lithium-Ion Recycling Solutions sector?

Our platform tracks M&A transactions in the Industrial Lithium-Ion Recycling Solutions sector with complete deal terms, valuation multiples, and strategic rationale. Access the full database to benchmark pricing and identify active acquirers.

What are recent capital raises and funding rounds in Industrial Lithium-Ion Recycling Solutions?

Access recent funding rounds in the Industrial Lithium-Ion Recycling Solutions sector including growth equity, venture capital, and buyout investments. Our database includes round size, lead investors, valuations, and use of proceeds.

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