Ron Gonen built the largest privately held recycling and composting company in America largely in secret. For five years, his team acquired family-owned recycling operations across the country. When Circular Services finally surfaced two years ago — 35 facilities, municipal contracts in New York, Charlotte, Austin, San Antonio, and Phoenix — the industry's reaction was: wait, they did what?
That's one piece of what Closed Loop Partners does. The company Gonen founded after serving as Mayor Bloomberg's Recycling Czar is built around a single thesis: the circular economy needs infrastructure. To build it, Closed Loop operates across three businesses: an asset management business with funds across venture, private equity, and credit; an advisory arm that works with corporations to redesign their supply chains; and Circular Services, the physical infrastructure that processes material and feeds it back in.
His argument isn't environmental. It's economic. The global supply chains built over the last 60 years made sense under conditions that no longer exist. The businesses that figure out how to use what the economy throws away as their primary input aren't just the future. They're already winning.
Show Notes
Guest:
Ron Gonen, Founder & CEOCompany:
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