Electrobac acquires Versocet Solutions
EP&T MagazineElectronics Engineering Environmental environment repair
Electrobac has announced its acquisition of Versocet Solutions Inc., a leader in reverse logistics and mobile device processing, repairing, and refurbishing. With the addition of Versocet Solutions, Electrobac expands its services to the Toronto area by adding a modern and state-of-the-art processing facility.
“This acquisition allows us to support our customers with a wider range of services. This means we can help companies to fully outsource the management of their mobile device fleet to our experts,” said Philip Bénard, founder and CEO of Electrobac.
Building a successful partnership
The acquisition of Versocet Solutions also allows the two companies to join forces to pursue common aspirations. Besides, after closing the transaction, Versocet Solutions’ senior management joined Electrobac’s executive team.
“Electrobac not only supports our mission but accelerates its fulfillment thanks to the scale of its client base and the added value provided by its OEM and partner channels,” said Ted Gardham, CEO and founder of Versocet Solutions, and now COO of Electrobac.
The acquisition enhances Electrobac’s ability to provide full end-to-end services for the enterprise segments, thanks to its innovative team. The company also does the utmost to ensure compliance of its clients’ devices with the current legislation.
Established in 2011, with a national presence, Electrobac’s mission is to protect our planet by promoting circular economy principles in the management of electronic devices. The company offers complete lifecycle management services for mobile devices for large organizations, and reports for compliance purposes, including environmental impact assessment.