Tuesday, 02 January 2024 12:17 GMT

Press Release: Fastercapital Backs IT Equipment Managers Limited Via Equitypilot For Secure IT Asset Lifecycle


(MENAFN- Mid-East Info) Summary: FasterCapital is supporting IT Equipment Managers Limited through EquityPilot to help the Nigerian startup scale its IT asset disposition, buyback and lifecycle management services...



Lagos, Nigeria & Dubai, UAE

FasterCapital is supporting IT Equipment Managers Limited through EquityPilot to help the Nigerian startup scale its IT asset disposition, buyback and lifecycle management services for enterprises across finance, education, hospitality and energy. This collaboration is designed to accelerate execution on operational milestones, go-to-market activity and compliance readiness.

FasterCapital and EquityPilot will focus the first 30–60 days on operational validation, partner introductions, and refining GTM materials to prepare IT Equipment Managers Limited for scaled client acquisition and secure service delivery.

Why It Matters?

Organizations across Nigeria face growing challenges from obsolete hardware, insecure data on retired devices, and unmanaged e-waste. These issues increase security, regulatory and environmental risk while leaving recoverable value untapped. A dedicated IT asset management and ITAD approach supports compliance with evolving regulations such as the Nigeria Data Protection Act and helps convert end-of-life technology into working capital.

What the Startup Delivers?

IT Equipment Managers Limited provides end-to-end IT asset management and ITAD services: secure data sanitization, eco-friendly recycling, buyback and trade-in programs, onsite maintenance and repair, inventory and lifecycle tracking, and optional leasing or insurance. The company targets enterprises and institutions with large distributed IT inventories, offering a local, cost-conscious alternative to overseas providers.

Why Now?

Timing Rising e-waste volumes, stricter data-protection expectations, and cost pressures on enterprise IT create an opening for services that combine compliance, recovery of residual value, and sustainable disposal. IT Equipment Managers Limited is positioned to address these needs as organizations accelerate refresh cycles.

What FasterCapital Will Provide?

– Hands-on execution support to refine operational milestones and service delivery

– Assistance connecting the startup to relevant ecosystem stakeholders and commercial channels

– Guidance on fundraising readiness, messaging, and investor materials – Support in validating pilot processes and early enterprise positioning

Program Plan First 30–60 Days

FasterCapital and IT Equipment Managers Limited will prioritize pilot validation with target customers, streamline the ITAD and buyback workflow, and iterate on customer-facing materials. The team will map high-priority introductions to banks, insurers and logistics partners and begin preparing performance metrics for the next growth phase.

Leadership Comment

“Hesham Zreik, Founder and CEO of FasterCapital, said: 'We're excited to support IT Equipment Managers Limited through EquityPilot. Our team will focus on execution milestones and connecting the startup with the right ecosystem stakeholders.'”

Founder background Founder & Team Snapshot Led by Tom Usen (COO/CEO), IT Equipment Managers Limited combines experience in refurbishment, secure disposition and enterprise operations. The core team includes technical and client-service leaders focused on onsite repair, certified sanitization, logistics and remarketing, enabling a full-lifecycle approach to IT assets.

Ecosystem relevance

Local Opportunity Nigeria's expanding digital economy, diverse public and private institutions, and rising regulation make localized ITAM and ITAD services particularly relevant. By aligning secure disposal, asset recovery and refurbishment locally, the startup aims to reduce environmental harm while unlocking value for organizations upgrading technology.

Next 90 Days

Upcoming Milestones Over the next quarter the team will run targeted pilots, validate pricing and logistics, and refine the proprietary ITAM workflow in preparation for broader commercial rollout.

About IT Equipment Managers Limited

IT Equipment Managers Limited offers professional IT asset management, certified ITAD and buyback/trade-in programs in Nigeria. Services include secure data sanitization, eco-friendly recycling, onsite maintenance, lifecycle tracking and remarketing of refurbished assets. The company focuses on delivering compliant, cost-effective solutions that convert obsolete IT equipment into recoverable value.

About FasterCapital

FasterCapital works with founders to turn plans into execution through structured milestones, hands-on support, and guidance that improves fundraising readiness. With programs including EquityPilot, FasterCapital helps startups sharpen positioning, validate priorities, and connect with relevant ecosystem stakeholders.

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