The combination of NVM’s funding and support will help the business to develop and grow within the refurbished equipment and services market.
Large corporates are increasingly becoming open to buying second user IT equipment in an effort to reduce costs and to demonstrate their green credentials.
Tinglobal is focused on exploiting these trends and is currently the leading independent corporate engaged in the £1.8 billion annual global B2B market for the refurbishment and sale of second user and reconfigured mid-to-high end IT equipment. Tinglobal was created in 2005 when the current management team took control of the business, when the current executive directors bought into the group. The group consists of two trading companies; Tindirect and Powercore International and operates out of Cirencester and London. The group supplies to over 900 organisations in 45 countries, including the industry’s largest IT manufacturers. To coincide with NVM’s investment, Andy Vickers, ex-managing director of Canon UK and Ireland, was appointed Business Development Director and will join forces with the existing management team, David Gutteridge and Mat Jordan, to expand their product and service offerings globally.
Realised in 2015.
The current management team has driven the business to the forefront of their market. Andy Vickers will be an important addition to the team, bringing with him extensive knowledge of the IT infrastructure industry.