About the Transaction
Since 1995, EWASTE+ has offered full spectrum ITAD services including onsite collection, data sanitization, product refurbishment, hard-drive destruction, resource recovery, and chain-of-custody documentation. EWASTE+ has serviced over 10,000 clients and has become the premier partner/vendor of choice for business, government, medical, and educational organizations. EWASTE+ facilities in Rochester, Albany, and New York City have diverted over 200 million pounds of electronic waste from disposal in landfills – all while rigorously adhering to federal and state regulatory compliance. For more information, please visit www.EWASTE.com.
Sidereal Capital Group, LLC, is a private equity firm that provides strategic capital to middle-market companies, with deep experience collaborating with family-owned businesses to provide strategic guidance and operational support to increase scale and maximize company value. This represents Sidereal’s sixth platform investment. For more information, please visit www.siderealcapital.com.
“After an extensive search, we concluded that, from a perspective of shared values and strategic vision, Sidereal was the right financial partner to support our continued growth,” said Mike Whyte, EWASTE+ President. “We are truly excited by the opportunity this partnership affords us — to leverage our exceptional operational and technical capabilities as we expand the EWASTE+ platform into markets.”