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Flex IT and T1A have combined to create a European circular IT platform with revenue of approximately €150M, funded by Eurazeo and Dansk Vækstkapital.

PRIVATESep 07, 2026•about 10 hours ago

Amount Raised

€150 Million

Round Type

Venture - Series Unknown

Leiden

Investors

Dansk VækstkapitalEurazeo Planetary Boundaries Fund

Description

Flex IT and T1A Group have announced their combination, establishing a circular IT platform in Europe. This merger enables a comprehensive service for managing corporate IT equipment, from collection to resale. The transaction is supported by the Eurazeo Planetary Boundaries Fund and Dansk Vækstkapital. The partnership aims to enhance the sustainability of IT equipment lifecycle management.

Company Information

Company

Flex IT and T1A Group

Location

Leiden, South Holland, Netherlands

About

Flex IT and T1A Group have combined to form a European platform in circular IT, generating approximately €150 million in revenue. Flex IT distributes new and refurbished IT hardware across Europe, while T1A specializes in the collection, data erasure, and refurbishment of corporate IT equipment. The partnership aims to create a comprehensive solution for the lifecycle of IT equipment, enhancing reuse and sustainability in the industry.

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Flex IT and T1A Group raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

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