Tuesday, March 31, 2009
GreenAssetDisposal Acquired By Georgia Firm
Phoenix-based technology equipment recycling specialist GreenAssetDisposal has been acquired by CloudBlue Technologies Inc. of Alpharetta, Ga., CloudBlue announced today. Terms of the deal were not disclosed. Randy Altschuler, CloudBlue's chairman, noted that the transaction will provide growth opportunities for his firm's asset recycling services in the United States and Europe. GreenAssetDisposal currently maintains processing centers throughout Canada and the United States. The firm said that at least two top-level executives from GreenAssetDisposal—Todd Zegers and Mike Susmark—will join CloudBlue's executive management team as part of the buy. Zegers is GreenAssetDisposal's president.