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TES (Singapore)

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uuid0007myr

Namestring
TES (Singapore)
Legal namestring
SK Tes
Websiteurl
tes-amm.com
Company typeenum
Private
Founded yearint
2005
Descriptiontext

SK Tes (formerly TES, headquartered in Singapore) is a global IT Asset Disposition (ITAD) and technology lifecycle management company serving large enterprises and data center operators across more than 40 countries. The company's core offering spans IT Asset Disposition, Data Center decommissioning, secure Data Destruction (including on-site shredding), E-Waste Recycling, Managed Deployment, Spare Parts resale, Battery Recycling, and Energy Storage Systems lifecycle services. Underlying capabilities are industrial and procedural rather than software-defined: secure chain-of-custody tracking, NIST and IEEE-compliant data destruction for hard drives, SSDs, and mobile devices, certified recycling, and Carbon Loop Reporting with third-party-assured Scope 2 and Scope 3 emissions data. Differentiating infrastructure includes 31 R2-certified facilities (more than any other ITAD provider), ISO 9001/14001/45001 certified sites, and over 40 owned and operated processing facilities across 20+ countries.

The business model is predominantly enterprise professional services on a quote-based, multi-year contract structure, supplemented by hardware resale through the used spare parts stream. Revenue is generated from service fees for secure disposal, decommissioning labor, and value recovery via asset remarketing. Go-to-market is enterprise field sales with direct engagement and local-language support in every region. The customer base is diversified across industries, including named references such as Electrolux, INEOS, a global pharmaceuticals company, an airlines group, and a global home electronics manufacturer. The company reports an enterprise NPS of 71.0 and a public commitment to repurpose 1 billion kilograms of technology assets by 2030.

Strategic posture is one of steady global scale-out: leadership is anchored by CEO Gary Steele, Founder and Executive Chairman Terence Ng, and Group Chief Commercial Officer Eric Ingebretsen; M&A activity includes the 2020 acquisitions of Redeem and Custom Controllers UK; and the company participates in regional circular-economy initiatives such as the WHA WeCYCLE project in Thailand. The company is privately held, with no public ticker or disclosed funding rounds, and operates approximately 2,000+ employees worldwide.

Short descriptiontext

SK Tes is a Singapore-headquartered global IT Asset Disposition and technology lifecycle management company serving enterprises and data center operators across 40+ countries with secure data destruction, decommissioning, e-waste and battery recycling, and managed deployment services.

Operating statusenum
Operating
Ownership categoryenum
Headcount rangeband
1,001–5,000
akta.pro rankint
HeadquartersSingapore, Singapore
HQ citystring
Singapore
HQ countrystring
Singapore
HQ regionstring
Asia
Markets served

Serves global market

Offices39 records

Each record includes

City, Country, Type, Description, Source

Keyword5 values
IT asset disposition, IT lifecycle management, data center decommissioning, electronics recycling services, secure data destruction
Industry4 codes
1IT Asset Disposition (ITAD) & Secure Data Erasure
CodeBPAEAOAKPrimaryYes
2IT Asset Disposition (ITAD) Services (Data-Bearing Asset Handling)
CodeBPALAIAAPrimaryNo
3Enterprise Hardware Recycling (Servers, Storage, Networking)
CodeBPALAIAIPrimaryNo
4Certified Compliance & Reporting Services (R2/e-Stewards, Audit, ESG)
CodeBPALAIALPrimaryNo
NAICS code1 code
  • Security Systems Services56162
SIC code2 codes
  • Refuse Systems4953
  • Hazardous Waste Management4955
Product category
IT Asset Disposition Services
GTM motion1 record

Each record includes

Type, Description, Source

Revenue model6 records
1IT Asset Disposition Services
TypeProfessional Services
Description

Reverse logistics, secure data destruction, and resale or redeployment of technology devices. Revenue is generated through service fees for secure disposal and value recovery from asset remarketing.

sktes.com
2Data Center Decommissioning
TypeProfessional Services
Description

End-to-end decommissioning services including smart hands support, detailed clean-outs, cable removal, hardware repurposing, resale, and recycling.

