New Capital Partners Invests in SMR Worldwide (now Sprout)
October 23, 2019
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.
- Buyers
- New Capital Partners
- Targets
- SMR Worldwide (rebranded as Sprout)
- Industry
- Environmental Services
- Location
- North Carolina, United States
- Transaction Type
- Growth capital
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