ITAD Investment

Private Equity Investors Continue to See the Potential in ITAD and Ecycling with Major Investment

The global ITAD market was valued at $18 billion in 2024 and is projected to reach $41 billion by 2032, a CAGR of nearly 11 percent

DMD Systems Recovery, a provider of IT asset disposition (ITAD) services, has received a majority equity investment from Tailwind Capital.

DMD’s ITAD services include data center decommissioning, asset auditing, secure data wiping, deinstallation, lease return management, and secure disposal for large enterprises, including Fortune 500 corporations, financial institutions, healthcare providers, technology companies, government agencies, and multinational firms across 50 countries.

By John McNulty

Canada, Mexico tariffs poised to disrupt recycling sector

by Colin Staub for eScrap News

The Recycled Materials Association warned of potential “severe” disruption to the materials recovery sector after tariffs targeting the U.S.’s largest trading partners took effect this week. Some tariffs on Mexican imports were paused for another month on March 6. Meanwhile, Canada’s proposed response includes tariffs on U.S. exports of recycled materials.

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Rising Demand for ITAD Services in the Years to Come

Equity firm acquires majority stake in Sprout

Published: January 9, 2025
Updated: January 9, 2025
by Colin Staub

IT asset disposition company Sprout has received a majority investment from a New York City-based private equity firm, which predicts rising demand for ITAD services in the years to come.

Sprout and the equity firm, Recognize, today announced the deal, which closed in late December. They noted that current Sprout investor New Capital Partners, which has owned a stake in the company since 2019, will continue on as a minority investor. Financial terms of the deal weren’t disclosed.

“Ultimately, this partnership with Recognized is going to enable Sprout to scale our impact on sustainability and secure data management,” Tom Allison, president of Sprout, said in an interview. “This partnership is helping us respond to the growing global demand for what I call sophisticated ITAD solutions.”

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