sktes.com
3E-Waste Recycling
TypeProfessional Services
Description

Global electronics recycling services with secure data protection, certified recycling, device reuse, and carbon reporting.

sktes.com
4Battery Recycling
TypeProfessional Services
Description

Global battery recycling managing every stage from transport to repurposing and recycling of lithium-ion batteries.

sktes.com
5IT Spare Parts
TypeHardware Sales
Description

Sale of used computer parts and spare components recovered from IT assets.

sktes.com
6Managed Deployment
TypeProfessional Services
Description

IT infrastructure deployment services including initial on-site equipment audits, comprehensive rollouts, deployments, and IT relocations.

sktes.com
Marketing channels8 records

Each record includes

Title, Type, Stage, Description, Source

Distribution channels2 records

Each record includes

Title, Type, Scope, Target buyer, Description, Source

Cost components6 values
Operations, Infrastructure, Personnel, Supply Chain, Marketing or Sales, Technology or R&D
Pricing details1 tier
1Custom enterprise pricing based on asset volume and service requirements
ModelOtherBilling cadenceMulti-year contract
Notes

Quote-based pricing; solutions are tailored based on asset volume, locations, and sustainability goals

sktes.com
GTM typeB2B
B2B
Offering typeServices
Services
Core offering1 text field

TES (Singapore), operating as SK Tes, provides end-to-end IT asset disposition (ITAD) and technology lifecycle management services. The company handles the secure retirement, redeployment, and recycling of IT equipment, data center decommissioning, NIST/IEEE-compliant data destruction, e-waste recycling, managed IT deployment, lithium-ion battery recycling, and resale of recovered IT spare parts for enterprise and data center operator clients worldwide.

Differentiator
Functional benefit
Problem solved
Quantifiable outcome1 of 3 values shown
  • Net Promoter Score (NPS) of 71.0 indicating high customer satisfaction
+2 more records
Product overview1 text field

SK Tes is a global IT lifecycle management company offering a comprehensive suite of technology lifecycle services. The core offering consists of IT Asset Disposition (ITAD), Data Center Services (decommissioning), Data Destruction, On Site Shredding, E-Waste Recycling, Managed Deployment, Spare Parts (used computer parts), Battery Recycling, and Energy Storage Systems. These services work together to provide end-to-end solutions for enterprises and data center operators to manage data risk, recover value from retired IT equipment, and meet sustainability objectives through secure chain-of-custody, certified data destruction, and compliant recycling.

Product and service4 records
1IT Asset Disposition (ITAD)
CategoryIT asset disposition services
2Data Center Services
CategoryData center decommissioning services
3Data Destruction
CategorySecure data destruction services
4On Site Shredding
Scale indicator7 records

Each record includes

Type, Value, Description, Source

Partnership1 partner
1WHA WeCYCLE
Strategic tierRegionalTypeStrategic or Co-development Partner
Description

SK Tes Thailand joined the WHA WeCYCLE Circular Economy Project, a regional initiative focused on sustainable e-waste management and circular economy outcomes in Thailand.

sktes.com
Recent move6 records

Each record includes

Date, Type, Title, Description, Source

Expansion highlight5 records

Each record includes

Type, Description

Peers10 records
TypeDirect peer
Description

Apto Solutions is an ITAD and reverse logistics specialist serving enterprises and data centers, directly comparable to SK Tes across IT asset disposition, data destruction, and certified recycling.

TypeEmerging player
Description

Li-Cycle is a publicly-traded pure-play lithium-ion battery recycler; while not an ITAD peer, it is a directly comparable growth-stage player to SK Tes' battery recycling business line for end-of-life lithium-ion and energy storage system batteries.

TypeBroad incumbent
Description

Iron Mountain is a broad incumbent data and information management company with an ITAD and secure data destruction offering for enterprises, overlapping SK Tes at the data destruction and certified disposition layer of the lifecycle.

TypeDirect peer
Description

Sipi is an established North American ITAD specialist providing secure data destruction, remarketing, and certified recycling for enterprise and government clients — overlapping directly with SK Tes' core ITAD service line.

