Mechelen, February 24th, 2023 – BE Networks NV welcomes SDG Capital as new majority shareholder.
SDG Capital is a young and dynamic private equity firm that only invests in companies that contribute directly to the United Nation’s Sustainable Development Goals (SDGs). This makes BE Networks and SDG Capital the perfect partners. Since 2008, BE Networks has been providing its customers (mostly ISP’s and System Integrators) with high quality preowned networking equipment, such as routers, switches and modules. The company operates on a global scale, smartly using a high-end test & refurbish process to extend the lifecycle of the equipment. Its services and business model support the circular economy by keeping the quality assets in use for much longer. The globally operating sales team is based in offices across Europe, Africa and South-East Asia. It advises worldwide customers on the strategic use of preowned parts, thereby significantly reducing lead times, CAPEX, and CO2 emissions compared to new products.
Sustainability in business
The exponential need for faster and more secure internet forces businesses to continuously upgrade their network infrastructure, which often results in premature decommissioning of equipment. As the importance of sustainability in business grows, business leaders worldwide are actively looking for new ways to reach sustainability goals. BE Networks helps its customers to transition from a linear equipment lifecycle into a circular one, while measuring and reporting on the achieved CO2 avoidance. Since most CO2 emissions of the product life cycle come from the production of the equipment (and production of the necessary raw materials), organizations that buy pre-owned networking equipment are actively helping to create a sustainable future.
BE Networks specializes in network- & datacenter equipment specifically. Its knowledgeable consultants support customers in determining what type of preowned equipment can be used and how to integrate it within an existing network configuration. For years, BE Networks has been a preferred supplier of refurbished networking equipment to its customers and their system integrators of choice.
Thomas Helsen, Managing Director at BE Networks NV: “We have been active in this market for well over 10 years now. During that time, I have seen the attention to sustainability strongly increase. More and more organizations are now mindful and keen to deploy pre-owned networking equipment instead of new. I am proud that BE Networks can help on both the supply and sell side: we unburden large corporates and institutions by responsibly and securely decommissioning networking equipment, while providing our customers with high quality refurbished equipment that helps them realize their sustainability goals. Our new, state-of-the-art facility in The Netherlands will serve as blueprint for operations around the world. The addition of new sales offices in the Netherlands and Morocco and a joint venture in Singapore with a leading distributor in the APAC region has significantly increased our global reach. Our next goal is to add more services and products to our portfolio and become a true leader in the circular economy of networking and datacenter equipment. We are very pleased and excited to have SDG Capital on board to help us achieve our goals.”
Arjan Snijders, Founder and Partner at SDG Capital: ”We are impressed by the growth mindset of BE Networks’ management and employees. The company is setting the new sustainability standards in the industry of pre-owned networking equipment. We are thrilled that the BE Networks team places its trust in us to advance the company together. BE Networks is a great example of a “net positive” company with the potential to grow fast, both organically and via follow-on acquisitions. We are proud to provide our capital and operational skills to invest towards a true circular and sustainable economy.”
Read more at www.sdgcapital.nl