Acadian Capital Group (“Acadian” or “the Firm”) is pleased to announce its acquisition of Electronics Value Recovery, Inc. (“EVR” or “the Company”). This strategic acquisition further strengthens EVR's capacity to serve clients across the country with enhanced scale, operational resources, and service breadth. It will also accelerate Acadian's growth in the data destruction and IT asset disposition (ITAD) sectors.
“Joining forces with Acadian marks a powerful next step in EVR’s journey," says Matthew Young, President and Founder of EVR. "Their commitment to long-term partnership and operational excellence gives EVR the resources to scale faster, innovate further, and expand the positive impact we deliver to our customers and the environment. We’re excited for what this means for our team, our clients, and the future of responsible electronics reuse and recycling.”
EVR will continue to operate under its existing brand while its management team remains in place to ensure continuity for clients and employees. Acadian plans to support the Company's growth through capital investment, technology integration, and strategic add-on acquisitions in complementary service areas.
"We couldn’t be more excited to partner with Matthew Young and the talented team at Electronics Value Recovery," says Gaines Garrett, Managing Partner at Acadian. "EVR has built a remarkable business focused on sustainability, innovation, and customer trust—values that align perfectly with ours. Together, we’ll invest in new opportunities to help EVR grow, reach more customers, and make an even bigger impact on responsible electronics recycling and circular economy solutions."
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