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  6. DMD Systems Recovery Acquires Basket Materials

M&A Deal Summary

DMD Systems Recovery Acquires Basket Materials

On November 1, 2024, DMD Systems Recovery acquired business services company Basket Materials

Acquisition Highlights
  • This is DMD Systems Recovery’s 1st transaction in the Business Services sector.
  • This is DMD Systems Recovery’s 1st transaction in the United States.
  • This is DMD Systems Recovery’s 1st transaction in California.

M&A Deal Summary
Date 2024-11-01
Target Basket Materials
Sector Business Services
Buyer(s) DMD Systems Recovery
Deal Type Add-on Acquisition

Target

Basket Materials

Palo Alto, California, United States
Basket Materials optimizes the recovery of assets and materials for our customers and the planet. The R2v3 certified facility allows companies and consumers to securely get their end-of-life assets back into the supply chain for reuse or recycling. Basket Materials is based in Palo Alto, California.

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Buyer(S) 1

Buyer

DMD Systems Recovery

Tempe, Arizona, United States
Category Company
Founded 1996
Sector Information Technology
DESCRIPTION

DMD Systems Recovery is an end-to-end IT asset disposition (ITAD) solutions provider serving enterprises worldwide. The company follows a Reuse First™ approach and holds industry certifications to ensure compliance, sustainability, and maximum customer ROI. DMD Systems Recovery was formed in 1996 and is headquartered in Tempe, Arizona.

DEAL STATS #
Overall 1 of 1
Sector: Business Services M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
State: California M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2024 M&A 1 of 1
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