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Global Resale Acquires Tech Trade Partners

Jan 04, 2022•over 3 years ago

Acquiring Company

Global Resale

Acquired Company

Tech Trade Partners

Sales And MarketingSoftwareCommerce And Shopping

Description

Global Resale, LLC ("The Company"), a leading global provider of lifecycle solutions for technology assets, announced today that it has agreed to acquire Tech Trade Partners ("Tech Trade"), a privately-held company specializing in the acquisition, refurbishment, repair, resale and proper disposition of pre-owned and off-lease IT equipment. Terms of the transaction were not disclosed.

Company Information

Company

Global Resale

About

Global Resale is a leading provider of lifecycle management solutions for technology assets. We turn the complex asset recovery process into convenience for our blue-chip partners, maximizing value recovery and minimizing risks while helping achieve their ESG goals. We utilize our expertise and advanced capabilities to refurbish over 99% of the assets processed. For more information please visit www.globalresale.com.

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