Key Takeaways
- • Three Sixty Seven Advisors served as exclusive financial advisor to ViaTeK Solutions in ViaTeK's sale to Iron Mountain, according to a PRWeb press release.
- • ViaTeK, founded in 1994 and headquartered in Clearwater, Florida, is an IT asset disposition (ITAD) and electronics recycling company serving corporate customers nationwide.
- • The acquisition expands Iron Mountain's asset lifecycle management business and gives ViaTeK customers access to Iron Mountain's broader services and global resources.
- • ViaTeK operates processing facilities in Clearwater, Florida; the Atlanta metropolitan area; and Phoenix, Arizona.
- • The press release does not disclose the transaction value or financial terms.
Summary
Three Sixty Seven Advisors, a middle-market M&A advisory firm headquartered in Tampa, Florida, announced that it served as the exclusive financial advisor to ViaTeK Solutions in the company's sale to Iron Mountain. The announcement was distributed via PRWeb. The press release did not disclose the purchase price or other deal terms.
ViaTeK, founded in 1994 and headquartered in Clearwater, Florida, provides IT asset disposition, electronics recycling, secure data destruction, equipment remarketing, and end-of-life technology services to corporate customers across the continental United States. Its services include equipment collection, serialized asset tracking, and recovery of reusable equipment. The company operates processing facilities in Clearwater, Florida; the Atlanta metropolitan area; and Phoenix, Arizona.
According to the release, the acquisition expands Iron Mountain's asset lifecycle management business and gives ViaTeK customers access to Iron Mountain's broader services and global resources. Graham Woodard, Founder and Managing Principal of Three Sixty Seven Advisors, said Iron Mountain is a strong strategic fit, bringing additional resources and capabilities to support ViaTeK's continued growth.
Brian Lofton, President and Owner of ViaTeK Solutions, described Three Sixty Seven Advisors as a trusted partner that provided thoughtful guidance at every stage of the process. Three Sixty Seven Advisors provides sell-side and buy-side M&A advisory and corporate debt advisory services for middle-market companies.
ViaTeK, founded in 1994 and headquartered in Clearwater, Florida, provides IT asset disposition, electronics recycling, secure data destruction, equipment remarketing, and end-of-life technology services to corporate customers across the continental United States. Its services include equipment collection, serialized asset tracking, and recovery of reusable equipment. The company operates processing facilities in Clearwater, Florida; the Atlanta metropolitan area; and Phoenix, Arizona.
According to the release, the acquisition expands Iron Mountain's asset lifecycle management business and gives ViaTeK customers access to Iron Mountain's broader services and global resources. Graham Woodard, Founder and Managing Principal of Three Sixty Seven Advisors, said Iron Mountain is a strong strategic fit, bringing additional resources and capabilities to support ViaTeK's continued growth.
Brian Lofton, President and Owner of ViaTeK Solutions, described Three Sixty Seven Advisors as a trusted partner that provided thoughtful guidance at every stage of the process. Three Sixty Seven Advisors provides sell-side and buy-side M&A advisory and corporate debt advisory services for middle-market companies.
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