Sage Bolstered ITAD Services Footprint with Acquisition of Relectro

SEATTLE (Scrap Monster): Sage Sustainable Electronics, an Ohio-based subsidiary of Closed Loop Partners, has announced the acquisition of Relectro, a Pennsylvania-based electronics repair, refurbishment, and logistics service provider. The deal is expected to strengthen Sage's range of IT asset disposition (ITAD) services.

The two organizations' geographical proximity is likely to increase chances for a fully integrated platform of repair, asset management, reverse logistics, and recycling services. It should be noted that the recently announced repurposing center in Montgomeryville, Pennsylvania, is fewer than ten miles from Relectro's Telford, Pennsylvania facility.

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Relectro is a leading provider of repair-on-demand services for warranty repair companies, insurance companies, and mobile device manufacturers. According to estimates, Relectro fixes around 25,000 assets each year.

Sage's CEO, Bob Houghton, remarked that the acquisition represents a significant milestone for the organization. Relectro's extensive partner network and deep technical experience will enhance its platform and serve as major drivers of the company's future growth in the region, Houghton noted.

Meanwhile, Relectro's Founder and CEO, Brian Itterly, expressed excitement about the company's next phase of growth as part of Sage Sustainable Electronics' platform.