Clover Wireless Acquires Computer Refurbishment Leader

November 1, 2018 – Chicago, IL –Clover Wireless, the global leader in aftermarket lifecycle management services and solutions for mobile devices, announced today the acquisition of TSSI, a high-volume remanufacturer of in-warranty and out-of-warranty IT electronic assets including laptops, tablets and other personal electronics. The combined companies will offer a full-service lifecycle management and asset recovery solutions for OEMs, retailers, insurance providers and enterprise businesses.

“We are excited to expand our product and solution platform to meet the changing needs of the marketplace,” stated Dan Perez, CEO of Clover Wireless. “Our combined set of integrated services will benefit our clients with expanded asset recovery solutions including repair, remanufacture and reuse to put back into their supply chains at a fraction of the cost of new devices. This will also further our mission to reduce the environmental impact of electronics through greater reuse and reclamation solutions.”

“TSSI is proud of our 20-year history of providing cost-effective solutions that facilitate maximum financial recovery for our partners” stated Julio Garcia, TSSI’s Founder and CEO. “As an extension of Clover Wireless, we will be able to increase the speed and quality at which products can be returned to market, while improving the economic recovery and extending the product lifecycle for our clients”.

When combined, Clover Wireless’ global footprint will include over 1 million square feet amongst three North American processing centers and over 4,500 repair technicians, 240 engineers and 150 support personnel. All facilities have extensive test engineering capabilities and maintain applicable environmental and quality certifications. Services include test, triage, software reflashing, kitting, repair, reclamation, trade-in and buyback, liquidation and remarketing services, recycling and numerous other services. The holistic and integrated approach will help Clover Wireless clients reduce costs and transform their supply chain.

“TSSI is a great fit for our company and customers as it brings increased asset recovery solutions across a broader range of products. When you combine the technical expertise, integrated services and expanded product support, it’s quickly apparent how we can help reduce our client’s supply chain costs, while getting the most out of their recovered devices,” said Dan Perez, CEO of Clover Wireless.

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About Clover Wireless

Clover Wireless is the global leader in delivering cost-effective, innovative supply chain solutions for wireless carriers, manufacturers, retailers, insurance providers and enterprise businesses. Clover Wireless offers a comprehensive services portfolio that includes returns management, repair and reclamation services, and customized trade-in and buyback programs. With the largest mobile device repair center in North America, Clover Wireless utilizes its unsurpassed repair services and heavy reclamation capabilities to restore devices to “like new” condition – minimizing waste and maximizing value for customers. To learn more, please visit www.cloverwireless.com.

About TSSI

TSSI is a full-service reverse logistics company and service partner. TSSI offers a wide variety of asset recovery solutions specific to mobile, IT and consumer electronics industries. TSSI provides lean, low-cost solutions that allow its clients to focus on its core business. The team has over twenty years of experience dealing with high volume product refurbishment to a “like new” condition, processing & sorting of customer return merchandise, failure analysis, data collection & reporting, recalls, rework & re-kitting, device provisioning, EOL disposition & Management and other Customized IT Solutions

Contact:

Mr. John Sedej
Clover Wireless, Strategic Relationships and Partner Solutions
jsedej@cloverwireless.com