Maxxum Acquires Trace Technology Management



Via News Release

“MINNEAPOLIS and ST. PAUL, Minn., March 13, 2017 — Maxxum Inc., an IT asset disposal and data destruction firm based in the Twin Cities, has acquired Trace Technology Management, in St. Louis Park, MN.

Maxxum has assumed Trace Technology Management’s technology center in St. Louis Park and will keep the facility running under the Maxxum brand.”

“We’re extremely excited about the acquisition. Trace has enjoyed rapid growth in a variety of industries, particularly the education market,” said Tom Pritzker, President, Maxxum. “Trace provides services and remarkets equipment in a similar manner to Maxxum, so the transition for their clients will be seamless.”

Maxxum has also hired Ryan Kopp, a veteran of the industry who handled operations, processing, and customer service for Trace Technology Management. Kopp will continue this role at the St. Louis Park location for Maxxum Inc.

“The move bolsters our brand tremendously and is another step forward in our growth plan,” said Maxxum CEO, Rich Woodward. “Maxxum’s hallmark is our deep, enduring client relationships and we look forward to extending and building on those relationships with Trace Technology Management’s client base,” said Woodward. “We’ll provide a total continuity of service to those clients and look forward to offering them all of Maxxum’s capabilities.”

About Maxxum: Maxxum is a well-regarded, long-established presence in the IT asset management and remarketing space, both in Minnesota and nationally. As a risk mitigation partner for leading companies around the country, particularly those in highly regulated industries, Maxxum is known for its extensive technical expertise, regulatory knowledge, multi-industry specialization and enduring client relations.