IT Data destruction company in Europe for sale

• Revenue: > 4M EUR
• Employees: > 12
• Location of the IT Data destruction company: Europe
• Reason for sale: The owners want to grow the company in Europe, therefore are looking to talk to interested investors
• #CFIE ITS474

The company for sale has been operating in the sector of IT data destruction for more than 10 years. Its activity is a combination between IT brokerage and IT Asset Disposal. The company partners some of the largest leasing companies and banks in the Western Europe. The business grew each year, earning has had ups and down, but in recent years the revenue and earnings have grown firmly with about 600.000 Euro per year. In the present the revenue is above 4M Euro with an improved margin of profitability. The company is getting a better and better foothold on the market with the leasing companies. It is also trying to build up a business on side for distribution of software packages. The management is looking for interested buyers that are able to support the company in its growth. Potential buyers could be companies with similar activities that want to expand the business in the European market or IT companies that are looking to add more services and products in their offering.

The company is an IT provider that trades, leases and rents new or used IT hardware, medical equipment and IT consumer devices. It helps also its clients to safely destroy and store their data. The enterprise specializes in all types of IT hardware and medical equipment and is working with a wide range of top IT manufacturers such as Cisco, Dell, HP, IBM, EMC, HITACHI, Dräger and many more. It has midrange and high-end products within servers, storage, networking and spare parts. The team distributes IT assets to datacentres, resellers, maintenance parties and final users. It has the experience and the capability to offer on-site configuration and testing of all types of IT and medical equipment. The business model is based on the concept of re-utilizing existing technology supplies and to extend the lifetime of equipment in order to resell it. The company provides comprehensive, cost-effective service to completely and safely retire used equipment and recover value from assets that remain marketable.

Data security is a main concern of IT departments when choosing an ICT assets disposal partner. The company range of services includes all the phases from collecting the hardware at the client’s site, formatting and data shredding – to recycling. For companies that need wiping their hard drives, the company can provide data erasure & shredding services by using certified disk erasure software solutions. The method is secure, cost-effective and eco-friendly. Recycling services are offered based on the following steps: removal of dangerous fractions, fragments recycling (including metal recovery), plastic material recovering and sorting. Everything is done ensuring the highest possible recycling rate, the highest possible environmental considerations and the best possible quality. The old equipment is managed through Stock and Pickup services which include logistical arranging of pickup, uninstallation of hardware, collecting hardware, packing and storing.

The company for sale delivers the following services:

• Data Destruction
• IT Asset Disposal
• Hardware Maintenance
• Equipment (including medical) Evaluation & Renting & Leasing
• Asset Uninstallation & Resale
• Parts Replacement
• Technical Assistance

• The company is a provider of IT Asset Disposal and Data Destruction
• The company has developed a robust network of technology partners
• The company grows strongly each year
• The owners are looking to talk with potential investors that are interested to grow the business in Europe