CentricsIT
CentricsIT is a global IT lifecycle management company providing IT asset disposition, secondary-market hardware procurement, third-party maintenance, and IT rentals to enterprise data centers across 100+ countries. Founded in 2007 and headquartered in Norcross, Georgia, it now operates hardware resale and ITAD operations following the 2022 divestiture of its professional services division to Park Place Technologies.
- Company typePrivate
- Founded2007
- HeadquartersNorcross, United States
- Headcount101–250
- GTM typeB2B
- OfferingServices
What CentricsIT does
CentricsIT is a privately held IT lifecycle management company headquartered in Norcross, Georgia, founded in 2007 by Derek Odegard. The company provides four integrated service lines to enterprise customers: IT Asset Disposition (ITAD) including data destruction, sanitization, certified recycling, secure chain of custody, and value recovery; secondary-market hardware procurement and resale of servers, storage, networking, end-user compute, and parts; third-party multi-vendor maintenance across major OEMs; and IT hardware rentals and leasing. Operations span 45 facilities in 20+ countries, with service reach across 100+ countries and dedicated offices in Toronto, Dubai, and Prague, supported by $10M+ in procurement inventory and $25M+ in rental inventory from manufacturers including Dell, HPE, Cisco, IBM, and NetApp.
The company's underlying technology is CentricsIQ, a proprietary portal that automates ITAD workflows, providing real-time order management, inventory tracking, job-status visibility, environmental impact reporting, and a compliance-document repository; GPS-enabled STUDD lockable bins provide secure chain-of-custody during transport. Norcross operations are certified to R2v3, ISO 9001:2015, ISO 14001:2015, ISO 45001:2018, and comply with HIPAA, NIST 800-88, GDPR, SOX, and GLBA, which underwrites the company's ability to serve regulated industries such as healthcare, financial services, and telecommunications. Pricing is quote-based: hardware is sold at 50-80% below traditional distribution channels, third-party maintenance at 40-70% below OEM maintenance, with multi-year maintenance contracts and customizable SLAs including 4-hour onsite response.
CentricsIT generates revenue through professional service fees for ITAD, transaction-based hardware resale, subscription-based third-party maintenance contracts with no price increases over equipment life, and monthly rental and leasing payments. The customer base is concentrated in large enterprises across healthcare, financial services, transportation, telecommunications, and consulting. In December 2022, Park Place Technologies acquired CentricsIT's global professional services division; the LLC continues to operate independently around hardware resale, ITAD, and rentals, with founder Derek Odegard as CEO.
CentricsIT firmographics
Firmographics- Name
- CentricsIT
- Legal name
- CentricsIT, LLC
- Website
- https://centricsit.com
- Company type
- Private
- Founded year
- 2007
- Operating status
- Operating
- Headcount range
- 101–250 employees
- Short description
- CentricsIT is a global IT lifecycle management company providing IT asset disposition, secondary-market hardware procurement, third-party maintenance, and IT rentals to enterprise data centers across 100+ countries. Founded in 2007 and headquartered in Norcross, Georgia, it now operates hardware resale and ITAD operations following the 2022 divestiture of its professional services division to Park Place Technologies.
- Ownership category
- akta.pro rank
CentricsIT industry classification
Industry- Product category
- IT Asset Disposition and Hardware Lifecycle Services
- NAICS
- Electronic and Precision Equipment Repair and Maintenance (811210), Electronic and Precision Equipment Repair and Maintenance (81121), Computer Systems Design and Related Services (54151), Computing Infrastructure Providers, Data Processing, Web Hosting, and Related Services (518)
- SIC
- Refuse Systems (4953), Wholesale-Hardware (5072), Services-Computer Rental & Leasing (7377), Services-Computer Programming, Data Processing, Etc. (7370)
- akta.pro primary industry
- IT Asset Disposition (ITAD) Services (Data-Bearing Asset Handling) (BPALAIAA)
- akta.pro secondary industries
- Data Destruction Services (On-site/Off-site, Media Sanitization) (BPALAIAC), Certified Compliance & Reporting Services (R2/e-Stewards, Audit, ESG) (BPALAIAL), Hardware Deployment, Break/Fix & Spare Parts Logistics (HDABANAL), Enterprise Hardware Recycling (Servers, Storage, Networking) (BPALAIAI), IT Asset Disposition (ITAD) & Secure Data Erasure (BPAEAOAK)
Keywords
Where CentricsIT is headquartered
LocationHeadquarters
- HQ city
- Norcross
- HQ country
- United States
- HQ region
- North America
Offices4 records
Markets served
CentricsIT business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Supply Chain, Infrastructure, Technology or R&D, Marketing or Sales
Revenue model
- IT Asset Disposition (ITAD) Services: Comprehensive ITAD services including equipment decommissioning, data destruction, asset evaluation and recovery, value recovery through remarketing/consignment, and certified recycling. Revenue is generated through service fees for data destruction and sanitization, as well as value recovery from equipment resale.
