Flex IT
Making hardware circular
Sectors
Business ServicesWebsite
flexitdistribution.comFlex IT is a leading European IT distributor of circular IT hardware, software and services providing sustainable IT solutions to organizations in the commercial and public sector. Flex IT operates in two divisions, where the Distribution business focuses on distribution of refurbished and renewed IT products (such as EOL, ITAD and Demo products), and the Rent business rents out new and refurbished IT hardware which is later sold through the Distribution business.
Why we believe in Flex IT
- Refurbished IT hardware represents an attractive market niche in the overall IT hardware market and contributes to a more circular and sustainable world
- Flex IT is a leading pan-European distributor of refurbished and renewed IT equipment and solutions with a strong online platform and sales force
- Strong logic for consolidation of a fragmented market and several organic growth opportunities including international expansion
About Flex IT
2023 turnover (CY)
EUR 112M
Employees
~200
Investment date
Mar 2016
Fund
Fund IV
Team
Andreas Mayer | CEO
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Our Business Services community
2023 turnover (Calendar year)
EUR 1408M
Employees
~3100
Investment date
Jun 2020
Fund
Fund V
2023 turnover (Calendar year)
EUR 112M
Employees
~200
Investment date
Mar 2016
Fund
Fund IV
2023 turnover (Calendar year)
EUR 372M
Employees
~2630
Investment date
Aug 2017
Fund
Fund IV
2023 turnover (Calendar year)
EUR 2257M
Employees
~31820
Investment date
Dec 2021
Fund
Fund V
2023 turnover (Calendar year)
EUR 114M
Employees
~1190
Investment date
May 2018
Fund
Fund IV
2023 turnover (Calendar year)
EUR 343M
Employees
~1450
Investment date
Jun 2022
Fund
Fund V
2023 turnover (Calendar year)
EUR 352M
Employees
~470
Investment date
Jul 2019
Fund
Fund IV
2023 turnover (Calendar year)
EUR 1513M
Employees
~2310
Investment date
Jan 2010
Fund
Fund II
2023 turnover (Calendar year)
EUR 120M
Employees
~1340
Investment date
Jun 2016
Fund
Fund IV
2023 turnover (Calendar year)
EUR 739M
Employees
~30150
Investment date
Mar 2015
Fund
Fund IV
2023 turnover (Calendar year)
EUR 179M
Employees
~1190
Investment date
Feb 2023
Fund
Fund VI
2023 turnover (Calendar year)
EUR 744M
Employees
~1620
Investment date
Aug 2007
Fund
Fund II
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