Closed Loop Partners’ portfolio company, Sage Sustainable Electronics has acquired IT asset disposition (ITAD) company, Cascade Asset Management. Cascade is a longstanding leader in the ITAD industry, providing hardware asset lifecycle management, reuse, refurbishment and disposition services. Following its acquisition of Cascade, Sage Sustainable Electronics becomes one of the largest pure ITAD service providers in the United States.
The acquisition takes place amidst increasing demand to bring valuable electronics – and their critical mineral components – back into circulation for reuse in domestic supply chains in the U.S. The acquisition accelerates Sage’s path to becoming the leading platform within the ITAD industry, servicing major corporations through IT asset recovery and lifecycle extension. The acquisition was completed through Closed Loop Partners’ buyout private equity group focused on buying and building platforms to advance a circular economy.
Following the acquisition, Sage will continue to grow its services and geographic footprint, positioning the company for wider reach.
Published February 2025
