Tech company makes acquisition
A local tech company is adding to its capabilities with an acquisition.
Grand Rapids-based Tech Defenders has acquired Device Renew, an IT asset disposition, or ITAD, company in Bowling Green, Ohio.
“This partnership will further increase our share in the ITAD market,” said Garry VonMyhr, CEO, Tech Defenders. “With our combined expertise in the industry, our customers can expect to see greater innovation and value in the services we offer.”
With the acquisition, Michael Oberdick, CEO of Device Renew, has joined the Tech Defenders leadership team as the senior director of business development. Oberdick will also integrate his team of ITAD experts.
“The way we do things is not standard in the ITAD space we operate in and that's what really makes this a great move for both our teams to keep disrupting the market in a really innovative way,” Oberdick said.
Tech Defenders will not be using the Device Renew brand but will continue to operate the Device Renew facility in Bowling Green as a secondary overflow facility.
“The gradual integration of both companies will take place over the next few months, and our partners will continue to receive the same high-quality results which they have come to expect from Tech Defenders,” said Connor Sweeney, COO, Tech Defenders.
Tech Defenders offers end-to-end lifecycle services for aging or obsolete technology to maximize its recovery value and keep it out of the landfill.
The Tech Defenders portfolio includes education and enterprise customers, and the company has 800 clients in 18 countries.