Tide Rock Grows Electronics Recycling Portfolio with Global Electronic Recycling (GER) Acquisition
August 14, 2024 | PRNewswireEstimated reading time: 1 minute
Tide Rock, an unlevered buyout firm with a portfolio of diverse economically resilient B2B businesses, acquired Global Electronics Recycling (GER), a Phoenix-based professionalized IT Asset Disposition (ITAD) and electronics recycling company serving enterprise customers.
The acquisition further expands Tide Rock's portfolio of electronics recycling companies, complementing the acquisition of Full Circle Electronics in 2022 and Sipi's IT Asset and Disposition assets in 2023. GER will be integrated with Full Circle Electronics' business to boost their shared mission to transform the enterprise electronics recycling space.
"The addition of GER further bolsters the national footprint we established in the electronics recycling space with the growth of Full Circle Electronics over the last two years," said Mark Papp, President of Tide Rock YieldCo West Coast. "The companies have several immediate synergies that mutually benefit enterprise customers and prospects, particularly in the communications and aerospace and defense industries."
Tracey Haslam, CEO of Full Circle Electronics, will lead the integration of GER into Full Circle Electronics and will continue to lead the business going forward.
"Our mission has always been to better serve the growing IT and electronics asset disposition market by providing a safe, secure, and sustainable electronics recycling solution, and we certainly see that same mission reflected in the GER business," said Haslam. "Our combined services will better serve enterprise customers, large and small, across industries in the Phoenix area and further scale opportunities nationwide."
Suggested Items
Flexible Printed Circuit Boards Market Expected to Reach $51.05 Billion by 2031 at a CAGR of 11.2%
12/20/2024 | EINPresswire.comA new report by Coherent Market Insights forecasts the global flexible printed circuit boards (FPCB) market to reach $51.05 billion by 2031, reflecting a strong compound annual growth rate (CAGR) of 11.2% from 2024.
ViTrox Welcomes Gemaddis as a New Sales Channel Partner in France
12/20/2024 | ViTroxViTrox Technologies, which aims to be the World’s Most Trusted Technology Company in delivering innovative, advanced, and cost-effective automated Machine Vision Inspection Solutions for the semiconductor and electronics manufacturing industries, is honoured to announce its partnership with Gemaddis as its new Sales Channel Partner (SCP) for the French market, effective May 2024.
EMI Shielding Market worth $9.69 Billion in 2029
12/19/2024 | PRNewswireThe global EMI shielding market is expected to reach USD 9.69 billion in 2029 from US$ 7.34 billion in 2024, at a CAGR of 5.7% during the forecast period according to a new report by MarketsandMarkets™.
ViTrox Welcomes Gemaddis as a New Sales Channel Partner in France
12/18/2024 | ViTroxViTrox Technologies, which aims to be the World’s Most Trusted Technology Company in delivering innovative, advanced, and cost-effective automated Machine Vision Inspection Solutions for the semiconductor and electronics manufacturing industries, is honoured to announce its partnership with Gemaddis as its new Sales Channel Partner (SCP) for the French market, effective May 2024.
IPC Releases Latest List of Standards and Revisions
12/17/2024 | IPC Community Editorial TeamEach quarter, IPC releases a list of standards that are new or have been updated. To view a complete list of newly published standards and standards revisions, translations, proposed standards for ballot, final drafts for industry review, working drafts, and project approvals, visit ipc.org/status. These are the latest releases for Q4 2024.