TypeDirect peer
Description

OceanTech is a US-based ITAD and e-waste recycling company operating certified facilities, providing direct competition to SK Tes for North American enterprise and data center decommissioning contracts.

TypeDirect peer
Description

Cloudblue operates an IT asset disposition and reverse logistics platform serving global enterprises, competing with SK Tes in managed deployment recovery, redeployment, and resale of retired IT equipment.

TypeBroad incumbent
Description

Veolia operates a global e-waste and hazardous materials recycling franchise including IT asset recycling in Europe and Asia, competing with SK Tes' enterprise e-waste recycling and battery recycling offerings at the global scale.

TypeDirect peer
Description

Sage is an ITAD provider focused on enterprise IT asset disposition with R2-certified facilities and ESG reporting, directly comparable to SK Tes in core ITAD and certified recycling for enterprise customers.

TypeDirect peer
Description

Sims' lifecycle services division is one of the largest direct global ITAD operators, offering e-waste recycling, data destruction, and asset recovery — directly competing with SK Tes for hyperscale and enterprise decommissioning contracts.

10DLA (Diversified Lifecycle Associates)
TypeDirect peer
Description

DLA is an ITAD and IT lifecycle services provider offering asset disposition, redeployment, and recycling services to enterprises — directly comparable to SK Tes' core ITAD and managed deployment offerings.

Market position
Strengths5 records

Each record includes

Headline, Details, Source

Weaknesses5 records

Each record includes

Headline, Details, Source

Competitive moat5 records

Each record includes

Type, Details

Key risks6 records

Each record includes

Headline, Details, Source

Key highlights7 records

Each record includes

Headline, Details, Source

Customer concentration

Classification, Details

Named customers7 records

Each record includes

Name, Industry, Type, Use case, Source, UUID

Segment4 records

Each record includes

Title, Type, Primary, Description, Pain point addressed, Use case, Source

Ideal customer profile4 records

Each record includes

Profile, Firmographic size, Sales motion, Sales cycle length, Buying structure, Purchase trigger, Buyer persona, Geography, Industry vertical, Primary use case, Description, Pain points, Evidence proof points, Target buyer

Technology focused
No
API detail
Has APIbool
No

Docs URL, Description

AI maturity
App detail

Has app

Feature3 records

Each record includes

Title, Differentiator, Description, Source

Core technology
Revenue estimate
Valuation estimate
Number of profiles
Profiles3 records

Each record includes

Name, Designation, Designation category, Overview, Profile commentary, Source

No data
Compliance4 records

Each record includes

Name, Class, Description

Funding overview

Funding stage, Last funding date, Total funding USD

Funding rounds

Each record includes

Round, Amount USD, Date, Pre money valuation, Total investors, Investors, News

Investors

Each record includes

Name, Type, Date of entry, Rounds participated, Website

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A2 records

Each record includes

Name, Acquisition type, Announced date, Completed date, Status, Website, News

Investment4 records

Each record includes

Name, Round, Announced date, Lead investor, Website, News

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

TES (Singapore)

IT Asset Disposition Servicestes-amm.com

SK Tes is a Singapore-headquartered global IT Asset Disposition and technology lifecycle management company serving enterprises and data center operators across 40+ countries with secure data destruction, decommissioning, e-waste and battery recycling, and managed deployment services.

What TES (Singapore) does

SK Tes (formerly TES, headquartered in Singapore) is a global IT Asset Disposition (ITAD) and technology lifecycle management company serving large enterprises and data center operators across more than 40 countries. The company's core offering spans IT Asset Disposition, Data Center decommissioning, secure Data Destruction (including on-site shredding), E-Waste Recycling, Managed Deployment, Spare Parts resale, Battery Recycling, and Energy Storage Systems lifecycle services. Underlying capabilities are industrial and procedural rather than software-defined: secure chain-of-custody tracking, NIST and IEEE-compliant data destruction for hard drives, SSDs, and mobile devices, certified recycling, and Carbon Loop Reporting with third-party-assured Scope 2 and Scope 3 emissions data. Differentiating infrastructure includes 31 R2-certified facilities (more than any other ITAD provider), ISO 9001/14001/45001 certified sites, and over 40 owned and operated processing facilities across 20+ countries.

