Eurazeo Acquires T1A Group to Boost IT Circular Economy in Denmark

Eurazeo, through its Planetary Boundaries Fund, has acquired a majority stake in the Danish IT firm, T1A Group. This marks Eurazeo's first entry into Denmark and represents the fund's third investment. T1A, founded in 2001, is a leader in IT Asset Disposition, refurbishing over 250,000 data-carrying units annually. This acquisition aligns with Eurazeo's strategy to address environmental challenges by extending the lifecycle of IT equipment, thus reducing emissions and waste.

The investment aims to bolster T1A's growth strategy through organic expansion and acquisitions, enhancing its presence in key European markets. Peter Hemicke, T1A’s founder, will continue to lead the company, spearheading strategic growth and innovation in the circular IT economy.