GEF Capital Partners, a private equity firm, has purchased Lifecycle Renewables, a provider of renewable heating oil.
Lifecycle Renewables collects used cooking oil and processes it into renewable heating oil.
“We are excited to partner with GEF Capital in this next phase of development for Lifecycle Renewables,” said Rory Gaunt, founder of Lifecycle Renewables. “As our clients seek to expand their use of renewable biofuels, Lifecycle stands ready to support them. The investment from GEF Capital will help the company continue to scale to meet an increasingly diverse set of customers looking for solutions to meet their carbon emissions goals”.
Boenning & Scattergood served as financial advisor to Lifecycle Renewables and WindSail Capital Group, Lifecycle Renewables’ financial partner.