The combination will create a leading European circular IT platform. The transaction supports the continued growth and international expansion of both businesses and further strengthens their position in the European circular IT market.
The team advised Altor Equity Partners throughout the full auction process relating to the sale of Flex IT to Eurazeo, leading the drafting and negotiation of the transaction documentation and providing strategic legal advice from launch of the process through to signing and closing.
From its offices in eight European countries, Flex IT serves over 35 different countries worldwide, supported by operational ITAD and refurbishment capacity in Leiden, the Netherlands and ToruĊ, Poland. Flex IT had revenues of about EUR 120 million in 2025.
Altor is a Nordic private equity investment firm founded in 2003 who support the development of businesses across a range of sectors.
