Closed Loop Partners announced that its private equity group has acquired a majority interest in Sutter Metals, a U.S.-based metals management and recycling company, as part of a strategy to expand domestic processing capacity for high-value metals and critical minerals amid rising demand.
The transaction comes as shifts in regulation and global supply chains increase the importance of localized materials sourcing, particularly for industries such as data centers, aerospace, and advanced manufacturing. Despite the value of recyclable materials, a significant portion of metals still ends up in landfills, highlighting an opportunity to strengthen circular supply chains and improve recovery rates.
Headquartered in the Seattle Tacoma region, Sutter Metals has built a strong regional presence focused on collecting, sorting, and processing metals including aluminum, copper, brass, and stainless steel. The company also handles complementary materials such as aluminum cans and cardboard, supplying high-quality feedstock to mills, foundries, and brokers.
With the backing of Closed Loop Partners, Sutter Metals plans to scale its operations through expanded processing capabilities, geographic growth, and a buy and build strategy supported by mergers and acquisitions. The company’s founder will retain significant ownership and continue to lead the business alongside its existing management team.
The acquisition marks Closed Loop Partners’ entry into metals and minerals circularity within its private equity platform, adding to its broader investment focus across sectors such as packaging, food and agriculture, circular technology, and the built environment. The firm aims to leverage its network of corporate partners and operational expertise to accelerate innovation in recycling and materials recovery.
Sutter Metals will also gain access to Closed Loop Partners’ broader ecosystem, including its investment, innovation, and operating arms, to support expansion into adjacent material streams and serve large enterprise customers seeking sustainable supply chain solutions.
Support: J.P. Morgan Securities LLC served as financial advisor to Closed Loop Partners on the transaction.
KEY QUOTES:
“Sutter Metals has established itself as an experienced and strategically located operator with strong customer relationships and a proven track record to strengthen metals processing and circularity in the U.S. Their platform aligns with our vision at Closed Loop Partners to build resilient, circular supply chains across North America. We are proud to back Sutter Metals in their next phase of growth, as we see significant opportunities to bolster circular metals management processing and services across the value chain. Our investment in metals processing marks a step forward in our work to scale platforms that are fundamental to the circular economy.”
Jackson Pei, Managing Director And Co Head Of Closed Loop Private Equity; Daniel Phan, Managing Director And Co Head Of Closed Loop Private Equity
“For decades, our team has worked to build a trusted, resilient metals management platform that serves generators, manufacturers and communities across the region. Partnering with Closed Loop Partners allows us to accelerate our mission, expand our infrastructure and strengthen domestic metals supply chains at a time when localized processing is critical. We look forward to entering this next chapter with a partner who shares our commitment to operational excellence, environmental stewardship and the circular economy.”
Chad Sutter, Founder And CEO Of Sutter Metals
“Our team at Closed Loop Partners looks forward to supporting Sutter Metals’ expansion, leveraging our network of corporate partners, and advancing scalable solutions that increase domestic processing capacity for critical materials.”
Ron Gonen, Founder And CEO Of Closed Loop Partners
