Southlake-based private investment firm Ancor Capital Partners has invested in CEAR LLC, a leading provider of electronics recycling and IT asset disposition services based in Mather, California.
“We’re excited about this opportunity to continue innovating and growing as we turn the page and enter the next chapter in our sustainable business journey,” CEAR CEO Paul Gao said in a statement.
Terms of the deal were not disclosed.
CEAR was founded in 2000. Ancor called it “an industry pioneer” in sustainable electronics recycling, offering secure, end-to-end services for asset recovery, data destruction, and certified e-waste recycling.
“The opportunity to partner with Paul and his team is exciting,” Timothy J. McKibben, co-founder of Ancor Capital, said 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.”
CEAR serves a broad base of commercial, government, and institutional clients across the western United States, helping them meet both regulatory and ESG compliance goals.
Ancor said this acquisition marks its continued expansion into environmental services and sustainability-focused sectors, building on its strategy of partnering with mission-driven businesses at critical points of growth.
Ancor said it was attracted to CEAR’s people-driven culture and unwavering commitment to ethical, transparent operations.
Both organizations are committed to maintaining CEAR’s positive culture and trusted reputation while scaling CEAR’s reach and impact, Ancor said—adding that its investment will accelerate CEAR’s ongoing innovation, service expansion, and unique solutions in the circular supply chain.
Founded in 1994, Ancor Capital Partners invests in lower-middle-market companies.
Don’t miss what’s next. Subscribe to Dallas Innovates.
Track Dallas-Fort Worth’s business and innovation landscape with our curated news in your inbox Tuesday-Thursday.