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New Deal


Announced

Completed

Foxway completed the acquisition of Global Resale from Brightstar Capital Partners.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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United Kingdom

lifecycle management software

Completed

Friendly

IT Services: Other

Cross Border

Acquisition

Majority

Private

Single Bidder

Private Equity

Synopsis

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Foxway, a provider of IT life-cycle management solutions, completed the acquisition of Global Resale, a provider of lifecycle management solutions for technology assets, from Brightstar Capital Partners, a private equity firm. Financial terms were not disclosed. "We are pleased to welcome Global Resale to Foxway. This is a strategic acquisition to strengthen our position within circular tech in Europe. Our mission is to enable sustainable tech to the market, by providing circular IT services that extend the hardware’s lifetime and reduce its climate impact. With the Global Resale’s team of experts within circular tech, we will join our forces to change the tech industry to be and act more sustainable," Martin Backman, Foxway CEO.

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