Electronics life cycle management provider Intechra,
The company has acquired Lifecycle Partners, with operations in
“The addition of Lifecycle will strengthen our Northeast operations and provide a key facility in the Southeast,” Intechra CEO Chip Slack says.
According to Slack, the acquisition of Lifecycle Partners also allows Intechra to process high-end storage equipment. “This acquisition is another step in our plan to create an electronic lifecycle management company with the scope and scale to meet the needs of any client,” he says.
The acquisition of BCS will enable Intechra to better address nationwide logistics, serving as the foundation for the company’s logistics network.
Slack says, “IT assets pose a unique challenge because they are both high value and high risk for corporations. Intechra’s in-house management of logistics will bring peace of mind that clients cannot find with third-party shippers and will provide an audit trail for compliance with data security and environmental laws.”
According to Intechra, its logistics network will offer its clients “a single, secure chain of custody for their IT assets.” Intechra will have full-time logistics security specialists trained to handle IT assets and help clients manage packing, scheduling and shipping.
The specialists will operate Intechra vehicles out of 19 logistics centers nationwide. The company’s logistics fleet will initially include more than 25 vehicles, ranging from box trucks to tractor trailers.
Client assets will be in Intechra’s possession throughout the transportation process until they arrive at an Intechra facility.
The logistics network will be operational nationally by the end of third quarter, according to a press release from Intechra.
The newly acquired BCS will serve as the backbone of Intechra’s logistics operation. “BCS brings the leadership, systems and credibility to execute our IT logistics strategy,” Slack says. The company also has experience in target industries for Intechra, including the security requirements of healthcare and financial services clients.
Brad Davis, BCS CEO, says, “Our logistics expertise combined with Intechra’s scale will provide a complete transportation solution for clients’ assets."
With the acquisitions, Intechra says it now has plants that can remanufacture and remarket more than 350,000 retired IT assets per month, including computers, monitors, laptops, routers and servers. According to Intechra, its recycling centers can recycle 8 million pounds of electronics per month, and its in-house logistics centers will provide competitive secure transportation of assets for clients throughout the country.
Intechra will implement processes at its newly acquired facilities to achieve ISO certification as well as stringent security so that clients are assured of consistent services, regardless of geography. The company also has a zero-landfill policy.
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