M&A Deal Summary

ReMarkets Acquires Tech TradeTech Trade Partners

On January 4, 2022, ReMarkets acquired business services company Tech TradeTech Trade Partners

Acquisition Highlights
  • This is ReMarkets’ 2nd transaction in the Business Services sector.
  • This is ReMarkets’ 1st transaction in the United States.
  • This is ReMarkets’ 1st transaction in Illinois.

M&A Deal Summary

Date 2022-01-04
Target Tech TradeTech Trade Partners
Sector Business Services
Buyer(s) ReMarkets
Deal Type Add-on Acquisition

Target

Tech TradeTech Trade Partners

Oswego, Illinois, United States
Tech Trade Partners specializes in the acquisition, refurbishment, repair, resale, and proper disposition of pre-owned and off-lease IT equipment. Tech Trade's services and solutions enable organizations to optimize their IT budgets and lifecycles by acquiring high-quality pre-owned equipment, while also helping lessors and corporations recover maximum value from their end-of-use inventory. Tech Trade Partners is based in Oswego, Illinois.

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Buyer(S) 1

Buyer

ReMarkets

Austin, Texas, United States

Category Company
Sector Information Technology
DESCRIPTION

ReMarkets is a provider of lifecycle management solutions for technology assets. The Company provides customers with quality, certified equipment that has been rigorously tested, inspected, and refurbished in our certified facilities. ReMarkets sources high-quality systems, parts, and components directly from manufacturers and service providers to provide the best quality and consistency of inventory. Its rigorous asset recovery process is designed to return products to "like new" condition, ensure the performance and security of the refurbished devices, and guarantee customer satisfaction. Remarkets is based in Austin, Texas.


DEAL STATS #
Overall 2 of 2
Sector: Business Services M&A 2 of 2
Type: Add-on Acquisition M&A Deals 2 of 2
State: Illinois M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2022 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2020-03-20 CFA Trading

Poole, United Kingdom

CFA Trading Ltd. is a Microsoft Authorized Refurbisher (MAR) in Europe, and refurbishes, repairs, and upgrades computers, mobile devices, and other IT assets. The main principals of CFA center around our green credentials and our circular economy ethos. Its team of engineers has created a range of processes that are unique to CFA and standard-bearers in the industry. CFA Trading was formed in 2004 and is based in Poole, United Kingdom.

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