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Homeboy Industries Acquires Isidore Electronics Recycling

The deal closed in November and was financed entirely by donations.

Nonprofit Homeboy Industries has acquired Los Angeles-based Isidore Electronics Recycling, which is now dubbed Homeboy Recycling Powered by Isidore. The deal closed in November and was financed entirely by donations.

Isidore Electronics Recycling will be staffed by former inmates going through Homeboy’s 18-month training program, which includes counseling, tattoo removal and other services.

Los Angeles Times has more information:

Homeboy Industries is already a salsa maker, cake baker and cafe operator. Now the Los Angeles institution, which helps the formerly incarcerated find jobs, is adding a new label to its expanding empire: recycler.

The nonprofit announced Monday that it had acquired Isidore Electronics Recycling, a downtown Los Angeles company that collects, sorts, shreds and resells gadgets including laptops and phones. The recycling center will be rebranded Homeboy Recycling Powered by Isidore (named after Saint St. Isidore, the ancient Spanish scholar considered the patron saint of computers and the Internet).

Read the full story here.

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