IT rental company IRENT becomes part of the Circular IT Group, portfolio company of Waterland Private Equity. IRENT is the circular market leader in Europe in the rental and "as a service" provision of IT equipment. Hogenhouck m&a guided the transaction for IRENT's shareholders.
Accelerating transition to circular economy
IRENT is the European market leader in the rental and 'as a service' provision of server, storage and networking equipment. With flexible and sustainable IT solutions, IRENT ensures continuity and cost savings for organizations. The equipment can be used optimally at the times when organizations actually need it.
Flexible and sustainable IT solutions
With a specialized team, IRENT serves mid-market companies and enterprises across Europe; from data center solutions to workstation equipment and from high-end systems to complete IT infrastructures. For this, IRENT works with renowned partners such as NVIDIA, Nutanix, Microsoft, Lenovo, IBM, HPE, Dell EMC & Cisco.
Synergy for complementary services
Circular IT Group is a specialist in extending the life of IT assets. Joining the forces of the two companies will optimize the use of IT assets and extend their lifespan. The combined group will seek far-reaching cooperation across the breadth of activities. The complete portfolio of circular solutions reduces CO2 emissions and raw material consumption.
More than 10,000 customers worldwide
With its product and service offerings, the group serves more than 10,000 customers worldwide, from business end-users, to service providers and consumers. The group is headquartered in Zoetermeer, with additional locations in Almere, Amersfoort and Singapore. The group employs a total of 126 FTEs.
Closing a chapter
Entrepreneur Rob Smit started the forerunner of IRENT in 2004. After almost 20 years he formally hands over the baton. Rob Smit: "The transfer of almost 20 years of life's work is for me the closure of a chapter. For the colleagues it offers great growth opportunities for the future. I am proud of what we have achieved together." Ivo de Heus, Managing Director IRENT: "As part of the Circular IT Group, we can offer our European customers a full service and complete circular IT solution. In addition, this partnership gives our team maximum opportunities to achieve our European growth ambitions."
Broad offerings in the circular economy
Mathieu Sueters, Corporate Development Director Circular IT Group said, "IRENT has become an important and professional circular player in the rental and hardware-as-a-service market. The transition to circular IT solutions is essential to meet the goals for future-proof connectivity, the circular economy, CO2 emissions and biodiversity. We are therefore making every effort to contribute to this."
