Reason for acquisition: The company is active in IT hardware refurbishing and wants to grow in Europe via acquisitions, therefore the owners are open to speaking to interested sellers
#CFIE ITB036
Overview of the buyer for an ITAD company in Europe
The enterprise is an assets recovery company whose activity is to provide specialized solutions using second hand, rehabilitated and brand-new equipment. The products that the company deals with are PCs, servers, network and communication equipment, desktop PCs, laptops, storage equipment and any other IT software device. The owners want to expand the business to Europe and want to buy companies with synergies in the field. The company has a substantial amount of funds at their disposal and is willing to pay the necessary price for the right company that has a good management team and good customer base.
Profile (strategy) of the buyer for ITAD company in Europe
The company has around 150 employees with extensive experience in several types of hardware from important IT suppliers such as IBM, Lenovo, Cisco, HP, Dell, Avaya, EMC, NetApp, etc. The company is a computer broker, which means it collects used, old or broken hardware, it tests the devices to see what is not working properly, after which it repairs the components with any malfunction or updates the system with the new requirements. Then the newly renovated device is given back to the company if that is desired or is sold if the owner company has decided it wants the revenue from the equipment. For some customers, it is better to have the old hardware updated with new components since it is cheaper than buying a new one. Other customers may consider it to be more productive to buy new equipment and sell the old one. Whatever the case, the company is tasked with solving the issue and finding the most beneficial offer. Other cases when the company’s service is required occur when manufacturers produce excess stock and when a sales campaign is finished all the material excess is directed to IT brokers. The company provides service anywhere in the world; its long-term experience in this business and international exposure and know-how makes it well suited for finding advantageous computer deals due to its vast knowledge of unique purchasing opportunities worldwide.
The benefits for clients are that they can find the optimum solution regarding price and efficiency. Buying reconditioned hardware is much cheaper than purchasing new equipment. Also, if the customer decides to buy new hardware, any equipment that is in surplus can be sold to the company so customers can reduce their costs associated with the new devices. The company has vast warehouses with many systems and parts which can be sent to customers anywhere. Another advantage is that the company uses recognized data erasure systems such as Blancco to ensure data security by removing and erasing any information and data from the hardware systems. Only after this operation has been completed is the hardware removed from the owner.
Activities and products of the ITAD target company
The company is looking to acquire an enterprise that operates in the same activity and has similar services such as:
Refurbishing computers
Trade-in computing
Rental of computer equipment
Financing solutions for computing
Outsourcing computing to businesses
Highlights of the buyer for ITAD company in Europe
The buyer is a global IT asset disposal company
The company provides solutions for refurbishing and trading old and new IT hardware
The company has a substantial amount of funds and has decided to expand its activities in Europe
The company is looking to buy another company with similar activities and products
Target companies should have a good management team and good customer base
More information on this buyer for ITAD (IT Asset Disposal) company in Europe
Please get in touch if you are interested in learning more about this buyer for ITAD (IT Asset Disposal) company in Europe. For more it services companies for sale please visit the section it services companies for sale. For other it services buyers, please visit the section it services companies wanted. If you are instead interested in ict companies for sale, please visit the ict companies for sale section. For ict buyers, please visit the section ict companies wanted.
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