New EcoCampus co-owners, John Gabler β14, Michael Hendricks β14, Cameron Borriello β14, and Robbie Nicholas β14, deliver paper made from sugarcane waste to Case Geyer Library. Photo by Gabriela Bezerra β13.
EcoCampus, the company that was created by two ΄σΟσ΄«Γ½ students to sell environmentally-friendly paper on campus, has found another way to be βsustainable.β
Seniors Ryan Smith β13 and Brendan Karson β13 have sold their company to four juniors, turning the EcoCampus into what may be ΄σΟσ΄«Γ½βs first student legacy business. They developed EcoCampus over the past three years with alumni guidance through ΄σΟσ΄«Γ½βs (TIA) program.
Smith and Karson sold the company to their Theta Chi fraternity brothers Robert Nicholas β14 of Berwyn, Pa., John Gabler β14 of Fort Collins, Colo., Cameron Borriello β14 of Sterling, Mass., and Michael Hendricks β14 of Saint Charles, Mo.
While the sale price was not disclosed, Smith and Carson said they earned a 28 percent profit on their initial investment.
βStarting and running my first company in college was as much about learning as it was about turning a profit,β said Smith, who plans to work in real estate after graduation. βWe believed was ultimately more important as a fixture at ΄σΟσ΄«Γ½ University for budding entrepreneurs, rather than as an ongoing post-graduate company.β
Borriello β14 and Hendricks β14, two of four new co-owners of EcoCampus, help deliver paper recently to Case Library. Photo by Gabriela Bezerra β13.
Karson, who plans to enter the energy finance industry after graduation, said his time with EcoCampus taught him βhow to make a connection beyond the product, and really get to know his clients.β
TIA co-founder Andy Greenfield β74 Pβ12 praised EcoCampus as a model of success for the extracurricular program that links liberal arts learning to entrepreneurial skill development. βThey traveled a long way,β Greenfield said, βsince the initial TIA project of using kenaf to make paper almost three years ago. They overcame adversity, dealt with many challenges, and solved almost every problem they encountered.β
New co-owner Nicholas said he and his partners plan to do as much with the company as they can in the time they are still on campus. βWe bought it because it already had well-established client connections, and we saw substantial potential to grow the company,β he said. βOur new website, , combined with guaranteed next-day delivery, will offer our clients a customer service experience that larger distributors cannot match when dealing with ΄σΟσ΄«Γ½.β
EcoCampus currently supplies Case and Cooley libraries, two of ΄σΟσ΄«Γ½βs largest paper users; however many smaller departments still order tree-based paper from other vendors.
Co-owner Hendricks said they, too, plan to pass the business on. βAll things considered, it makes the most sense for us to keep EcoCampus as a legacy business,β he said. βThereβs no telling what is in store for us after graduation, so the prospect of maintaining the company while living in different parts of the country is a lofty one.β