Announced
Completed
Synopsis
Ser Capital Partners-backed Paladin Envirotech, company focused on e-waste recycling and IT asset disposition, completed the acquisition of TechSmart International, firm that specializes in electronics recycling and secure data destruction services and Integrated Recycling Technologies, company that recycles plastics, electronics, and other waste materials into reusable resources. Financial terms are not disclosed. The growing digitization of society has led to a significant increase in electronic waste (e-waste), posing an environmental challenge due to hazardous materials entering landfills. SER’s entry into this sector aims to accelerate responsible recycling practices, recover precious metals, and ensure data security through IT Asset Disposition (ITAD) services.
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