Announced
Completed
Synopsis
Quantum Lifecycle Partners, an I.T. asset disposition company and an end-of-life electronics recycler, completed the acquisition of REfficient, a reuse services company in the telecom sector. Financial terms were not disclosed. “This acquisition aligns with Quantum’s mission of providing the complete solution for our customers, specifically our telecom customer base and will add tremendous value to our key stakeholders by better preserving our planet through additional reuse and recycling of electronics, better serving our customers and building a strong team of sustainability superheroes. More than just making sense from a business perspective, the team at REfficient aligns strongly with Quantum’s mission to be customer obsessed in everything we do," Gary Diamond, Quantum Lifecycle Partners President.
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