Regency Technologies expands through acquisition

Regency Technologies, headquartered in Stow, Ohio, has acquired the operations of Global Electric Electronic Processing Inc. (GEEP) USA and GEEP Costa Rica from the Toronto-based Giampaolo Group of Cos., enhancing its leading position as in the electronics recycling and information technology asset disposition (ITAD) sectors.

Regency Technologies is part of the Reserve Management Group (RMG), which also is headquartered in Stow and operates a second headquarters at a complex in Chicago that houses one of Regency’s original seven locations, as well.

“I am excited to bring these operations together under the Regency brand to expand our footprint and service offerings for all of our stakeholders,” says Jim Levine, co-founder and president of Regency Technologies.

GEEP USA's locations in Auburn Hills, Michigan, and Durham, North Carolina, and GEEP Costa Rica in Cartago will be integrated with Regency Technologies over the next month, according to a news release from Regency. Initially, no material changes in day-to-day operations will be experienced. As Regency begins to optimize operations, service offerings will expand for customers, the company says.

With the acquisition, Regency Technologies now operates nine facilities throughout the U.S. and one in Costa Rica, employing more than 1,000 employees.

Regency Technologies says its unique position as part of RMG gives the company unmatched depth by providing a full suite of services to assist customers with all their recycling needs.

For more on Regency’s operations, see the cover profile in the December issue of Recycling Today, available here.

Earlier this year, the Canadian operations of GEEP, which is based in Barrie, Ontario, and The Shift Group of Cos., consisting of Shift Recycling and Revolution, based in Toronto, merged to form Quantum Lifecycle Partners.