ZMC Acquires Controlling Stake in IT Renew

Iron Mountain Acquires ITRenew from ZMC

December 10, 2021

IT Services

Iron Mountain Incorporated has agreed to acquire ITRenew Inc., a leading IT asset disposition and data center lifecycle management provider, from private equity owner ZMC. The deal closed with Iron Mountain purchasing 80% of ITRenew for approximately $725 million in cash (with the remaining 20% to be acquired within three years for a minimum enterprise value of $925 million), positioning ITRenew as Iron Mountain's platform for Global IT Asset Lifecycle Management and expanding the company's secure ITAD, decommissioning and sustainability capabilities for hyperscale and enterprise customers.

Macquarie Asset Management and BCI Acquire Renewi

June 6, 2025

Environmental Services

Macquarie Asset Management (via Macquarie European Infrastructure Fund 7) and British Columbia Investment Management Corporation (BCI) have completed the acquisition of Renewi, a leading waste-to-product recycling company. The Consortium said it will support Renewi’s One Renewi transformation strategy and growth plans to strengthen recycling yields and expand its position across the Netherlands, Belgium, France and Portugal.

Sanmina Acquires ZT Systems Data Center Manufacturing Business from AMD

October 27, 2025

Manufacturing

Sanmina Corporation has completed the acquisition of the ZT Systems data center infrastructure manufacturing business from AMD. The deal expands Sanmina’s manufacturing capacity (facilities in New Jersey, Texas and the Netherlands), establishes a strategic U.S.-based NPI manufacturing partnership with AMD, and strengthens Sanmina’s position in the Cloud and AI infrastructure end market.

Macquarie Capital Principal Finance Acquires Majority Stake in Zenzero Solutions Limited

September 25, 2023

IT Services

Macquarie Capital Principal Finance has acquired a majority stake in Zenzero Solutions Limited, a UK-based managed IT services provider supporting over 1,000 SME customers. The investment is a full realisation for Fordhouse Capital LLP and will provide growth capital and support for organic expansion and further acquisitions.

Investcorp Technology Partners Acquires Majority Stake in Zift Solutions

January 23, 2023

Cloud & SaaS

Investcorp Technology Partners agreed to acquire a majority stake in Zift Solutions, a provider of Partner Relationship Management (PRM) and Through-Channel Marketing Automation (TCMA) software, in a transaction valuing over $70 million. The investment will fund Zift’s go-to-market acceleration and international expansion; existing investors Arrowroot, Oxx, SMM and AshGrove Capital will remain involved.

ZMC Acquires Simeio Solutions from Welsh, Carson, Anderson & Stowe

February 3, 2020

Cybersecurity

Affiliates of private equity firm ZMC have acquired Simeio Solutions, a leading Identity and Access Management (IAM) provider, from Welsh, Carson, Anderson & Stowe. Terms were not disclosed; ZMC said it will support Simeio's growth by investing in product and technology innovation and scaling the company's delivery platform.