Intechra acquires gold circuit.

Intechra Holding Corp., based in Jackson, Miss., has acquired Gold Circuit, an Arizona-based information technology asset disposition (ITAD) company. The terms of the transaction were not disclosed.

"Gold Circuit has built a strong client base and will accelerate our ability to capture more of the recycling market, which we believe is increasingly important to our clients and prospects," Intechra CEO Chip Slack says.

Intechra currently operates facilities in Dallas, Phoenix and Columbus, Ohio. The company's Dallas location can process 1 million pounds of electronic assets per month. With the addition of Gold Circuit's facility in Casa Grande, Ariz., the company gains 5 million pounds per month of processing capacity, bringing Intechra's recycling capacity to 6 million pounds, or 250,000 assets, per month.

"Having significant in-house recycling capabilities reduces our reliance on downstream partners and will further enhance our ability to ensure environmental compliance," Slack says.

Jim Greenberg, president of Gold Circuit, founded the company in 1991. Today, Gold Circuit has 81 employees at its two Arizona processing facilities.

"Becoming part of the fastest growing ITAD company in North America makes a lot of sense for Gold Circuit," Greenberg says. "The ITAD industry is consolidating rapidly, and Intechra is driving that consolidation. Having seen them successfully integrate an even larger company this past year, I am also very confident of their ability to successfully bring the two companies together," Greenberg adds.

Intechra merged with RetroBox in January 2006, creating what it claims is the largest vertically integrated ITAD company in the United States.

Intechra plans to merge Gold Circuit's Chandler plant into its Phoenix processing plant. Gold Circuit's Casa Grande plant will remain open. Intechra also plans to put processes in place at the Casa Grande plant to achieve ISO quality certification. Intechra's three existing facilities are ISO certified.