Quantum Lifecycle Partners Acquires DCR Systems Group to Enhance Electronics Lifecycle Management Services

TORONTO — Quantum Lifecycle Partners has announced its acquisition of DCR Systems Group Inc., a provider of I.T. Asset Management services located in Richmond Hill, Ontario. This strategic move significantly broadens Quantum's capabilities, allowing the company to offer a complete range of IT services.

Expanded Service Offerings

Following this acquisition, Quantum Lifecycle Partners can now provide an all-inclusive suite of IT services. These services include managed deployment technology rental, repair, asset disposition, and end-of-life processing. By adopting this comprehensive approach, Quantum positions itself to cater to Original Equipment Manufacturers (OEMs), Value Added Resellers, and various businesses looking for sustainable and efficient management of their electronics.

Significance of the Acquisition

Gary Diamond, President of Quantum Lifecycle Partners LP, expressed his enthusiasm about integrating DCR into the Quantum family. He described the acquisition as a pivotal advancement in their growth strategy, which will enable the expansion of service offerings and improve operational efficiencies. The combination of expertise from both companies will provide exceptional value to their customers.

Commitment to Sustainability

This merger not only boosts Quantum’s service capabilities but also reinforces its leadership in technology reuse, responsible recycling, and sustainable IT practices. The company is dedicated to reducing electronic waste while maximizing the potential of each IT asset. This commitment enhances Quantum's logistics, downstream sales processes, and operational efficiencies.

Future Collaboration

Mark Shanahan, Vice President of Sales & Marketing at Quantum, emphasized that this acquisition marks a crucial milestone in their mission to forge true partnerships that support clients through every stage of the technology lifecycle. With DCR’s specialized knowledge, the combined firms are better equipped to guide clients in navigating the complex landscape of IT asset management.

Operational Expansion

Douglas Rayner, CEO and Founder of DCR Systems, conveyed excitement about teaming up with Quantum. He noted that this collaboration would create a leading force in Canadian IT asset disposition and lifecycle management. The partnership will enhance service offerings, extend geographic reach, and maintain a strong focus on sustainability. DCR will maintain its operations from the Richmond Hill facility, and the acquisition will increase Quantum's employee count to over 700 across 14 locations in Canada and Costa Rica.

About Quantum Lifecycle Partners

Quantum Lifecycle Partners LP specializes in IT Asset Disposition and E-Waste Recycling services. The company provides various services, including data security, refurbishment, remarketing, and recycling of used IT assets. With a legacy spanning 35 years, Quantum aspires to be the most trusted partner in managing IT products through their entire lifecycle.

About DCR Systems Group Inc.

DCR Systems Group is a Canadian provider of IT Asset Management and disposition services, offering solutions that assist businesses in managing their IT assets throughout their lifecycle. Their services include IT asset disposition, data destruction, rentals, and environmentally responsible recycling options.

acquisition, IT, services, management, sustainability