Ivy Asset Group Provides Growth Capital to Stircor Services for Expansion of Municipal Wastewater Treatment Solutions

Strategic financing enables deployment of advanced biosolid processing technology across multiple facilities

CHARLESTON, S.C.--(BUSINESS WIRE)--Ivy Asset Group, a private credit manager focused on specialty finance and asset-based lending, announced the closing of a senior secured, first-lien equipment finance facility with Stircor Services, a leading provider of municipal wastewater treatment services. The transaction highlights Ivy’s disciplined approach to portfolio management and structured deal origination within the environmental services sector.

The financing enables Stircor’s expansion across multiple operating sites, including an existing facility in Cartersville, Georgia, and a new facility in Orlando, Florida. The company’s proprietary technology provides municipalities with cost-effective biosolid processing solutions that substantially reduce landfill volumes while addressing key environmental challenges such as the treatment and removal of per- and polyfluoroalkyl substances (PFAS) contaminants.

"Ivy is thrilled to provide growth capital that allows Stircor to procure additional state-of-the-art equipment for long-duration biosolid processing projects for municipalities," said Matt Taylor of Ivy Asset Group. "This technology is designed to reduce biosolids in landfills and further eliminate chemicals that are linked to human health problems.”

The partnership supports Stircor’s mission to improve environmental outcomes for communities through innovation in biosolid processing and contaminant removal. The financing underscores Ivy’s strategy of directing capital to essential sectors that advance both economic and ecological resilience.

James Malone, CEO of Stircor Services, added, “Ivy understood the technical and contractual aspects of our business and structured a flexible financing solution tailored to our growth plans. Their partnership-oriented approach allowed us to accelerate deployment in a way traditional lenders could not.”

This transaction reflects Ivy’s investment strategy—partnering with proven operators in essential sectors to structure flexible, asset-based financing that supports sustainable growth and lasting business impact.

About Ivy Asset Group

Headquartered in Charleston, SC, Ivy Asset Group is a private credit firm focused on specialty finance and asset-based lending. Ivy’s investment focus provides financing solutions to companies with strong track records in industries historically less correlated to economic cycles. The company is committed to pursuing strategies aimed at achieving stable returns and managing volatility through capital preservation and strategic diversification. The team of experienced professionals execute proven strategies that drive sustainable growth and exceptional client outcomes.

About Stircor Services

Stircor addresses the need for operators of wastewater treatment facilities to find an economically viable solution for the disposal of biosolids that is safe from regulatory, legal, and environmental concerns. The company’s on-site biosolids processing and gasification as a service bridges the gap between affordability and sustainability for wastewater facility decision-makers looking to improve their methods of biosolid processing.