Sprout Acquires Key Assets of CircleIT

Recognize Acquires Majority Stake in Sprout

January 9, 2025

IT Services

Recognize, a private equity firm focused on digital services, has made a majority investment in IT asset disposition (ITAD) provider Sprout. New Capital Partners will remain a minority investor; Recognize plans to invest in Sprout’s technology, expand solutions, and pursue M&A to accelerate growth as demand for secure data destruction and hardware refresh cycles rises.

Arrow Business Communications Acquires Circle IT Solutions Limited

November 1, 2021

IT Services

Arrow Business Communications, a portfolio company of MML Capital, has acquired Circle IT Solutions Limited. The deal, supported by financing from CVC Credit Partners, strengthens Arrow's cloud, Microsoft and networking capabilities and expands its managed services offering to public and private sector clients.

Tide Rock Acquires SIPI Asset Recovery (SIPI ITAD) and Integrates into Full Circle Electronics

August 3, 2023

Environmental Services

San Diego-based private equity firm Tide Rock acquired the IT asset disposition (ITAD) assets of SIPI Asset Recovery (a division of Sipi Metals Corp.) and will fold those U.S. and Latin American operations into its portfolio company Full Circle Electronics. The add-on expands Full Circle's footprint to 11 facilities across the Americas (including new locations in Northern California, Illinois, Texas, Mexico and Colombia), roughly doubles headcount to nearly 400 employees, and strengthens its electronics recycling and reuse capabilities for enterprise customers.

Sage Sustainable Electronics Acquires Cascade Asset Management

February 20, 2025

Environmental Services

Columbus-based Sage Sustainable Electronics, a portfolio company backed by Closed Loop Partners' buyout private equity group, has acquired Madison-based IT asset disposition (ITAD) provider Cascade Asset Management. The bolt-on acquisition expands Sage's national footprint, adds demanufacturing and refurbishment capabilities, and strengthens its position as a leading sustainable ITAD platform in the United States.

New Capital Partners Invests in SMR Worldwide (now Sprout)

October 23, 2019

Environmental Services

New Capital Partners (NCP), a Birmingham-based private equity firm, has partnered with SMR Worldwide, an IT asset disposition (ITAD) and e-waste solutions provider headquartered in Charlotte, North Carolina. The investment will support SMR's (rebranded later as Sprout) expansion of facilities, rollout of new software-driven solutions, and capability growth to serve enterprise customers.

ReCircled Acquires Circlarity

January 20, 2021

Cloud & SaaS

Denver-based ReCircled, an industrial sustainability company, has acquired Circlarity, a digital sustainability intelligence platform that enables apparel and footwear brands to manage consumer return ("Take Back") programs. The acquisition integrates Circlarity's trackable, reportable returns technology into ReCircled's circular-economy infrastructure to expand ReCircled's capabilities serving brands and retailers worldwide.