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Quantum Lifecycle Partners acquires Costa Rica facility

The acquisition expands the recycler’s presence in Latin America, the Caribbean.

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Quantum Lifecycle Partners LP, Toronto, has acquired Global Electric Electronic Processing Inc. (GEEP) Costa Rica, effective Feb. 1. According to a news release from Quantum Lifecycle Partners, this is the company’s first acquisition outside of Canada. The acquisition expands Quantum’s footprint to service Latin America and the Caribbean with reuse and recycling solutions.

“Following the successful creation of Quantum in 2019 through the acquisition of assets from Shift Recycling and GEEP Canada, I am excited to expand our footprint to Central America and expand our service offerings for our growing customer base,” says Gary Diamond, president of Quantum Lifecycle Partners.

Quantum currently operates eight facilities with more than 400 employees. The company formed in 2019 following the merger of GEEP Canada and Shift Recycling in Canada to provide electronics recycling and information technology asset disposition (ITAD) services.

GEEP Costa Rica will be integrated with Quantum Lifecycle over the next few months. Quantum says no material changes will occur in day-to-day operations initially and, as Quantum begins to optimize operations, service offerings will expand for GEEP Costa Rica customers.