Tracking Market Conditions

First Take: Cascade Asset Management and Sage Sustainable Electronics Join in First Merger in US ITAD Sector

On January 31, 2025, Madison, WI-based Cascade Asset Management merged with Columbus, OH-based Sage Sustainable Electronics. A one-page online post by Cascade suggests that the companies will continue to operate as two independent entities for the time being.  This is the first time that a merger has taken place in the industry, while the most recent transactions in the ITAD sector favored acquisitions. Continue reading below.
Number of readers who accessed this analysis : 630

Receive notification when similar content is posted. Click here to add your email.

By David Daoud:  On January 31, 2025, Madison, WI-based Cascade Asset Management merged with Columbus, OH-based Sage Sustainable Electronics. A one-page online post by Cascade suggests that the companies will continue to operate as two independent entities for the time being.  This is the first time that a merger has taken place in the industry, while the most recent transactions in the ITAD sector favored acquisitions. Therefore, the morphing of these two companies is not a trivial event, as two critical stakeholders operating in the ITAD sector are merging their resources to boost competitiveness in light of the expanding influence of the likes of Iron Mountain, Ingram Micro, and other companies with sizeable resources. As we expect the two companies to work to push their go-market offensive, we also expect them to leverage more support from private equity firm Closed Loop Partners (CLP), which has made investments into Sage.

________
This analysis is reserved for clients subscribing to the Pulse Service.
Already a subscriber? Please log in here.
Not a Pulse subscriber? Click here to subscribe
Or schedule a free consultation here to learn more.

Receive notification when similar content is posted. Click here to add your email.

Premium Content from ITAD Market Pulse

Book Analyst

Analyst/Author: David Daoud | Analyst

David Daoud has researched the mainstream IT hardware market since 1996 and expanded into hardware disposition research in 2003. He has spearheaded the creation of IDC’s GRADE certification. Since then, David has been providing consulting and expert advice to companies looking to establish best practice in their IT equipment decommissioning and helped leading ITAD service providers assess demand, understand competition, and forecast what’s to come. David is currently the Principal Analyst at Compliance Standards, which focuses entirely on the end-of-life of IT equipment. He can be reached at 508-981-6937 or at ddaoud@compliance-standards.com
Subscribe to ITAD Market Pulse
What is Google telling us about the secondary market for IT and electronics?

What is Google telling us about the secondary market for IT and electronics?

by | Nov 19, 2024 | , , , , , ,

Google’s Certified Refurbished Phone Program highlights a growing trend of OEMs entering the secondary market to control ecosystems, brand perception, and margins. This move disrupts traditional IT asset resale channels, creating challenges for ITAD vendors while underscoring the economic potential of refurbished IT assets. ITADs must adapt by focusing on premium services like ESG reporting and secure data handling to thrive in this evolving landscape.

Analysis: Sage Expands Beyond ITAD, Breaks into the Break-Fix Market

by | Oct 28, 2024 | , , , ,

On October 22, 2024, Sage Sustainable Electronics (Sage) issued a press release via Businesswire to announce its acquisition of an electronics repair firm called Relectro. This acquisition is somewhat unique in Sage’s context because Relectro does not operate in Sage’s traditional ITAD space. It offers board-level and post-warranty repair for devices like laptops, tablets, and mobile handsets, which means that it operates in a stage that precedes Sage’s typical involvement. As such, we perceive this acquisition as a pathway for Sage to expand upstream in the ITAM sector.

PREMIUM SERVICES

ITAD Marketing

Unique content that clients can use to transform themselves as thought leader. We help customers improve their image, attract attention and win new customers.

ITAD.Academy

This is where professionals involved in ITAD in enterprises come to learn about best practice.

Reputation Ratings

We assess the reputation of ITAD vendors from the perspective of their clients and employees.

Go-to-Market Nav.

Plan Your Go-to-Market, Sales, Marketing and PR Strategies with Unmatched Data & Expertise. Understand your Prospective Clients. All data driven.

ITAD Sector Pulse

Analyst views and opinions on the mega trends and factors affecting the ITAD sector, from ESG to AI and from plant technology to economics.

Industry Survey

We welcome all ITAD vendors to join our twice a year survey, a joint initiative between Compliance Standards and E-Scrap News. Joining is free and results are available only for survey respondents.

×

Hello!

Click one of our contacts below to chat on WhatsApp

Social Chat is free, download and try it now here!

× Speak to us on WhatsApp