The business model is predominantly enterprise professional services on a quote-based, multi-year contract structure, supplemented by hardware resale through the used spare parts stream. Revenue is generated from service fees for secure disposal, decommissioning labor, and value recovery via asset remarketing. Go-to-market is enterprise field sales with direct engagement and local-language support in every region. The customer base is diversified across industries, including named references such as Electrolux, INEOS, a global pharmaceuticals company, an airlines group, and a global home electronics manufacturer. The company reports an enterprise NPS of 71.0 and a public commitment to repurpose 1 billion kilograms of technology assets by 2030.

Strategic posture is one of steady global scale-out: leadership is anchored by CEO Gary Steele, Founder and Executive Chairman Terence Ng, and Group Chief Commercial Officer Eric Ingebretsen; M&A activity includes the 2020 acquisitions of Redeem and Custom Controllers UK; and the company participates in regional circular-economy initiatives such as the WHA WeCYCLE project in Thailand. The company is privately held, with no public ticker or disclosed funding rounds, and operates approximately 2,000+ employees worldwide.

TES (Singapore) firmographics

Firmographics
Name
TES (Singapore)
Legal name
SK Tes
Website
https://tes-amm.com
Company type
Private
Founded year
2005
Operating status
Operating
Headcount range
1,001–5,000 employees
Short description
SK Tes is a Singapore-headquartered global IT Asset Disposition and technology lifecycle management company serving enterprises and data center operators across 40+ countries with secure data destruction, decommissioning, e-waste and battery recycling, and managed deployment services.
Ownership category
akta.pro rank

TES (Singapore) industry classification

Industry
Product category
IT Asset Disposition Services
NAICS
Security Systems Services (56162)
SIC
Refuse Systems (4953), Hazardous Waste Management (4955)
akta.pro primary industry
IT Asset Disposition (ITAD) & Secure Data Erasure (BPAEAOAK)
akta.pro secondary industries
IT Asset Disposition (ITAD) Services (Data-Bearing Asset Handling) (BPALAIAA), Enterprise Hardware Recycling (Servers, Storage, Networking) (BPALAIAI), Certified Compliance & Reporting Services (R2/e-Stewards, Audit, ESG) (BPALAIAL)

Keywords

  • IT asset disposition
  • IT lifecycle management
  • Data center decommissioning
  • Electronics recycling services
  • Secure data destruction

Where TES (Singapore) is headquartered

Location

Headquarters

HQ city
Singapore
HQ country
Singapore
HQ region
Asia

Offices39 records

Markets served

TES (Singapore) business model

Business model
GTM type
B2B
Offering type
Services
Cost components
Operations, Infrastructure, Personnel, Supply Chain, Marketing or Sales, Technology or R&D

Revenue model

  1. IT Asset Disposition Services: Reverse logistics, secure data destruction, and resale or redeployment of technology devices. Revenue is generated through service fees for secure disposal and value recovery from asset remarketing.
  2. Data Center Decommissioning: End-to-end decommissioning services including smart hands support, detailed clean-outs, cable removal, hardware repurposing, resale, and recycling.
  3. E-Waste Recycling: Global electronics recycling services with secure data protection, certified recycling, device reuse, and carbon reporting.
  4. Battery Recycling: Global battery recycling managing every stage from transport to repurposing and recycling of lithium-ion batteries.
  5. IT Spare Parts: Sale of used computer parts and spare components recovered from IT assets.
  6. Managed Deployment: IT infrastructure deployment services including initial on-site equipment audits, comprehensive rollouts, deployments, and IT relocations.

Pricing tiers

ModelBillingPrice
OtherMulti-year contractCustom enterprise pricing based on asset volume and service requirements

Go-to-market motion1 record

Distribution channels2 records

Marketing channels8 records

TES (Singapore) product offering

Product offering

Core offering

TES (Singapore), operating as SK Tes, provides end-to-end IT asset disposition (ITAD) and technology lifecycle management services. The company handles the secure retirement, redeployment, and recycling of IT equipment, data center decommissioning, NIST/IEEE-compliant data destruction, e-waste recycling, managed IT deployment, lithium-ion battery recycling, and resale of recovered IT spare parts for enterprise and data center operator clients worldwide.

