Ivy Technology, a Portfolio Company of Staple Street Capital, Announces the Acquisition of ISP Tek Services
Ivy Technology, a portfolio company of Staple Street Capital that provides technology lifecycle services and infrastructure solutions, today announced the acquisition of ISP Tek Services LLC, an IT asset disposition provider, from Close the Loop (ASX: CLG). This strategic acquisition expands Ivy’s IT asset disposition capabilities, adding secure asset recovery, refurbishment, and resale services while extending Ivy’s operational footprint into Mexico.
Scott Greer, CEO of Ivy, added, "The acquisition of ISP Tek Services enhances Ivy's service offering and strengthens our position in the IT asset lifecycle market. The combination of capabilities supports a more connected, end-to-end approach, delivering increased value for our customers, partners, and stakeholders."
Matthew Zimmer, CEO of ISP Tek Services, commented, "Joining Ivy Technology marks an exciting next step for our business, expanding our service offerings and global reach while creating immediate value for our customers and OEM partners. Together with Ivy Technology, our team is well-positioned to continue building a best-in-class ITAD and refurbishment portfolio worldwide."
