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Ancor Capital Partners, an operations-focused private investment firm based in Southlake, on Wednesday announced an investment in CEAR, LLC, a leading provider of electronics recycling and IT asset disposition (ITAD) services headquartered in Mather, California.
Terms were not disclosed.
Founded in 2000, CEAR is an industry pioneer in sustainable electronics recycling, offering secure, end-to-end services for asset recovery, data destruction, and certified e-waste recycling. The company serves a broad base of commercial, government, and institutional clients across the western U.S., helping them meet both regulatory and ESG compliance goals.
“The opportunity to partner with Paul and his team is exciting,” said Timothy J. McKibben, co-founder of Ancor Capital, in a statement. “We know that our shared values and commitment to building a strong culture will help position CEAR as the country’s leading provider of ITAD services.”
Ancor Capital Partners was founded in 1994. The firm invests in lower-middle-market companies. Ancor has made more than 60 successful acquisitions, according to the firm, with a deep operational and industry expertise across healthcare, industrials, and consumer staples.
The acquisition marks Ancor’s continued expansion into environmental services and sustainability-focused sectors.
Ancor was drawn to CEAR’s people-driven culture and unwavering commitment to ethical, transparent operations, according to a press release.
Investment from Ancor will accelerate CEAR’s innovation, service expansion, and solutions in the circular supply chain, the company said.
“We are excited about this opportunity to continue innovating and growing as we turn the page and enter the next chapter in our sustainable business journey,” said Paul Gao, CEO of CEAR.