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CTL acquires 3R Technology for ITAD expansion

Apr 07, 20259 months ago

Acquiring Company

CTL

Acquired Company

3R Technology

BeavertonKentManufacturingConsulting

Description

CTL Corporation has announced its acquisition of 3R Technology, enhancing its IT asset disposition services. The acquisition enables CTL to provide environmentally responsible ITAD solutions while retaining all of 3R Technology's employees and capabilities. This move supports CTL's commitment to sustainability and innovation in technology lifecycle services.

Company Information

Company

CTL

Location

Beaverton, Oregon, United States

About

CTL is a global computing solutions manufacturer empowering success at school and in the workplace with award-winning technology products and comprehensive lifecycle services. For 35+ years, customers in more than 65 countries have relied on CTL's award-winning offerings of Chromebooks, Chromeboxes, and video collaboration tools, as well as ITAD, solution configuration, and maintenance services. As a technology partner, CTL acts as solution finders, creating tailored solutions delivered with nimble responsiveness to help customers innovate their next programs.

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M&A Insights

Based on deal data
Integration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed