M&A: Sumitomo Takes Equity Stake in U.S. ITAD Firm GreenTek, Betting on AI-Driven Hardware Disposal

Sumitomo Corporation has taken an equity stake in GreenTek Solutions, a Texas-based IT asset disposition firm, becoming an equity-method affiliate as it enters the U.S. ITAD market amid AI-driven data center hardware turnover.

M&A: Telamon acquires 21-year-old ITAD consultancy Retire-IT, retaining founder Kyle Marks

Telamon Corporation has acquired Retire-IT, with founder Kyle Marks staying on as VP of ITAD services under Telamon’s enterprise services division. The deal follows Telamon’s 2025 hire of Mark Vander Kooy, a former ITAD executive whose earlier company was acquired into what became CloudBlue — a sequence that reads as a company using an experienced operator to identify a target before buying one.

What makes this deal notable is that Retire-IT doesn’t process equipment; it’s a managed-service and tracking layer that oversees roughly three dozen certified processors on clients’ behalf, a model Marks calls “defensible IT disposition.” Marks argues the acquisition points to a broader shift in enterprise ITAD, away from processors vouching for their own compliance and toward separating execution from independent oversight, though whether that’s an industry-wide trend or one operator’s thesis remains to be seen. Full analysis, including Telamon’s revenue and customer figures, sourcing details, and the two open questions likely to matter most to clients of both firms, available to Compliance Standards subscribers.