Transaction overview
Glisco Partners and Orion Infrastructure Capital have invested in Pac Tell Group, Inc., d/b/a USFibers, a recycler and producer of precision polyester staple fibers based in Trenton, South Carolina. Founded in 1994, USFibers operates as the largest vertically integrated recycler and manufacturer of its kind in the United States, specializing in closed-loop recycling capabilities that divert post-industrial and post-consumer PET waste from landfills into high-quality fiber products used across various industries including automotive, geotextile, filtration, flooring, technical textiles, and home furnishings.
Deal structure and financing
TM Capital acted as the exclusive financial advisor to USFibers in this strategic investment transaction. While the specific deal value and equity/debt split are undisclosed, the involvement of Glisco Partners and Orion Infrastructure Capital suggests a structured approach to capital deployment aimed at supporting growth initiatives. Glisco Partners, with over 20 years of experience investing across North America, brings operational expertise alongside its capital commitments, while Orion Infrastructure Capital's $6.5 billion in assets under management provides scalable financial support tailored for USFibers' expansion ambitions.
Strategic context
USFibers' strategic investment by Glisco Partners and Orion Infrastructure Capital reflects the companies' shared commitment to sustainable practices within industrial goods manufacturing. The acquisition of a stake in USFibers allows both investors to capitalize on the growing demand for recycled materials, particularly in markets focused on sustainability and waste reduction. For Teddy Oh's management team at USFibers, this investment represents an opportunity to deepen their presence in existing market segments while exploring new value-added services that leverage their unique recycling capabilities.
Regulatory path
Given the undisclosed nature of key transactional details such as deal value and jurisdiction-specific filings, no specific regulatory actions or reviews have been announced. The involvement of financial advisors like TM Capital indicates adherence to standard due diligence processes likely including consultations with relevant authorities in the United States and potentially Mexico given Glisco Partners' base. Any necessary antitrust reviews would focus on potential market impacts within USFibers’ current operations, particularly concerning its recycling and manufacturing activities in textiles and automotive components.