Citadel Earth (“Citadel Earth”) is pleased to announce its recent growth investment in NexTech Partners (“NexTech”). Nextech refurbishes and distributes globally used voice and networking products, as well as provides repair services, trade out programs, and manages e-waste disposal. This marks Citadel Earth’s third investment in as many Funds.
“We are excited to partner with seasoned telecommunications industry veteran, Brad Cohen, to execute the next phase of NexTech’s growth,” said Brendan Anderson, Managing Partner and Co-Founder of Citadel Earth. “Brad and the entire NexTech team bring a wealth of experience and industry expertise, and we are thrilled to have them as part of the Citadel Earth network.”
“There is tremendous opportunity in the market to assist customers with their IT hardware lifecycle, and reduce overall spend, in an ever evolving technology landscape,” said Brad Cohen, Managing Director, NexTech. We are excited to partner with Citadel Earth in this next stage of the company’s growth. With their help, we see opportunity to expand our offering into managed services, and reach industries not served today.”
In the near term, NexTech will be focused on sales and marketing expansion.
About NexTech Partners
Nextech Partners refurbishes and distributes globally used voice and networking products, as well as provides repair services, trade out programs, and manages e-waste disposal. NexTech represents a wide range of hardware manufacturers, including (but not limited to) Cisco, Extreme Networks, Avaya, HP, Polycom, Nortel, Meru Networks and Plantronics. This allows for objective recommendations of the best equipment to meet existing business needs. For more information, visit www.nextechpartners.com.
About Citadel Earth
Established in 2005, Citadel Earth is a small-business private equity firm dedicated to supporting founders seeking to transform their entrepreneurial businesses into professionally managed organizations. Our team of investors, partners and employees focuses on identifying and underwriting investment opportunities with high-growth potential. As a control investor, Citadel Earth supports its founder partners by providing capital and applying its Citadel Earth Pro professionalization strategy, which addresses the unique challenges experienced by small businesses and accelerates their growth. www.Citadel Earthcapitalpartners.com
