NEWS & INSIGHTS

Freestone Announces Closing of Growth Financing for Momentum Technologies

DALLAS – December 15, 2021 – Freestone HoldCo, LLC (“Freestone”), a portfolio company of Tailwater Capital LLC (“Tailwater”), today announced that it has signed definitive agreements to lead a $20 million investment in Momentum Technologies (“Momentum” or the “Company”), a Dallas-based lithium-ion battery and rare earth permanent magnet recycling company. Founded in 2016, Momentum installs and operates recycling plants for its customers at a wide range of capacities using its patented modular, scalable recycling technology, Membrane Solvent Extraction (“MSX”). MSX extracts high-purity metals from electronic or battery waste at industry-leading

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