Ivy Technology, a portfolio company of Staple Street Capital, announced the acquisition of ISP Tek Services from Close the Loop. The deal expands Ivy Technology’s IT asset disposition capabilities by adding secure asset recovery, refurbishment, and resale services while also extending the company’s operational footprint into Mexico.
The acquisition strengthens Ivy Technology’s position in the IT asset lifecycle market by integrating ISP Tek Services’ expertise in high-volume asset processing, testing, grading, refurbishment, and resale of end-user technology products, including laptops, printers, and accessories. The combined platform is expected to provide customers with a more comprehensive end-to-end technology lifecycle solution.
Ivy Technology provides aftermarket services and lifecycle solutions for technology companies across industries such as telecommunications, hyperscale data centers, enterprise technology, industrials, and healthcare. Its services include repair, refurbishment, reverse logistics, certified pre-owned equipment sales, IT asset disposition, and field services designed to help customers improve aftermarket channel management and sustainability outcomes.
ISP Tek Services specializes in IT asset disposition and remarketing services, supporting enterprise and consumer technology programs through established e-commerce and partner channels. The company is known for its OEM-aligned certified refurbishment workflows focused on maximizing recovery value and enabling trusted reuse outcomes.
Scott Greer, CEO of Ivy Technology, said the acquisition enhances the company’s service offerings and strengthens its position within the IT asset lifecycle market. Greer noted that the combination of capabilities supports a more connected and comprehensive approach that delivers additional value for customers, partners, and stakeholders.
Matthew Zimmer, CEO of ISP Tek Services, said joining Ivy Technology represents an important next step for the business, expanding its service offerings and global reach while creating immediate value for customers and OEM partners. Zimmer added that the combined organization is well-positioned to continue building a best-in-class IT asset disposition and refurbishment portfolio worldwide.
Staple Street Capital said the acquisition combines Ivy’s global platform with ISP Tek Services’ established asset disposition and certified refurbishment capabilities, enabling Ivy to better serve customers across the technology lifecycle while accelerating ISP Tek Services’ growth trajectory.
KEY QUOTES:
“The acquisition of ISP Tek Services enhances Ivy’s service offering and strengthens our position in the IT asset lifecycle market. The combination of capabilities supports a more connected, end-to-end approach, delivering increased value for our customers, partners, and stakeholders.”
Scott Greer, CEO, Ivy Technology
“Joining Ivy Technology marks an exciting next step for our business, expanding our service offerings and global reach while creating immediate value for our customers and OEM partners. Together with Ivy Technology, our team is well-positioned to continue building a best-in-class ITAD and refurbishment portfolio worldwide.”
Matthew Zimmer, CEO, ISP Tek Services
“We believe that the strategic acquisition of ISP Tek combines Ivy’s global platform with ISP Tek’s established asset disposition and certified refurbishment capabilities, enabling Ivy to better serve its customers across the full technology lifecycle while accelerating ISP Tek’s growth trajectory.”
Staple Street Capital
