Closed Loop Partners Acquires Metal Processor Sutter Metals

The purchase supports Sutter Metals' growth by expanding its processing capabilities and geographic reach within the U.S.

Mar. 31, 2026 at 5:50pm

Got story updates? Submit your updates here. ›

A high-end studio photograph featuring a polished aluminum ingot, copper wire coil, and stainless steel scrap piece arranged elegantly on a clean, monochromatic background, conceptually representing the circular economy in the metals industry.A premium metals recycling company's acquisition signals growing demand for domestic processing capabilities to support the circular economy.Lacey Today

Closed Loop Partners, a New York-based circular economy investment firm, has acquired a majority stake in Sutter Metals, a regional metal processing company based in Tacoma, Washington. The partnership aims to support Sutter Metals' growth by expanding its processing capabilities and geographic reach within the U.S. as shifts in regulation and global supply chains increase domestic demand for metals and critical mineral processors.

Why it matters

This acquisition represents Closed Loop Partners' entry into the metals and minerals circularity sector, aligning with their vision to build resilient, circular supply chains across North America. It also highlights the growing demand for domestic metal processing capabilities as global supply chains face disruptions.

The details

Sutter Metals, founded in 2009 as a vendor of used auto parts, has since grown to provide metals management solutions, including scrap metals management and recycling services to local communities and national commercial vendors. The company processes a variety of materials, such as large metal equipment from aerospace, automotive, and electronics industries, as well as aluminum cans, cardboard, and other recovered commodities. With Closed Loop Partners' support, Sutter Metals will pursue a buy-and-build strategy to expand its infrastructure and strengthen domestic metals supply chains.

  • Sutter Metals opened its doors in 2009.
  • Closed Loop Partners acquired a majority stake in Sutter Metals in March 2026.

The players

Closed Loop Partners

A New York-based circular economy-focused investment firm that has acquired a majority stake in Sutter Metals.

Sutter Metals

A regional metal processing company based in Tacoma, Washington, that focuses on collecting, sorting, and processing metals for remanufacturing.

Chad Sutter

The CEO of Sutter Metals, who will maintain significant equity ownership and alignment in the next stage of the company's growth.

Jackson Pei

The managing director and co-head of Closed Loop Private Equity.

Daniel Phan

The managing director and co-head of Closed Loop Private Equity.

Got photos? Submit your photos here. ›

What they’re saying

“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.”

— Jackson Pei, 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, CEO of Sutter Metals

“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.”

— Daniel Phan, Managing Director and Co-Head of Closed Loop Private Equity

What’s next

Closed Loop Partners and Sutter Metals plan to pursue a buy-and-build strategy supported by an active M&A pipeline to further expand Sutter Metals' processing capabilities and geographic reach within the U.S.

The takeaway

This acquisition highlights the growing importance of domestic metal processing capabilities as global supply chains face disruptions, and it aligns with Closed Loop Partners' mission to build resilient, circular supply chains across North America.