- Hardware Sales (New and Refurbished): Global independent distributor of new and refurbished IT hardware including servers, storage, networking, end user compute, and parts/components. Maintains $10 million in inventory and sources globally. Revenue generated through equipment sales with clients saving 50-80% compared to traditional distribution channels.
- Third-Party Maintenance Services: Multi-vendor IT maintenance services that support equipment from all major OEMs including servers, storage, networking, PBX/IP telephony, and mobile devices. Provides 24x7x365 support with customizable SLAs including 4-hour response and NBD options. Generates 40-70% savings compared to OEM maintenance costs.
- IT Hardware Rentals and Leasing: Short-term technology equipment rentals ranging from one week to twelve months, and leasing programs with flexible upgrades, no money down options, and end-of-lease buyouts. Maintains over $25 million in rental inventory from major manufacturers. Revenue generated through rental fees and lease payments.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Other | Pay-as-you-go | Enterprise ITAD Services |
| Transaction based/ take rate | Pay-as-you-go | Hardware Procurement |
| Subscription | Multi-year contract | Third-Party Maintenance |
| Other | Monthly | Rentals and Leasing |
Go-to-market motion2 records
Distribution channels3 records
Marketing channels5 records
CentricsIT product offering
Product offeringCore offering
CentricsIT is a global IT lifecycle management provider delivering IT asset disposition (ITAD), hardware procurement, multi-vendor third-party maintenance, and IT hardware rentals and leasing for enterprise customers. The company secures end-of-life hardware through chain-of-custody logistics, certified data destruction and sanitization, remarketing, and environmentally responsible recycling. It also acts as an OEM-agnostic distributor of new and refurbished servers, storage, networking, and end-user compute equipment, while supporting that hardware with 24x7x365 multi-vendor maintenance services.
Product overview
CentricsIT is a global IT lifecycle management company offering a unified platform of IT asset disposition and hardware procurement services. The core offerings include ITAD services (IT Asset Disposition, Data Destruction, Data Sanitization, Certified Recycling, Secure Chain of Custody, Global Resale Network, Donation Services), complemented by Hardware Procurement (Servers, Storage, Networking, End User Compute, Parts and Components), Third-Party Maintenance (Global IT Support Services, Supported Product Lines, IT Service Level Agreements, Coverage Map), and Rentals & Leasing (Short-Term Rentals, Bulk Laptop Rentals, Proof of Concept Staging, Testing and Disaster Recovery). The company is powered by CentricsIQ, an enterprise ITAD portal for real-time tracking and reporting. With over $10 million in procurement inventory and $25 million in rental inventory, the company serves clients in over 100 countries through 45 global facilities.
Differentiator
Problem solved
Functional benefit
Products and services
- IT Asset Disposition (ITAD) Comprehensive global IT asset disposition services for enterprises covering equipment decommissioning, data destruction, asset evaluation and recovery, value recovery through remarketing/consignment, certified recycling, and environmental impact reporting, delivered with secure chain-of-custody logistics.
- Data Center Decommissioning
Quantifiable outcome
- Clients save 50-80% on hardware purchases versus traditional distribution channels
- +3 more outcomes
Companies that use CentricsIT
Customer profileNamed customers6 records
Segments1 record
Ideal customer profiles2 records
CentricsIT technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature4 records
CentricsIT partnerships and signals
Strategic signalPartnerships
Three partnerships are on record, tiered core and strategic.
- R2 Certified Recyclers NetworkcoreCentricsIT is R2 certified and only works with other R2-certified recyclers and ITAD companies, ensuring environmental, quality, health and safety, and data security standards across the network. The R2 (Responsible Recycling) certification is accredited by the EPA and housed by SERI, setting the standard as the most widely adopted standard for used electronics worldwide.
- ISO 14001 Certified E-Waste RecyclerscoreAll recycling of non-hazardous materials and e-waste is performed by certified ISO14001 recyclers, ensuring EPA-compliant and environmentally responsible disposal practices.
- Importers of Record (IOR) SpecialistsstrategicCentricsIT maintains relationships with IOR specialists at international locations who know the ins-and-outs of their particular import and export laws and regulations. These partners provide detailed shipping instructions, classification regulations, and assist with VAT compliance for smooth customs processing.
