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M&A Deal Summary

ITRenew Acquires eSISO

On October 11, 2018, ITRenew acquired technology hardware company eSISO

Acquisition Highlights
  • This is ITRenew’s 1st transaction in the Technology Hardware sector.
  • This is ITRenew’s 1st transaction in the United States.
  • This is ITRenew’s 1st transaction in California.

M&A Deal Summary
Date 2018-10-11
Target eSISO
Sector Technology Hardware
Buyer(s) ITRenew
Deal Type Add-on Acquisition
Advisor(s) Covington Associates (Financial)
DLA Piper (Legal)

Target

eSISO

La Verne, California, United States
eSISO, Inc. engages in the remarketing, remanufacturing and value creation of retired enterprise assets. Founded in 1992, eSISO has been an important part of the circular economy by connecting major IT asset disposition (”ITAD”) companies with all sizes of VARs, OEMs, ODMs and end users. Since inception, eSISO has delivered superior returns to ITAD partners by providing a wide selection of strategic products and expansive supply-chain capabilities with an emphasis on best in class customer service to its downstream partners.

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Buyer(S) 1

Buyer

ITRenew

Newark, California, United States
Category Company
Founded 2000
Sector Information Technology
DESCRIPTION

ITRenew is a provider of IT lifecycle management services, including data center decommissioning, data erasure and security services. The Company’s technology-driven approach streamlines traditional data center decommissioning processes to deliver superior data and asset security, value recovery and IT sustainability. ITRenew was founded in 2000 and is based in Newark, California.

DEAL STATS #
Overall 2 of 2
Sector: Technology Hardware M&A 1 of 1
Type: Add-on Acquisition M&A Deals 2 of 2
State: California M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2018 M&A 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2018-06-11 Splitted-Desktop Systems SAS

Saint-Aubin, France

Splitted-Desktop Systems SAS is an engineering firm focused on the design of computer and datacenter infrastructure utilizing Open Compute and open source technologies. Splitted-Desktop Systems wa founded in 2006 and is based in Saint-Aubin, France.

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