Olinn

Olinn provides IT equipment rental and management services, focusing on sustainability through refurbishment and recycling. They cater to businesses and public institutions, promoting responsible consumption in the IT sector. Founded in 1995 by Mohamed Sefane in Puteaux, France, Olinn specializes in IT equipment rental and management. The company underwent a strategic acquisition in November 2021 when Crédit Agricole Leasing & Factoring fully acquired it from Argos Wityu, enhancing its growth potential and geographic expansion.

The company has completed a total of 4 deals with its most recent deal date being November 9, 2021. Olinn specializes in providing IT equipment rental and management services tailored for businesses and public institutions. Their primary offerings include the rental of refurbished and new computers, smartphones, and vehicles, along with financial solutions that enhance sustainability in corporate operations. Operating under a circular economy model, Olinn facilitates responsible consumption by refurbishing and recycling IT assets, addressing economic performance and corporate social responsibility (CSR) goals.

Their customer base includes a diverse range of enterprises and local authorities across various European markets, focusing on enhancing operational efficiency while minimizing environmental impact through innovative leasing options and services. Olinn also emphasizes responsible finance and IT management, aligning with organizations' regulatory and performance standards related to sustainability. In the most recent year, 2021, Olinn generated revenue of USD 2,493,607. 60 while reporting an EBITDA of USD -34,259.

50. The company primarily derives its revenue through leasing agreements and service subscriptions that cover a variety of IT equipment and mobility solutions, allowing businesses to utilize the latest technology without ownership hassles. Their pricing structure is designed for flexibility and inclusivity, catering to diverse organizational needs across sectors, including notable offerings like 'PC as a Service' and 'Smartphone as a Service. 'Following the acquisition by Crédit Agricole Leasing & Factoring in November 2021, Olinn plans to accelerate its growth and expand its geographic footprint.

The company is focusing on developing new products and services to enhance its offerings in IT equipment rental and management. Specific markets and regions targeted for expansion have not been disclosed, but the move is anticipated to bolster Olinn's operational capabilities. This acquisition is expected to enable Olinn to leverage the resources and expertise of Crédit Agricole to support its future initiatives.