Shift Group and GEEP Canada merge to form Quantum Lifecycle Partners
New company expected to become the most vertically integrated electronics recycler and ITAD services provider in Canada
The Canadian operations of GEEP Canada and The Shift Group of Companies (consisting of Shift Recycling and Revolution) have merged to form Canada's most vertically integrated electronics recycler and ITAD services provider.
"I am excited to bring these two organizations together under one brand and one vision with two incredible shareholder groups." said Gary Diamond, founder of Shift Recycling and President of the newly formed Quantum Lifecycle Partners. "There are synergies we will unlock to create a sustainable company for all our stakeholders, especially our team members and customers."
The two companies will officially launch as Quantum Lifecycle Partners LP on October 1, 2019. Initially, no changes in day-to-day operations will be experienced and as Quantum begins to optimize operations, service offerings will expand for all our customers.
Quantum Lifecycle boasts unmatched reach across Canada with eight facilities in four provinces and over 400 employees dedicated to providing world class solutions to all of our customers and stakeholders.
"The devices we recycle, refurbish and resell along with the EPR laws under which we operate are becoming increasingly complex." said Gary Diamond. "Quantum is well positioned to tackle both of these challenges with a sustainable corporate structure and scale required to service customers from coast to coast."