France-based investment firm Eurazeo announced that it has acquired a majority stake in Denmark-based T1A Group through its impact buyout fund Eurazeo Planetary Boundaries Fund (EPBF), aimed at supporting the company’s expansion and accelerating the growth of its circular economy-focused IT refurbishment platform.
Founded in 2001, Denmark-based T1A IT Asset Disposition (ITAD) provider built on a circular economy logic, providing services that extend the lifecycle of end-of-use IT equipment, helping to reduce CO₂ emissions, water consumption, and electronic waste. The company refurbishes more than 250,000 IT units annually, including laptops, servers, and networking equipment, primarily sourced from corporate customers.
According to the companies, the investment will support T1A’s strategy to build a leading European ITAD platform, providing secure and sustainable lifecycle management for obsolete IT equipment. The company plans to expand its presence across key European markets, including Germany, the Benelux region, the United Kingdom, and France.
Peter Hemicke, CEO of T1A, said:
“With Eurazeo’s support, we will continue to innovate in the circular IT economy and expand our geographical presence and service offering to become the undisputed partner of choice in the circular IT economy.”
Launched in 2024, EPBF is a thematic impact buyout fund focused on investing in businesses that contribute to reversing or adapting to the overstepping of planetary boundaries. Eurazeo has set a €750 million fund size for EPBF, and announced the first close of the fund in March 2025 at €300 million.
The new acquisition marks the fund’s third investment, and its first in Denmark.
Eurazeo said that the acquisition aligns with EPBF’s focus on safeguarding planetary boundaries, particularly in the areas of climate change, freshwater resources, and pollution. The firm noted that the refurbishment of existing devices significantly reduces emissions associated with manufacturing new equipment, generates substantial water savings, supports the responsible management of e-waste, and helps prevent hazardous materials from contaminating soil and water systems.
Erwann Le Ligné and Wilfried Piskula, Managing Partners and Co-Heads of EPBF, said:
“T1A is a recognized player in the circular IT economy, and we are proud to support its expansion. This first investment in Denmark is a significant milestone for our fund, and we are excited to join forces with the T1A team to create a European champion in the sustainable IT market.”