Product overview

SK Tes is a global IT lifecycle management company offering a comprehensive suite of technology lifecycle services. The core offering consists of IT Asset Disposition (ITAD), Data Center Services (decommissioning), Data Destruction, On Site Shredding, E-Waste Recycling, Managed Deployment, Spare Parts (used computer parts), Battery Recycling, and Energy Storage Systems. These services work together to provide end-to-end solutions for enterprises and data center operators to manage data risk, recover value from retired IT equipment, and meet sustainability objectives through secure chain-of-custody, certified data destruction, and compliant recycling.

Differentiator

Problem solved

Functional benefit

Products and services

  • IT Asset Disposition (ITAD)
  • Data Center Services
  • Data Destruction
  • On Site Shredding

Quantifiable outcome

  • Net Promoter Score (NPS) of 71.0 indicating high customer satisfaction
  • +2 more outcomes

Companies that use TES (Singapore)

Customer profile

Named customers7 records

Segments4 records

Ideal customer profiles4 records

TES (Singapore) technology and API

Technology

Technology focussed No

API detail

Has API
No
API docs
API detail

Core technology

AI maturity

App detail

Feature3 records

TES (Singapore) partnerships and signals

Strategic signal

Partnerships

One partnership is on record.

  • WHA WeCYCLEregionalStrategic or Co-development PartnerSK Tes Thailand joined the WHA WeCYCLE Circular Economy Project, a regional initiative focused on sustainable e-waste management and circular economy outcomes in Thailand.

Scale indicators7 records

Recent moves6 records

Expansion highlights5 records

TES (Singapore) competitors and assessment

Company assessment

Direct peers

  • Apto Solutions: Apto Solutions is an ITAD and reverse logistics specialist serving enterprises and data centers, directly comparable to SK Tes across IT asset disposition, data destruction, and certified recycling.
  • Sipi Asset Recovery: Sipi is an established North American ITAD specialist providing secure data destruction, remarketing, and certified recycling for enterprise and government clients — overlapping directly with SK Tes' core ITAD service line.
  • OceanTech: OceanTech is a US-based ITAD and e-waste recycling company operating certified facilities, providing direct competition to SK Tes for North American enterprise and data center decommissioning contracts.
  • Cloudblue (ITAD division): Cloudblue operates an IT asset disposition and reverse logistics platform serving global enterprises, competing with SK Tes in managed deployment recovery, redeployment, and resale of retired IT equipment.
  • Sage Sustainable Electronics: Sage is an ITAD provider focused on enterprise IT asset disposition with R2-certified facilities and ESG reporting, directly comparable to SK Tes in core ITAD and certified recycling for enterprise customers.
  • Sims Lifecycle Services (Sims Limited): Sims' lifecycle services division is one of the largest direct global ITAD operators, offering e-waste recycling, data destruction, and asset recovery — directly competing with SK Tes for hyperscale and enterprise decommissioning contracts.
  • DLA (Diversified Lifecycle Associates): DLA is an ITAD and IT lifecycle services provider offering asset disposition, redeployment, and recycling services to enterprises — directly comparable to SK Tes' core ITAD and managed deployment offerings.

Emerging players

  • Li-Cycle: Li-Cycle is a publicly-traded pure-play lithium-ion battery recycler; while not an ITAD peer, it is a directly comparable growth-stage player to SK Tes' battery recycling business line for end-of-life lithium-ion and energy storage system batteries.

