Platinum Equity
Mergers. Acquisitions. Operations.
 

Mergers. Acquisitions. Operations.

Canvas Systems

IT Services & Software • Corporate Divestiture • Acquired in April 2009

Refurbished enterprise-class IT equipment and services, including networking, storage, server, and IP telephony equipment.



KEY FACTS

  • Provides refurbished enterprise-class IT equipment, including products from IBM, HP, and Cisco.
  • Carries over $100 million in inventory and offers same-day shipment to over 70 countries.
  • Serves over 3,500 customers, ranging from Fortune 500 companies to small businesses.
  • Meets increased demand for used IT equipment due to enterprise spending reductions and interest in "green" business practices.

INITIATIVES

  • In 2010 added offices in Denver, Charlotte, and San Antonio.
  • In 2010 launched a major online marketplace for thousands of new and refurbished IT equipment.

NEWS

updated 3/11

"Joining forces with Platinum Equity will create new opportunities for our company and our customers, especially as interest in high-quality refurbished IT solutions has increased" Mark Metz, CEO, Canvas Systems
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