Last year’s gold winner in the Circular Economy category 3Step IT Group has secured new investment in its IT lifecycle management business.
3Step has formed a new joint venture with BNP Paribas Lease Group S.A to further develop the business and bring increased value to its customers. This investment takes the form of a joint venture company which is co-owned by 3Step and BNP.
3 Step IT was founded in 1997 and specialises in technology lifecycle management: customers lease their IT devices, with asset management tools to keep track of them. When the lease ends, a refurbishing service realises device residual value, reselling 98% of returned devices.
The joint venture company name is BNP Paribas 3 Step IT.