What is PCS Wireless?
Founded in 2001 by Ben Nash and Praveen Arora, PCS Wireless has established itself as a global leader in the re-manufacturing and distribution of smartphones and tablets. The company leverages an aggressive reverse logistics asset recovery program to acquire, process, and resell millions of pre-owned mobile devices annually. This focus on the circular economy for electronics positions PCS Wireless as a key player in sustainable technology solutions.
How much funding has PCS Wireless raised?
PCS Wireless has raised a total of $102M across 2 funding rounds:
Debt
$100M
Debt
$2M
Debt (2015): $100M with participation from White Oak Global Advisors
Debt (2020): $2M led by PPP
Key Investors in PCS Wireless
White Oak Global Advisors
White Oak Global Advisors, founded in 2007, is an investment advisor and private credit firm based in San Francisco, California, specializing in providing term loans and asset-based financing to small and middle-market businesses.
PPP
Public-Private Partnership
What's next for PCS Wireless?
The recent major strategic investment signals a new phase of growth and expansion for PCS Wireless. This capital is likely to fuel further development of its reverse logistics capabilities, enhance its processing infrastructure, and broaden its distribution network. The company's established reputation and operational efficiency suggest a strategic focus on scaling its market share and potentially exploring new device categories or service offerings within the refurbished electronics market.
See full PCS Wireless company page
