Deals Counterparts

Paladin EnviroTech acquires ICT for $70 million expansion of secure ITAD services in Europe

Acquisition Telecom announced Dublin, Ireland Apr 8, 2026
USD70M
Deal Value

Paladin EnviroTech acquired Ireland-based IT asset disposition provider ICT as part of a $70 million expansion to scale secure ITAD and data destruction services across Europe. This acquisition strengthens Paladin’s end-to-end capabilities, particularly in the European market where demand for secure technology lifecycle management and critical materials recycling is increasing. The deal supports Paladin's global strategy to enhance its secure ITAD offerings. The $70 million investment covers the acquisition and broader expansion initiatives.

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Deal Analysis

Paladin EnviroTech announced its acquisition of Ireland-based ICT for $70 million to expand secure IT asset disposition services in Europe. This $70 million investment covers the acquisition and broader expansion initiatives. The deal, announced on April 8, 2026, supports Paladin's global strategy to enhance its secure ITAD offerings.
  • Paladin EnviroTech acquired ICT
  • Acquisition value: $70 million
  • Acquisition announced: April 8, 2026
  • Location of acquired company: Ireland

Source Intelligence

KEY DETAILS

ICT processes more than 2,000 tons of end-of-life electronics annually and securely shreds over 500,000 data-bearing devices in the past year. ICT was the first in Ireland to achieve R2v3 certification. ICT's customer base includes enterprise clients, hyperscale data centers, public sector organizations, and commercial businesses. ICT's service model emphasizes in-house processing and reduced reliance on third parties. ICT's offerings include mobile, on-site data destruction through specialized shredding vehicles, as well as IT asset remarketing, electronics recycling, data center decommissioning, secure logistics, and ESG-focused reporting. The acquisition enhances Paladin’s in-house operations by expanding its chain-of-custody services and on-site data destruction capabilities in Ireland. ICT will transition to the Paladin brand and relocate to a newly leased 52,000-square-foot processing facility in Dublin.

Deal Size
Paladin EnviroTech announced the acquisition of ICT, an Ireland-based IT asset disposition provider, as part of a broader $70 million expansion aimed at scaling secure ITAD and data destruction services globally.
Location
Paladin EnviroTech announced the acquisition of ICT, an Ireland-based IT asset disposition provider, as part of a broader $70 million expansion aimed at scaling secure ITAD and data destruction services globally.
Financials
Financial terms of the transaction were not disclosed.
Announcement
Paladin EnviroTech announced the acquisition of ICT, an Ireland-based IT asset disposition provider, as part of a broader $70 million expansion aimed at scaling secure ITAD and data destruction services globally.
PARTIES MENTIONED IN SOURCE
P
Paladin EnviroTech buyer

"Paladin EnviroTech announced the acquisition of ICT, an Ireland-based IT asset disposition provider, as part of a broader $70 million expansion aimed at scaling secure ITAD and data destruction services globally."

I
ICT seller

"Paladin EnviroTech announced the acquisition of ICT, an Ireland-based IT asset disposition provider, as part of a broader $70 million expansion aimed at scaling secure ITAD and data destruction services globally."

high quality Enriched Apr 9, 2026

Timeline

Announced
Apr 8, 2026
Signed
Closed

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