Home breadcru News breadcru Announcement breadcru Buckhill Capital invests in The Renewal Workshop

Buckhill Capital invests in The Renewal Workshop

11 Jun '18
1 min read
Courtesy: The Renewal Workshop
Courtesy: The Renewal Workshop

In an equity round with other investors, including Gratitude Railroad, San Francisco based Buckhill Capital LP has invested in Oregon based The Renewal Workshop. The Renewal Workshop provides a circular economic system that generates additional revenues for the apparel industry and improves resource efficiency by reducing waste, water and energy consumption.

The Renewal Workshop, founded by Jeff Denby and Nicole Basset, recovers and renews apparel, so it can be resold. Headquartered in Cascade Locks, Oregon, the company contracts with brands and retailers in the apparel industry to ship damaged product and unsellable returns to Renewal Workshop to be refurbished. The clean and repaired products are then shipped back to brand or retailer to be sold.  The Renewal Workshop also sells apparel direct to consumers.

Founded in 1999 by Henrik Jones, Buckhill Capital LP invests in companies focused on efficient use of resources, education, and healthy communities. Buckhill has made over 60 direct investments and over 20 fund investments in private equity, real estate and opportunistically in alternative assets.

Founded with Gratitude Railroad in 2017, Buckhill Credit LLC makes private loans to companies growing with a mission. (RKS)

ALCHEMPro News Desk – India

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