Quantum Lifecycle Partners has completed its acquisition of DCR Systems Group Inc., an I.T. Asset Management provider based in Richmond Hill, ON.
This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20241211242516/en/
(Photo: Business Wire)
With the acquisition, Quantum now offers a complete suite of IT services including managed deployment technology rental, repair, asset disposition, and end-of-life processing. This approach enables Quantum to provide end-to-end solutions for OEMs, Value Added Resellers and businesses seeking sustainable and efficient electronics management.
“I am delighted to welcome DCR to the Quantum family,” said Gary Diamond, President of Quantum Lifecycle Partners LP. “This acquisition is a significant step forward in our growth strategy, allowing us to expand our service offerings and unlock operational efficiencies. By combining our expertise, we are now a more well-rounded IT lifecycle services provider, ideally positioned to deliver exceptional value to our customers.”
This synergy positions Quantum as a national leader in technology reuse, responsible recycling, and sustainable IT practices. By doing so, Quantum continues to reduce electronic waste and maximize the potential of every IT asset. This will enhance Quantum’s logistics, downstream sales, and operational efficiencies.
“This acquisition represents a significant milestone in our mission to provide customers with a true partnership that supports them throughout the entire technology lifecycle,” said Mark Shanahan, VP, Sales & Marketing at Quantum. “By combining our expertise with DCR’s, we’re well positioned to help our customers securely navigate the IT asset management landscape.”
“We are excited to join forces with Quantum to create a leading Canadian IT asset disposition and lifecycle management powerhouse,” said Douglas Rayner, CEO and Founder of DCR Systems. “Our combined capabilities will provide our customers with a broader range of services, enhanced geographic coverage, and a continued commitment to sustainability. We look forward to working together to deliver even greater value to our clients.”
DCR will continue to operate from its Richmond Hill facility. With the addition of DCR’s employees, Quantum’s total headcount now reaches 700+ sustainability superheroes and 14 locations in Canada and Costa Rica.
About Quantum Lifecycle Partners LP
Quantum is both an I.T. Asset Disposition company and an E-Waste Recycling service provider, offering a full suite of services, including data security, refurbishment, remarketing and recycling of used IT assets. Quantum’s vision is to become the most trusted partner for customers in the management of their IT products throughout the entire lifecycle. With 35 years of corporate history, a commitment to the environment, and robust systems and processes, Quantum provides customized solutions for clients across all sectors.
About DCR Systems Group Inc.
DCR Systems is a Canadian I.T. Asset Management and disposition provider. The company offers a wide range of services to help businesses manage their IT assets throughout their entire lifecycle, including I.T. asset disposition, data destruction, rentals, and recycling solutions. DCR is committed to providing its clients with secure, reliable, and environmentally responsible I.T. Asset Management solutions.
View source version on businesswire.com: https://www.businesswire.com/news/home/20241211242516/en/