ITRenew buys ESISO
Summary
NEWARK, Calif.–(BUSINESS WIRE)–Silicon Valley-based ITRenew, Inc. (“ITRenew”) announced the completion of its acquisition of ESISO, LLC (“eSISO”), an industry leader in the remarketing and remanufacturing of enterprise assets, based in Los Angeles, California.ITRenew and eSISO have been partners for over seven years and the combination was borne from a cultural alignment on prioritizing innovation, delivering first class customer service and ensuring the highest level of ethical standards and employee satisfaction.The combined entity will boast nine processing facilities; two engineering offices; a global presence with locations in the United States, Europe, South America and China, and employ a workforce of more than 350 people.Calling it a “game-changer for us as well as our industry,” ITRenew CEO Aidin Aghamiri said, “The circular economy requires specialists who will refurbish, reuse, remanufacture, and resale the valuable components inside data center equipment.Founded in 1992, eSISO has been an important part of the circular economy by connecting major IT asset disposition (”ITAD”) companies with all sizes of VARs, OEMs, ODMs and end users.