Greybull Stewardship Acquires Mid-West Textile
The private investment firm plans to expand the textile company's retail footprint.
Updated on Oct. 26, 2026 in Corporate Finance
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Private investment firm Greybull Stewardship has acquired Mid-West Textile, a long-standing recycling and collection company. The deal includes Mid-West Textile's Thrift Town retail operations across Texas and New Mexico.
Why it matters
The acquisition highlights growing interest in the textile recycling industry as a viable commercial sector. Greybull Stewardship aims to leverage its operational support to drive growth within the retail brand.
Founded in 1982, Mid-West Textile maintains a established presence in the recycling market. Financial details regarding the firm's acquisition were not disclosed by the involved parties.
The players
Greybull Stewardship
A private investment firm that provides capital and operational support to portfolio companies.
Mid-West Textile
A textile collection and recycling company that operates the Thrift Town retail brand.
The details
Greybull Stewardship provides capital and operational resources to its portfolio companies to scale business activities. Mid-West Textile currently services thrift retailers, fibre reclamation operators, and industrial wiping cloth suppliers.
Timeline
Mid-West Textile was founded in 1982.
The acquisition was announced on October 26, 2026.
Market Landscape
This acquisition follows the pattern of consolidation seen in the textile recycling industry. It underscores a strategic shift as investment firms capitalize on the growing demand for sustainable fibre reclamation and circular retail models.
Shoppers at Thrift Town locations in Texas and New Mexico should expect the brand to continue operations under new ownership. The firm has signaled intentions to expand the retail footprint, which may increase store availability for customers.
The takeaway
Private equity firms are increasingly targeting niche recycling sectors to scale operations. Consumers can anticipate potential growth and modernization of the retail locations as new management begins their expansion strategy.
Further reading
Learn more about recent trends in Corporate Finance.
Source note: This article includes information reported by Innovation in Textiles.
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