Scale indicators10 records
Recent moves6 records
Expansion highlights4 records
CentricsIT competitors and assessment
Company assessmentBroad incumbents
- Iron Mountain: Global leader in records and information management that has built a substantial ITAD and data destruction practice (Iron Mountain Data Centers / ITAD). Direct overlap in secure data destruction, chain-of-custody logistics, and enterprise IT asset disposition, though Iron Mountain serves a much broader storage and records management portfolio.
- Ingram Micro: Global IT distribution and lifecycle services giant offering ITAD, configuration, deployment, and remarketing alongside its primary distribution business. Overlaps with CentricsIT's hardware procurement, deployment, and reverse logistics offerings at much larger scale.
Direct peers
- Cascade Asset Management: Mid-sized US ITAD provider offering data destruction, equipment refurbishment, resale, and recycling with a comparable enterprise customer focus. Overlaps on R2 certification, NIST-aligned data sanitization, and value-recovery services for end-of-life enterprise hardware.
- CXtec: Provider of secondary-market networking and server hardware, equal2new refurbished equipment, and third-party maintenance under the CableXchange brand. Closely mirrors CentricsIT's combined hardware resale and TPM proposition for enterprise data center buyers.
- HOBI International: IT asset management and disposition company providing ITAD, data destruction, remarketing, and reverse logistics. Directly comparable on enterprise data center decommissioning, certified recycling, and resale services.
- Park Place Technologies: Global third-party maintenance provider that acquired CentricsIT's professional services division in December 2022. Direct overlap in multi-vendor maintenance, with broader scale and OEM relationships; now a former parent and the most direct competitor in the TPM line retained by CentricsIT.
- Sims Lifecycle Services: Specialist ITAD and electronics recycling business of Sims Limited operating a global network of processing facilities. Direct competitor across enterprise IT asset disposition, data destruction, and remarketing, with comparable certifications (R2, e-Stewards) and similar enterprise customer profile.
- ERI (Electronic Recyclers International): One of the largest US-based ITAD and electronics recycling companies, R2v3 and e-Stewards certified, providing data destruction, IT asset recovery, and recycling for enterprise and government clients. Directly comparable scope, certification profile, and customer mix in the ITAD core.
- Curvature: Independent provider of new and refurbished enterprise networking, server, and storage hardware combined with third-party maintenance and IT lifecycle services. Highly comparable on the secondary-market hardware and multi-vendor TPM lines, with significant overlap in target customers (mid-market and enterprise data centers).
- OceanTech: Mid-market ITAD and electronics recycling firm focused on enterprise asset disposition, data destruction, and resale. Comparable certifications, customer profile, and service scope; competes for the same end-of-life data center contracts.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks6 records
Key highlights7 records
Customer concentration
CentricsIT social profiles
Digital presenceCentricsIT compliance and trust
Trust signalCompliance9 records
CentricsIT financial estimates
Financial estimateRevenue estimate
Valuation estimate
CentricsIT leadership team
Management profileNumber of profiles
Profiles4 records
CentricsIT funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
CentricsIT M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about CentricsIT
What does CentricsIT do?
CentricsIT is a global IT lifecycle management provider delivering IT asset disposition (ITAD), hardware procurement, multi-vendor third-party maintenance, and IT hardware rentals and leasing for enterprise customers. The company secures end-of-life hardware through chain-of-custody logistics, certified data destruction and sanitization, remarketing, and environmentally responsible recycling. It also acts as an OEM-agnostic distributor of new and refurbished servers, storage, networking, and end-user compute equipment, while supporting that hardware with 24x7x365 multi-vendor maintenance services.
Is CentricsIT a public or private company?
CentricsIT is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was CentricsIT founded?
CentricsIT was founded in 2007. It employs 101 to 250 people.
Where is CentricsIT based?
CentricsIT is headquartered in Norcross, United States, in the North America region.
How does CentricsIT make money?
Four revenue lines are on record. IT Asset Disposition (ITAD) Services are the primary driver. The others are hardware Sales (New and Refurbished), third-Party Maintenance Services and IT Hardware Rentals and Leasing.
Who are CentricsIT's main competitors?
Broad incumbents on record are Iron Mountain and Ingram Micro. Direct peers are Cascade Asset Management, CXtec, HOBI International, Park Place Technologies, Sims Lifecycle Services, ERI (Electronic Recyclers International), Curvature and OceanTech.
Does CentricsIT have an API?
No public API is recorded for CentricsIT.
What industry is CentricsIT in?
CentricsIT's product category is IT Asset Disposition and Hardware Lifecycle Services. Its primary akta.pro industry code is BPALAIAA, IT Asset Disposition (ITAD) Services (Data-Bearing Asset Handling), with a secondary code of BPALAIAC, Data Destruction Services (On-site/Off-site, Media Sanitization). Its NAICS code is 811210 and its SIC code is 4953.