Altor has exited Flex IT as Eurazeo combines Flex IT with T1A Group, according to PE Hub.
Flex IT provides circular IT services including distribution, rental, buyback, refurbishment and IT asset disposition, according to PE Hub.
Flex IT provides these services to about 13,000 customers across more than 35 countries, according to PE Hub.
Flex IT is generating approximately €120 million in revenue in 2025, according to PE Hub.
Company: Flex IT
Flex IT provides circular IT services, according to PE Hub.
Flex IT’s services include distribution, rental, buyback, refurbishment and IT asset disposition, according to PE Hub.
Flex IT serves about 13,000 customers, according to PE Hub.
Flex IT operates across more than 35 countries, according to PE Hub.
Flex IT is generating approximately €120 million in revenue in 2025, according to PE Hub.
Transaction: Altor exit and combination with T1A Group
Altor has exited Flex IT, according to PE Hub.
Eurazeo is combining Flex IT with T1A Group, according to PE Hub.
Sector and geography tags from the source
PE Hub tagged the item under Business Services, according to PE Hub.
PE Hub tagged the item under Europe, according to PE Hub.
Context
Circular IT services is a widely used term for extending the lifecycle of IT equipment through models such as rental, buyback, refurbishment and asset disposition.
IT asset disposition is widely used to describe the process of handling retired IT assets, including resale and refurbishment.
