Simpson Thacher represented global investment firm CIM Group, L.L.C. (“CIM”) with respect to the recapitalization of Bolder Industries, LLC (“Bolder”). Funding is being provided by Tiger Infrastructure Partners and will support the construction of new facilities in the United States and Europe to meet the worldwide demand for waste conversion, supply chain sustainability, and closed loop solutions.
Bolder is a circular-economy infrastructure that is a first mover in meeting a critical market need for sustainable materials for the rubber, plastic, and petrochemical industries.
CIM Group is a community-focused real estate and infrastructure owner, operator, lender, and developer.
The Simpson Thacher team included Shamus Crosby, Mark Kunzman, Gavin Jaco, and Charles Ritger (Corporate); Benjamin Rippeon (Tax); Nicholas Baker (Credit); and Steven DeLott (Insurance).