Corridor-based DGSE Companies, Inc. recently announced that it completed the purchase of Teladvance Partners LLC, an IT-asset disposition (“ITAD”) company, through its wholly-owned subsidiary Corrent Resources, LLC. DGSE Companies is a leading retail, recommerce and wholesale dealer headquartered in Dallas, Texas. Its stock symbol is “DGSE”. This sale comes a few months after Corrent Resources, LLC purchased the assets of two other ITAD companies ITAD USA, LLC and Echo Environmental.
“We are elated to introduce Teladvance’s customers to the Corrent family of recommerce companies and further enhance the level of ITAD services offered to them through Corrent’s deeper resources,” said Rob Winchester, Teladvance’s Director of Business Development, in a recent press release. “We are committed to making these greatly needed services available to our customers. And combining Teladvance with Corrent allows us to offer them at a truly world-class level,” added Winchester.
Headquartered in Addison, Texas, Teladvance focuses on managing end-of-life processes for IT assets, including those of some of the world’s best-known brands and public companies. The company seeks to reduce overall IT costs and dispose of unneeded equipment in a secure and ecologically-responsible manner.
“We believe this latest acquisition will further accelerate Corrent’s growth and enhance its brand by expanding its products, service portfolio and expertise in the ITAD arena. We are proud to welcome Teladvance to the Corrent team, and we look forward to accomplishing great things together” said Tommy McGuire, Corrent’s President.