Renew IT Revenue and Competitors

Renew IT was founded in 2008 to provide clients with lifecycle IT Hardware solutions. The business has expanded over the last 14 years acquiring Verser Technology Lifecycles in 2021 from Macquarie Bank. Making Renew IT the largest ITAD provider in Australia. A large part of our business is purchasing ex-lease of ageing assets from the Education and Corporate sector. Providing our clients with asset deployment and end of life services. We purchase Laptops, Desktops, Storage, Networking Equipment and Servers and supply to our large network of clients globally. Our business is built on relationships and a solid track record so you can be assured of the best of service at all times. We are a global business and offer free collection worldwide on all our IT asset buybacks taking the stress of logistics away from our clients. We hold ISO:9001, ISO:14001, ISO:27001, ISO45001 and AS/NZS:5377 Certified. In 2021 we acquired r2 accredited IT Lifecycle services company Verser Technology Lifecycles. The acquisition follows 14 years of strong organic growth for Renew IT and will enable us to expand our technical support and service capabilities. With seven processing facilities across Australia and New Zealand, the move will bolster our position as the leading Information Technology Asset Disposition (ITAD) provider in Australia and New Zealand. Founded in 2008, Renew IT is an award-winning business that has been recognised by CRN and the Financial Times for its strong organic growth over the last five years. CEO and Founder James Lancaster said: “The acquisition of Verser is an important step in our growth strategy that not only complements but strengthens Renew IT in many ways. The exceptional service that Verser provides in Australia provides us with a strong platform to provide true national coverage. This move will make us the number one ITAD company in Australia and New Zealand, which is exciting news for our customers”.