TD SYNNEX business buys IT lifecycle firm Cokeva

The deal is a promising sign for sustainability in the channel in 2024

Shyft Global Services, a division of TD SYNNEX has acquired Cokeva, Inc., an industry specialist in the repair, test and refurbishment of IT equipment.

Shyft is a technology lifecycle service provider that partners with companies around the world providing end-to-end product and customer lifecycle management services.

The addition of Cokeva expands Shyft's depot repair service capabilities and unlocks additional opportunities for Shyft customers with Cokeva's 220,000 sq. ft. operation in Roseville, California, where the group is based.

The facility holds a certification for ISO 9001:2015 Quality Management Systems and operates a cleanroom to ISO 5/Class 100 standards.

The addition of the Roseville space bolsters Shyft's global footprint, which includes certified facilities in Groveport, Ohio; Warsaw, Poland; Tiel, Netherlands; and Tampines, Singapore.

Ron Brinckerhoff, SVP of Shyft claims the deal highlights Shyft's investment in global sustainability with expanded circular economy capabilities.

"The addition of Cokeva will provide customers the opportunity to leverage a broader range of end-to-end technology services," said Ron Brinckerhoff, SVP of Shyft.

"Adding more than 200 highly trained repair service experts, engineering resources and another world-class facility to our services portfolio will provide significant benefits for both Shyft and Cokeva customers."

Founded in 1989, Cokeva has made a name for itself in the high-complexity, high-value and mission-critical IT repair, test and refurbishment market through its commitment to individualised customer service, quality, sustainability, competitive pricing and continuous improvements.

Ann Nguyen, CEO of Cokeva added: "When making this strategic decision for Cokeva, we knew we had found the right fit for both our employees and our customers.

"Shyft's breadth of service capabilities — in repair and technology lifecycle services — and commitment to its customers are powerful indicators of what can be expected for Cokeva's employees and customers. We are very proud of what our team has accomplished over the past 30+ years and can't wait to see what comes next."