New Age Cryo is the leader in ethanol plant cleaning services. The company provides industrial cleaning services including hydro, dry ice and sponge blasting services to ethanol plants in the Midwest and Plains states and other industrial customers. New Age Cryo serves approximately 40% of the ethanol plants in its target geographies and is exclusively focused on industrial cleaning which allows them to be innovative with their cleaning solutions.
New Age Cryo is based in Ringwood, Illinois.
Hadley Capital partnered with the brother of NACI’s founder to acquire the business. The two brothers had been managing the business together for several years. The founding brother was ready to retire while the remaining brother wanted to continue to grow and develop the company. By providing liquidity to the founding brother, we were able to meet his needs for retirement while at the same time freeing up the remaining brother to pursue his passion for the business. This has benefited all stakeholders, most particularly the company’s loyal customers and employees.