PedalPoint Acquires Sustainable IT Service Provider MDSi; ITAD M&A Continues Strong

PedalPoint, backed by Korea Zinc, has acquired MDSi (Managed Data Systems International). Financial terms were not disclosed, though one report said the purchase price was around $100 million. The deal reinforces strong M&A (merger and acquisition) activity across the worldwide ITAD (IT asset disposition) market.

PedalPoint, based in New York, specializes in electronics recycling, zero waste and carbon neutrality iniatiatives. Parent Korea Zinc, founded in 1974, has been expanding from its metals businesses into renewable energy and sustainable IT services.

MDSi, founded in 1990, is based in Alpharetta, Georgia. The company had 210 employees listed on LinkedIn as of August 2025. MDSi specializes in professional services, technology sourcing and integration, and supply chain solutions. On the circular-economy front, MDSi's services include on-site equipment decommissioning; asset retirement; redeployment of strategic assets; and disposal or resal of non-strategic assets.

The M&A deal "brings MDSi expanded warehouse and logistics capacity, capital for growth, integrated resale and ITAD services, and access to Korea Zinc’s downstream recycling capabilities—enabling end-to-end asset recovery and material reuse at scale," the companies said.

IT Asset Disposition M&A - Executive Perspectives

In a prepared statement about the deal, MDSi CEO Lisa McDonald said: “PedalPoint is a proven force in e-waste processing and circular infrastructure. They expand our reach and capabilities, while we bring deep client relationships and decades of expertise in IT sourcing, integration, and asset recovery. It’s a highly complementary fit.” 

Added a spokesperson for Korea Zinc: "This partnership strengthens our position across the circular supply chain. MDSi is a leader in telecom and IT asset transformation, and their services perfectly align with our commitment to sustainability, technology enablement, and resource recovery.”

IT Asset Disposition: M&A Activity And Market Growth Forecast

Meanwhile, M&A activity in the ITAD market remains strong. Among the reasons: Annual spending on ITAD is expected to reach $34 billion by 2030, up from $16.8 billion in 2022, according to Research and Markets. That's a 9.2% compound annual growth rate (CAGR), the researcher said.

Also, key investors in the e-waste market include the Microsoft Climate Innovation Fund -- which backs Circular Services, a startup that's building and expanding recycling infrastructure across the United States.

Among the key business drivers for ITAD spending: The growing desire to reduce e-waste -- thereby keeping PCs, laptops, smartphones, printers, networking equipment and consumer electronics out of landfills.