Renew IT (Hardware, Information Technology) — Funding, Investors & Signals 2026

Renew IT

Innovative Managed Services: Bridging Assets, Systems, and Security

Founded 2008

Australia 104 employees Hardware, Information Technology

Renew IT is the largest ITAD and Asset Lifecycle Management Service provider in Australia and New Zealand. Founded in 2008, the company focuses on providing lifecycle IT hardware solutions and has expanded its presence over the last 14 years. In 2021, Renew IT acquired Verser Technology Lifecycles from Macquarie Bank, solidifying its position as the leading ITAD provider in the region. Renew IT's core business involves purchasing ex-lease assets from the Education and Corporate sector, offering asset deployment and end-of-life services. The company deals in a wide range of IT assets including Laptops, Desktops, Storage, Networking Equipment, and Servers, and serves a global clientele. With a strong emphasis on relationships and a solid track record, Renew IT ensures top-notch service at all times. The company holds several certifications including ISO:9001, ISO:14001, ISO:27001, ISO45001, and AS/NZS:5377, showcasing its commitment to quality and compliance. The acquisition of Verser Technology Lifecycles in 2021 further enhances Renew IT's technical support and service capabilities, with the company now operating seven processing facilities across Australia and New Zealand. Renew IT has received industry recognition, being awarded for its impressive organic growth. The acquisition of Verser has been recognized as a strategic move, positioning Renew IT as the number one ITAD company in Australia and New Zealand. CEO and Founder James Lancaster emphasized the significance of the acquisition in strengthening the company's position and expanding its national coverage. With its strong organic growth and strategic acquisitions, Renew IT presents an attractive opportunity for potential investors seeking exposure in the Hardware and Information Technology industries.

FAQ About Renew IT

Innovative Managed Services: Bridging Assets, Systems, and Security

Renew IT was founded in 2008.

Renew IT is headquartered in Australia.

Renew IT operates in the following industries: Hardware, Information Technology.

Renew IT has approximately 104 employees.

Top alternatives and competitors to Renew IT include Virium Technology, WissenPro LLC, Beyond Secure Inc, HTG, Inc., Asset General, Inc.. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.

Renew IT and Virium Technology are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

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