Observed Signal · Sep 7, 2026 · M&A - Completed · Source: Tech.eu (European Tech & Deals) · Impact: 2/5 · Sentiment: Positive
Flex IT and T1A Combine to Create €150M Circular IT Platform
Flex IT and T1A Group have completed their combination, forming a European circular IT platform with approximately €150 million in revenue. T1A, founded in Denmark in 2001, specializes in collecting corporate IT equipment for certified data erasure and refurbishment. Flex IT, founded in 1991 and based in the Netherlands, distributes new and refurbished IT hardware across Europe through a network of about 13,000 resellers and operates certified refurbishment facilities in Poland. The combined group now offers end-to-end lifecycle management, from device collection to resale. The transaction is backed by Eurazeo's Planetary Boundaries Fund, which acquired a majority stake in T1A in May 2026 and funded the acquisition of Flex IT with support from Dansk Vækstkapital. Angelo Bul becomes CEO of the combined group, while Peter Hemicke becomes Executive Chairman.
Consolidation in the circular IT sector, relevant to sustainability and IT asset disposition, but not directly impacting core AdTech/MarTech operations.
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Key Takeaways & Evidence Grounding
- Flex IT and T1A Group completed their combination, creating a European circular IT platform with revenue of approximately €150 million.
- T1A Group was founded in Denmark in 2001 and specializes in corporate IT collection, certified data erasure, and refurbishment.
- Flex IT, founded in 1991 and headquartered in Leiden, Netherlands, distributes IT hardware across Europe via ~13,000 resellers and operates certified refurbishment in Poland.
- The combined group holds R2v3 certification and operates certified processing across Denmark, the Netherlands, and Poland.
- Eurazeo's Planetary Boundaries Fund funded the acquisition of Flex IT, having acquired a majority stake in T1A in May 2026.
Connected Companies & Entities
1 Entity mapped“The transaction is backed by the Eurazeo Planetary Boundaries Fund, which acquired a majority stake in T1A in May 2026.”
Ontology Mapping & Concepts
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