First Capital Partners Invests in Computer Wholesalers, Inc.
First Capital Partners Invests in Computer Wholesalers, Inc.
First Capital Partners is pleased to announce its recent mezzanine debt and equity investment to support a majority recapitalization of Computer Wholesalers, Inc. (“CWI”). Our investment was made in partnership with the company's founder and CEO, Ivan Somyk, and Palladian Capital Partners of Short Hills, NJ.
Based in Hackettstown, NJ, CWI serves the I.T. Asset Disposition ("ITAD") market, in which it focuses on acquiring and reselling used enterprise grade I.T. equipment, including laptops, desktops, servers, tablets, and more. The company performs the critical functions of auditing, inspecting and grading equipment, securely wiping all existing data, and reselling to wholesalers and end-users worldwide.
Founded in 1994, CWI has earned a reputation for industry-leading vendor service, reliable asset grading, strict adherence to regulations for data security and asset disposition, and competitive pricing. CWI's processing and distribution centers are located in Hackettstown, NJ, Atlanta, GA, and Phoenix, AZ.
Learn more about CWI at www.gocwi.com.