3R Technology
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3R Technology - overview
Established
2003
Location
Kent, -, UK
Primary Industry
Software
About
3R Technology is an IT asset disposition (ITAD) and e-waste recycling firm, dedicated to providing secure data destruction and environmentally responsible management of electronic assets. 3R Technology focuses on the IT asset disposition and e-waste recycling industry, offering secure data destruction and refurbishment services. The company operates globally with offices in the US. Founded by industry veterans with prior experience in technology management, 3R Technology has completed a total of 1 deal as of April 2025, when it was fully acquired by CTL, a portfolio company of Columbia River Partners, with financial terms not disclosed.
3R Technology specializes in IT asset disposition (ITAD) and e-waste recycling, providing comprehensive solutions that encompass the entire lifecycle management of electronic assets. The company offers services that include secure data destruction, refurbishment, and the responsible recycling of outdated or excess IT equipment. Their customer base includes businesses, educational institutions, and organizations across various sectors that require secure and environmentally responsible management of their IT assets. By leveraging a robust multi-channel sales platform and an extensive broker network, 3R Technology is able to remarket a wide array of products, such as electronic components, laboratory equipment, and office furniture, primarily within the Pacific Northwest and expanding to national markets.
Their services are designed to address the growing needs for secure data management and sustainability, ensuring compliance with environmental regulations and data security requirements. 3R Technology generates revenue primarily through the direct provision of ITAD services to businesses and educational institutions, offering trade-in options for used IT equipment in exchange for credit towards new purchases. The transactions typically involve B2B partnerships where clients engage with 3R Technology for secure asset management and recycling services. In this model, organizations may schedule pickups for their surplus IT equipment, with the potential for financial returns depending on the equipment's condition and market demand.
The pricing structure is based on various factors, including the type and quantity of assets being handled, with an emphasis on maximizing value for clients. Core offerings such as mobile shredding services and certified asset destruction provide additional revenue streams while ensuring clients meet their data security and environmental responsibilities. In April 2025, 3R Technology was acquired by CTL, which enables the company to upgrade their services and offerings. The acquisition is expected to facilitate the launch of new ITAD products and services aimed at enhancing customer experience and compliance with evolving regulations.
Additionally, 3R Technology plans to expand its market presence beyond the Pacific Northwest, targeting major urban areas nationwide by the end of 2025. The recent funding will be utilized to develop these new offerings and support the expansion strategy.
Current Investors
Primary Industry
Software
Sub Industries
Waste Management, Recycling, Web Applications, Analytics & Performance Software, Application Integration Software, Logistics Software
Website
www.3rtechnology.com
Verticals
Clean Technology, Cloud Computing, Mobile Apps
Company Stage
Add-on
Total Amount Raised
Subscriber access only
3R Technology - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Add-on | Completed | 3R Technology | - |
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