Replace, the leading European mobile and IT equipment repurchase solutions provider and handler of used electronics, sold to Xllnc Group.

We are pleased to announce that Superia acted as sole financial adviser to founders and employees of Replace OÜ in the sale of 100% shareholding to Xllnc Group AB.  As part of the transaction, the selling shareholders reinvested some of the proceeds and acquired a significant minority shareholding in Xllnc Group. Replace provides repurchase solutions and handling of returned electronics to corporate customers all over the world.  It is a rapidly growing company and one of the largest of its kind in Europe with 250 employees and more than EUR 70 million in sales in 2019E.

The transaction attracted significant interest both from strategic and private equity buyers, as the company's business model addresses and monetises well on major trends in the electronic asset management industry, incl. popularising asset rental and leasing models, tightening environmental and data protection regulations and general shift towards sustainability and reuse.

Xllnc press release

For further information please contact:

Henrik Igasta, Partner,

Arvo Hallik, Partner,




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