ReMarkets

ReMarkets formerly known as Global Resale, LLC is a technology asset lifecycle management company specializing in the recovery, refurbishment, and resale of electronic devices, ensuring sustainable management of tech assets for organizations. Founded in 2016 and headquartered in Austin, US, Global Resale, LLC focuses on providing lifecycle management solutions for technology assets. The company was acquired in March 2016 by Brightstar Capital Partners, along with its management, for USD 50 mn. The CEO, Jeff Zeigler, leads the company with a strong commitment to sustainability in technology asset management.

Global Resale, LLC specializes in lifecycle management solutions that encompass recovery services, remarketing services, and advisory insights, aimed at fostering a circular economy in technology. Their offerings ensure organizations can efficiently manage tech assets in a sustainable manner, providing services such as safe device return, data deletion, refurbishment, and resale to both public sector and corporate clients. Global Resale, LLC generates revenue through structured services including IT Asset Disposition (ITAD) and retail trade-in solutions. Clients utilize these services to recover costs and promote sustainability by trading in outdated devices, and the company offers a Future Price Commitment Service, ensuring predictable trade-in values for clients.

With the recent acquisition in March 2016, Global Resale, LLC plans to leverage the USD 50 mn funding to expand its services and product offerings. The company aims to enhance its lifecycle management solutions and explore entry into new geographic markets, though specific regions targeted for expansion have not been disclosed. The funding will support new product developments and enhancements to existing service lines.