March 2025
CleanPlanet
Canaccord Genuity has Advised CleanPlanet Chemical (”CleanPlanet”) on its Growth Equity Investment from Nuveen Private Equity Impact
Canaccord Genuity is pleased to announce that it advised CleanPlanet Chemical (“CleanPlanet”), a leading provider of recycling-as-a-service for industrial solvents, on the close of its $30 million growth equity investment from Nuveen, the $1.3 trillion asset manager of TIAA, within its Private Equity Impact group.
Founded in 2012, CleanPlanet aligns with Nuveen's private equity impact strategy by providing a sustainable alternative to traditional solvent disposal methods, serving industries such as flexible packaging, coatings, automotive and chemicals among many others. CleanPlanet's on-site solution significantly reduces waste and emissions while lowering costs for customers. In 2024, CleanPlanet recycled more than 15 million pounds of solvent waste, saving customers millions of dollars in costs and avoiding over 36,000 tons of greenhouse gas emissions. Currently, the company has hundreds of units in operation across various industries and geographies.
The investment, made by Nuveen’s Private Equity Impact team, will support CleanPlanet’s strategic growth initiatives and this capital will accelerate CleanPlanet’s plans to scale its proprietary on-site recycling technology.
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