First Capital Partners Invests in Computer Wholesalers, Inc.

April 9, 2020

First Capital Partners provided mezzanine debt and equity to support a majority recapitalization of Computer Wholesalers, Inc. (CWI) in partnership with founder and CEO Ivan Somyk and existing investor Palladian Capital Partners. CWI, headquartered in Hackettstown, New Jersey, is an IT asset disposition (ITAD) company with processing and distribution centers in Hackettstown, NJ, Atlanta, GA, and Phoenix, AZ that audits, securely wipes, grades and resells used enterprise IT equipment worldwide.

Buyers
First Capital Partners, Palladian Capital Partners
Targets
Computer Wholesalers, Inc.
Industry
IT Services
Location
New Jersey, United States
Transaction Type
Recapitalization

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