Newmarket IT announced today that it has completed its first round of funding from Catterton Partners, the nation's leading private equity firm focused on the middle-market consumer sector. Catterton Partners, based in Greenwich, Connecticut, has committed $50 million of growth capital to Newmarket IT.

Newmarket IT is leader in the data erasure, remanufacturing, remarketing and environmentally-safe recycling of personal computers.

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Newmarket IT

FIRMS

Newmarket IT is a leader in the data erasure, remanufacturing, remarketing and environmentally-safe recycling of personal computers. Among the company's top customers are the world's largest PC manufacturers including Dell and Hewlett-Packard. Founded in 1999, and based in Austin, Texas, Newmarket IT has an additional facility in Richmond, Virginia, partner locations in the Netherlands, Spain, Belgium and Germany, and serves more than 16,000 dealers, VARs and wholesalers in more than 60 countries. Privately held, Newmarket IT is ISO 9001, ISO 14001 and OHSAS 18001 certified for meeting stringent quality and environmental standards. In addition, the company is committed to ensuring compliance with all relevant environmental, health and safety organizations and legislations including the Environmental Protection Agency, the US Department of Defense, the Occupational Safety and Health Act, the Gramm-Leach-Blilely Act, the Health Insurance Portability and Accountability Act, and the European Union Data Protection Directive.

BOARD /MANAGEMENT

Newmarket IT also announced today that is has recruited a new president, Jake Player, who was formerly the head of Asset Recovery Services for Dell

Michael Farello, partner, Catterton Partners, who will join Newmarket IT's board of directors.