ECS Refining Acquires ServoTerra

ServoTerra, a company with a SaaS (News - Alert) (software-as-a-service) platform that provides a business-to-business e-commerce exchange for the remarketing and disposal of computer/IT equipment, has been acquuired by ECS Refining (News - Alert).

ServoTerra will continue to operate as a wholly owned subsidiary of ECS Refining. ServoTerra co-founder Kevin Scanlon will join ECS Refining as president of ServoTerra and general manager of United Datatech, an asset recovery and resale division of ECS Refining.

Industry experts opined that the acquisition of ServoTerra and its cloud-based, market-proven technology would help ECS Refining to broaden its service offerings with additional IT asset disposition (ITAD) resale capabilities for its OEM, VAR, enterprise, and electronics recycling customers.

“The acquisition of ServoTerra means that we’re better able to address the varying needs of enterprises, manufacturers and recyclers, who can now look to ECS Refining for a flexible approach that solves their asset disposal and remarketing needs,” said Jim Taggart, CEO and founder of ECS Refining, in a statement.

Taggart said that by placing control of IT asset disposal in the hands of the customers, the company can help them maximize the value of their end-of-life assets and present them with a complete set of options, ranging from remarketing and refurbishment through environmentally focused end-of-life options.

ECS Refining is a recycling and end-of-life services company specializing in electronics and industrial equipment.

Back in March, ECS Refining had announced that it has completed the purchase of a 263,000 square-foot facility in Stockton, Calif. to house its electronics division in a new, state-of-the-art recycling plant.

The company will move its primary California electronic recycling operation to the new facility, which will serve as the company’s western regional processing plant with the capacity to handle more than 25 million pounds of materials per month.