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Benchmark International Successfully Facilitated the Transaction of Capitol Plastics Recycling Inc and Triumvirate Environmental

May 12, 2026

Benchmark International is pleased to announce the successful transaction between Capitol Plastics Recycling Inc. and Triumvirate Environmental.

Capitol Plastics Recycling Inc., headquartered in Halifax, NC, is an industrial plastics recycler offering sortation, compaction, size reduction, and pelletizing services. The company reprocesses and recycles engineered and commodity plastics in all forms. It has two processing plants and a dedicated transportation fleet to support its recycling operations. Through its commitment to sustainability and innovation, Capitol Plastics Recycling Inc. has established itself as a trusted partner within the recycling and environmental services industry.

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Triumvirate Environmental, headquartered in Somerville, MA, is a leading provider of environmental services specializing in waste management, environmental compliance, recycling, and sustainable solutions for clients across a variety of industries. The acquisition of Capitol Plastics Recycling Inc. strengthens Triumvirate Environmental’s recycling capabilities and expands its ability to deliver comprehensive environmental solutions to its growing customer base.

The transaction represents a strategic opportunity for Triumvirate Environmental to further enhance its service offerings and geographic reach while positioning Capitol Plastics Recycling Inc. for continued growth under experienced environmental industry leadership.

“We knew that Capitol Plastics would garner very high interest quickly when on the market,” said William Sullivan, Managing Director at Benchmark International. “Benchmark is pleased to have run a thorough process, to include both strategic and PE buyers, to get our client the best and highest value for his company. We wish Capitol Plastics' President Pete Roy the best going forward, and we congratulate the Triumvirate. Environmental team on a great acquisition." 

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