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Sage Sustainable Electronics completes acquisition of Relectro to expand electronics recovery services

Oct 21, 2024•9 months ago

Acquiring Company

Sage Sustainable Electronics

Acquired Company

Relectro

PennsylvaniaMobile

Description

Sage Sustainable Electronics, a portfolio company of Closed Loop Partners, has completed the acquisition of Relectro, a national provider of electronics repair, refurbishment, and logistics services. This acquisition aims to expand Sage's offerings into repair services, providing a comprehensive suite of solutions to keep more devices in circulation and advance a circular economy for electronics.

Company Information

Company

Sage Sustainable Electronics

About

Sage Sustainable Electronics, based in Columbus, Ohio also has a plant in Reno, Nevada. Founded in 2014, co-founders, Bob Houghton and Jill Vaské, are ITAD sustainability pioneers. As founders of Redemtech, their first venture, they defined best practices for the ITAD industry in security, asset management, and responsible recycling—including foundational support for the e-Stewards Certification program, the Microsoft Authorized Refurbisher program, and the Coalition for American Electronics Recycling. When they founded Sage in 2014, their combined ITAD expertise and unwavering commitment to environmental sustainability resulted in an ITAD company designed with sustainability at the forefront. Their mission is to serve the following (and in this order): the planet, customers, colleagues, communities, suppliers, and shareholders. For interviews contact

M&A Insights

Based on deal data
Integration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed