Business Services

Waste management and recycling services specialist.

Key Facts

Initial Investment: 20/06/2023

Sector: Business Services

Fund: Impact

Status: Current

Strategic Growth Plan

  • Expand the senior management team to provide additional bandwidth and support the growth trajectory of the business
  • Investment in IT systems to improve data and drive operational efficiencies through process automation
  • Undertake a brand position review to better leverage the positive circular economy work that Papilo undertakes
  • Build on the company’s strong ESG and Impact credentials through our market-leading framework, monitoring and reporting outcome tools

Partnership Motivation

Papilo is a proven market leader in developing innovative waste strategies, audits, consultancy and management. The circular economy is also extremely high on our agenda, so we were keen to welcome a company whose mission aligns with our Impact Fund. We are excited to work with such a passionate team with whom we share many common values.

Paul Hodgkiss, CEO of Papilo

Paul has worked within the Waste and Recycling industry for over 23 years and has seen significant changes in technologies, attitudes towards waste and a realisation that things much change. These factors have allowed him and his team to take huge steps forwards within the industry but he understands that there is still a long way to go.

Paul has a strong commitment to sustainability and is dedicated to helping clients find effective solutions to reduce their environmental footprint.

The team at Papilo has significantly grown over the last few years, as well as achieving great results. The investment from Palatine will enable us to multiply our positive impact with new and existing clients, as we aim for a fully circular economy.


We are incredibly driven by what we do and are thrilled to have found an investment partner with the same passion, and that has a track record of both impact investing and a deep commitment to ESG over many years.

Paul Hodgkiss

CEO – Papilo