M&A Deal Summary

HYLA Mobile Acquires ReCellular

On December 1, 2013, HYLA Mobile acquired business services company ReCellular for 3M USD

Acquisition Highlights
  • This is HYLA Mobile’s 1st transaction in the Business Services sector.
  • This is HYLA Mobile’s largest (disclosed) transaction.
  • This is HYLA Mobile’s 1st transaction in the United States.
  • This is HYLA Mobile’s 1st transaction in Michigan.

M&A Deal Summary
Date 2013-12-01
Target ReCellular
Sector Business Services
Buyer(s) HYLA Mobile
Deal Type Add-on Acquisition
Deal Value 3M USD

Target

ReCellular

Ann Arbor, Michigan, United States
ReCellular, Inc. is an e-waste company providing solutions for the collection, refurbishment, re-use and recycling of used mobile phones and personal electronics.

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Buyer(S) 1

Buyer

HYLA Mobile

Irving, Texas, United States
Category Company
Founded 2009
Sector Internet Software and Services
DESCRIPTION

HYLA Mobile is a provider of products and services that capture, extend, and optimize the life and value of used mobile phones. HYLA has worked to develop technology and solutions that extend the lifecycle of mobile devices to build economic opportunity and enable information access for new users while helping to protect our planet. HYLA Mobile was founded in 2009 and is based in Irving, Texas.

DEAL STATS #
Overall 1 of 1
Sector (Business Services) 1 of 1
Type (Add-on Acquisition) 1 of 1
State (Michigan) 1 of 1
Country (United States) 1 of 1
Year (2013) 1 of 1
Size (of disclosed) 1 of 1
Mergr

Product

Company

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