Broad incumbents

  • Iron Mountain: Iron Mountain is a broad incumbent data and information management company with an ITAD and secure data destruction offering for enterprises, overlapping SK Tes at the data destruction and certified disposition layer of the lifecycle.
  • Veolia Environmental Services: Veolia operates a global e-waste and hazardous materials recycling franchise including IT asset recycling in Europe and Asia, competing with SK Tes' enterprise e-waste recycling and battery recycling offerings at the global scale.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

TES (Singapore) social profiles

Digital presence

TES (Singapore) compliance and trust

Trust signal

Compliance4 records

TES (Singapore) financial estimates

Financial estimate

Revenue estimate

Valuation estimate

TES (Singapore) leadership team

Management profile

Number of profiles

Profiles3 records

TES (Singapore) funding detail

Funding detail

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

TES (Singapore) M&A and investment

M&A and investment

M&A2 records

Investments4 records

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about TES (Singapore)

What does TES (Singapore) do?

TES (Singapore), operating as SK Tes, provides end-to-end IT asset disposition (ITAD) and technology lifecycle management services. The company handles the secure retirement, redeployment, and recycling of IT equipment, data center decommissioning, NIST/IEEE-compliant data destruction, e-waste recycling, managed IT deployment, lithium-ion battery recycling, and resale of recovered IT spare parts for enterprise and data center operator clients worldwide.

Is TES (Singapore) a public or private company?

TES (Singapore) is a private company. It is classified as unknown and is currently operating.

When was TES (Singapore) founded?

TES (Singapore) was founded in 2005. It employs 1,001 to 5,000 people.

Where is TES (Singapore) based?

TES (Singapore) is headquartered in Singapore, Singapore, in the Asia region.

How does TES (Singapore) make money?

Six revenue lines are on record. IT Asset Disposition Services are the primary driver. The others are data Center Decommissioning, E-Waste Recycling, battery Recycling, IT Spare Parts and managed Deployment.

Who are TES (Singapore)'s main competitors?

Direct peers on record are Apto Solutions, Sipi Asset Recovery, OceanTech, Cloudblue (ITAD division), Sage Sustainable Electronics, Sims Lifecycle Services (Sims Limited) and DLA (Diversified Lifecycle Associates). Li-Cycle is listed as an emerging player. Broad incumbents are Iron Mountain and Veolia Environmental Services.

Does TES (Singapore) have an API?

No public API is recorded for TES (Singapore).

What industry is TES (Singapore) in?

TES (Singapore)'s product category is IT Asset Disposition Services. Its primary akta.pro industry code is BPAEAOAK, IT Asset Disposition (ITAD) & Secure Data Erasure, with a secondary code of BPALAIAA, IT Asset Disposition (ITAD) Services (Data-Bearing Asset Handling). Its NAICS code is 56162 and its SIC code is 4953.

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Live signals
GlobeNewswireTES and Strides Mobility Sign Memorandum of Understanding on EV BatteriesTES signed a memorandum of understanding with Strides Mobility to collaborate on EV battery recycling and charging infrastructure in Singapore. The agreement includes battery life cycle assessment, safe handling of end-of-life batteries, and TES's 2nd Life Energy Storage System for Strides' charging stations. The partnership aims to support Singapore's leadership in e-mobility.GlobeNewswireTES Expands US Operations by Adding a Fourth FacilityTES is opening a fourth US facility in Las Vegas, expanding its IT asset disposition services. The 40,000-square-foot facility will offer data destruction, decommissioning, and asset redeployment, with an anticipated opening in January 2023. The investment brings TES's North American ITAD infrastructure to nearly $10 million.GlobeNewswireSK ecoplant Has Acquired a 100% Stake in TES, a Global Sustainable IT and Battery Lifecycle Services Market LeaderSK ecoplant, with Navis Capital Partners, agreed to acquire 100% of TES for $1 billion, expected to close in Q2 2022. The deal aims to accelerate SK ecoplant's entry into global sustainable IT lifecycle services and battery recycling. TES targets repurposing one billion kilograms of assets by 2030.GlobeNewswireTES Joins UN Global Compact to Advance Sustainable DevelopmentTES, a global leader in sustainable technology lifecycle services, has been accepted as a participant in the United Nations Global Compact. The company joins over 15,000 companies and 4,000 nonbusiness participants, aligning with the compact's 10 principles. TES aims to transform and repurpose 1 billion kg of assets by 2030.