Sage Sustainable Electronics acquires Relectro

Columbus, Ohio-based Sage Sustainable Electronics, a Closed Loop Partners portfolio company, has acquired Relectro, a Telford, Pennsylvania-based electronics repair, refurbishment and logistics services provider.

This acquisition expands Sage’s offerings in repair services, which it says bolsters its existing information technology asset disposition (ITAD) services.

The acquisition was completed through a follow-on investment from Closed Loop Partners’ buyout private equity group.

“This marks an important milestone for Sage as we expand our platform with Relectro,” Sage CEO Bob Houghton says. “Their wide-ranging partner network and deep technical expertise are key assets to our growth, adding strategic expertise to our platform. Relectro enables us to expand depot repair services for enterprise clients––extending lifecycles, reducing costs and increasing sustainability.”

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Amidst increasing demand for repair services to extend the lifecycle of electronic devices, Sage completed its acquisition of Relectro to provide a comprehensive suite of solutions that can keep more devices in circulation, Closed Loop Partners says.

Since 2011, Relectro has specialized in electronics repair, focused on refurbishing products for continued use before disposal. The company provides repair-on-demand services to warranty repair firms, insurance firms and mobile device providers. Relectro repairs more than 25,000 assets per year, including wireless handsets, laptops and tablets.

According to Closed Loop Partners, the geographical proximity of the two companies creates more opportunity for a fully integrated platform of repair services, asset management, reverse logistics and recycling services for the wireless and smart device technology industry. Sage recently announced their fourth national repurposing center in Montgomeryville, Pennsylvania, which is located less than 10 miles away from Relectro’s 40,000-square-foot facility in Telford, Pennsylvania.

“We look forward to this next phase of growth as a part of Sage Sustainable Electronics’ platform,” Relectro Founder and CEO Brian Itterly says. “For over a decade, Relectro has provided critical repair services for electronics––a key part of keeping devices in circulation for longer. Today, our repair and refurbishment services complement and build on Sage’s reuse and recovery services, offering a wider range of solutions for businesses across the country.”

This is the seventh investment from Closed Loop Partners’ buyout private equity group, which aims to partner with companies to scale and enable technological advancements across plastics and packaging, organics, circular technology and textiles. Closed Loop Partners’ broader portfolio of investments in electronics circularity spans ITAD management, disassembly and remanufacturing, collection and reuse and end-of-life electronics recycling.

“Closed Loop Partners is proud to back Sage Sustainable Electronics’ acquisition of Relectro, laying the foundation for an expanded platform with strong operational processes, complementary geographical locations and continued progress toward electronics circularity,” says Jackson Pei, co-head of Closed Loop Partners’ buyout private equity strategy. “We look forward to supporting Sage’s continued growth with their now expanded IT asset disposition and repair services.”

Following the acquisition, Sage will continue to grow its services and geographical footprint, Closed Loop Partners says.