This Day On The Street
Continue to site right-arrow
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
Stocks Under $10 with 50-100% upside potential - 14 days FREE!

Creative Recycling Systems, LLC. And Intersection, LLC. Announce Recapitalization And Strategic Partnership

TAMPA, Fla., April 10, 2012 /PRNewswire/ -- Creative Recycling Systems ("CRS") today announced its recapitalization and strategic partnership with Intersection, LLC. Intersection is bringing capital, industry expertise and business-building acumen that is intended to provide step function growth of CRS. The partnership will be enabled by CRS's strong history in environmental leadership and innovation and will be focused on market expansion, brand recognition, customer partnerships, innovation, operational excellence and overall market awareness of the critical importance of responsible electronics recycling.

Over the last 18 years, Florida-based CRS has been a leader in the development of innovative solutions for electronics products that have reached the end of their useful life with its original owners. CRS supplies small, mid-size and Fortune 100 companies, government agencies, non-profit organizations, educational institutions and concerned citizens with the best technology-based solutions for electronic equipment reuse and recycling. By providing electronic asset disposition management, data security services and by utilizing state-of-the-art processing and separation technology, CRS prevents millions of pounds of electronics from entering the world's landfills each year.

"The Creative Recycling team has dedicated heart and soul over the last 18 years to build a world-class IT asset management and electronics recycling company. We are so excited to partner with the Intersection team to scale our platform globally. Intersection has tremendous relevant experience, will be excellent partners for Creative, and they share a similar passion for excellence in environmental stewardship. Our future together will be rewarding, exciting and fun," said Jon Yob, CRS's CEO.

"We have been exploring, engaging and committing ourselves to the electronics recycling market for quite some time through the collaboration with a true market-making partner. We have found such a partner in CRS and feel privileged to engage in the growth journey with the CRS team," added Rich Rakowski, principal at Intersection.

The strategic partnership was facilitated by Hyde Park Capital Partners, LLC. of Tampa, FL.

About Creative Recycling Systems

Founded in 1994, Creative Recycling Systems is an award-winning global leader in the reuse and recycling of surplus and end-of-life electronics. Working with its worldwide partners, CRS is a pioneer in the development and utilization of state-of-the-art processing and separation technology, including the recovery of rare earth elements found in commercial and consumer electronics. Incorporating cutting-edge technology for the recycling of Liquid Crystal Display (LCD) televisions and monitors, CRS provides the United States with the best solution for the millions of tons of electronics that become obsolete every day. For more information:

About Intersection, LLC.

Intersection, LLC. is a business-building sponsor and partner of companies that operate in the renewable resources and healthcare verticals. Intersection's model is to identify and implement seminal events that drive step-function value creation that enhances valuation metrics/multiple. Intersection was one of the founders of ReCommunity, the nation's largest pure play municipal solid waste recycling company. For more information:


1 of 2

Select the service that is right for you!

Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!


DOW 18,053.71 +23.50 0.13%
S&P 500 2,088.77 +6.89 0.33%
NASDAQ 4,806.8590 +33.3870 0.70%

Brokerage Partners

Rates from

  • Mortgage
  • Credit Cards
  • Auto

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs