Summary: Paladin EnviroTech has acquired ICT, Ireland’s first R2v3-certified IT asset disposition (ITAD) provider, finalizing a $70 million acquisition spree over nine months, now covering the U.S., Netherlands, and Ireland. The acquisition aligns with the company’s strategy to manage increasing hardware disposal needs from Dublin’s hyperscale data center cluster.
When the servers powering Europe’s cloud infrastructure reach their end-of-life, they must be dealt with securely and compliantly to prevent data leaks and material waste. This responsibility, while unglamorous and demanding, is the market Paladin EnviroTech aims to dominate. On April 7, 2026, the Tampa-based company announced its acquisition of ICT, marking its fifth acquisition in nine months and bringing its total investment to $70 million (€60 million).
“ICT is a robust organization in the ITAD space, focusing on in-house operations, maintaining chain-of-custody, and meeting top standards for secure data destruction,” stated Brian Diesselhorst, CEO of Paladin. “The acquisition bolsters our ability to support customers in Dublin, the EU’s ‘data center capital’, and throughout Ireland with consistent execution and certified results while enhancing our on-site shredding and secure handling in the region.”
Ireland’s ITAD gateway to Europe
Founded in Dublin in 2003, ICT has built an operational infrastructure trusted by certification bodies and regulators over two decades. In the last year, the firm handled over 2,000 tonnes of end-of-life electronics and securely shredded more than 500,000 data-bearing devices. Its R2v3 certification, the first for any Irish ITAD provider, comes with independent audits to ISO 9001, ISO 14001, and ISO 45001. The company adheres to EU cross-border waste shipment rules and coordinates with Ireland’s National Transfrontier Shipment Office.
ICT’s operational distinction lies in its in-house processing focus. The company offers mobile, on-site data destruction using a shredding vehicle equipped with industrial-grade systems, ensuring clients don’t rely on third-party destruction. This approach spans ICT’s full service portfolio, including IT asset remarketing, certified destruction, electronics recycling, data center decommissioning, secure logistics, and ESG-compliant reporting. Post-acquisition, ICT will transition to the Paladin brand and move to a new 52,000 square foot facility in Dublin.
“ICT has always prioritized trust, control, and correct ITAD execution,” stated Eva Warren, CEO of ICT. “With increasing data risk and material loss, a security-first mindset is crucial. Paladin shares this operational discipline and commitment to full chain-of-custody. Together, we offer a model where security, compliance, and sustainability come together across Ireland, the UK, and Europe.”
A platform built in nine months
The ICT deal is Paladin’s fifth acquisition since SER Capital Partners, a sustainability-focused private equity firm, launched the company in July 2025. The initial transactions included Integrated Recycling Technologies in Minnesota and TechSmart International in Florida. A minority investment from South Korea’s Daeheung M&T provided additional support and market access.
Paladin’s European expansion began in January 2026 with the acquisition of R&L Recycling BV in the Netherlands, establishing a base for serving OEM and hyperscale clients under EU regulations. A satellite facility in Laurel, Maryland, opened in February to serve the Washington D.C. area. ICT’s acquisition expands Paladin’s platform to Ireland, aligning with its transatlantic customer network. This growth trend fits within the AI infrastructure investment wave redefining the technology supply chain.
Why Dublin, why now
Dublin’s data center market is notably concentrated, accounting for more than half of Europe’s colocation capacity with a significant hyperscale segment. Dublin’s appeal stems from Ireland’s tax climate, transatlantic cable infrastructure, cool climate, and status as a preferred EU jurisdiction for data-sovereign workloads. This demands in-region ITAD due to rising regulatory pressure on companies holding EU citizen data.
The AI infrastructure surge has amplified this trend, shortening hardware refresh cycles and increasing end-of-life equipment volume. Dublin’s data center capacity