Tide Rock to Acquire Phoenix-Based ITAD and Electronic Waste Recycler
The combined services will offer enhanced services to enterprise customers, said Haslam.
SEATTLE (Scrap Monster): Solana Beach, California-based Tide Rock announced major expansion of its e-waste recycling portfolio with the acquisition of Phoenix-based information technology asset disposition (ITAD) and electronics recycling company, Global Electronics Recycling (GER).
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The above transaction further complements the recent acquisitions of assets of Full Circle Electronics and Sipi's IT Asset and Disposition in 2022 and 2023 respectively by Tide Rock. The newly acquired GER will be integrated with Full Circle Electronics’ business, thus helping it achieve the mission to transform the enterprise electronics recycling space, the company said.
Tracey Haslam, CEO of Full Circle Electronics, will lead the integration of GER into the company. Moreover, he will continue to lead the business going forward. The combined services will offer enhanced services to enterprise customers, said Haslam.
Commenting on the transaction, Mark Papp, President of Tide Rock YieldCo West Coast said that the addition of GER will bolster the national footprint established by the company in the electronics recycling space over the past two years. The immediate synergies of both the companies will immensely benefit various industries including communications, aerospace and defense.
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