Sage SE

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Peters-Michaud named CEO, Houghton chair of Sage Sustainable Electronics

Sage Sustainable Electronics, the Closed Loop Partners–backed IT asset disposition (ITAD) company that has rolled up two competitors in the past 18 months, announced a slate of executive changes this week aimed at scaling its electronics circularity platform through a new three-year growth plan.

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

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.

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