Transaction Overview
- Represented Asset Recovery Corporation (“ARC”) in its sale to Arrow Electronics (NYSE:ARW).
- Asset Recovery Corporation (“ARC”) is a leading provider of information technology asset disposition services (ITAD), which includes reverse logistics, recycling, data destruction, data wiping, and remarketing services for used electronics and computer equipment. ARC’s value proposition addresses the full range of customer concerns including data security, compliance with environmental regulations, and bottom-line economics.
- Arrow Electronics (NYSE: ARW) is a distributor of electronic components. Arrow Electronics is a global provider of products, services, and solutions to industrial and commercial users of electronic components and enterprise computing solutions.
Key Observations
- As a value-added reseller, Arrow’s strategy was to control the full logistics chain, all the way from IT equipment acquisition to disposal. Arrow had recently announced the acquisition of TechTurn, a larger platform in the ITAD industry and was focused on growing the new platform’s footprint.