Envela (NYSEAMERICAN:ELA) is a diversified asset management and remarketing company specializing in the purchase, appraisal and sale of second‐hand merchandise. Through its core business units, the company sources a wide range of goods—such as fine jewelry, bullion, coins, electronics and industrial equipment—from both retail and commercial clients. Envela leverages a network of branded retail locations alongside an online marketplace to maximize value for acquired assets, positioning itself as a leading provider of liquidity solutions for consumers and businesses across North America.
In addition to traditional retail operations, Envela offers comprehensive technology asset disposition and recycling services. Its e‐waste segment provides secure data destruction, environmentally sound recycling and end‐of‐life management for corporate, government and institutional customers. By adhering to strict environmental standards and partnering with certified recyclers, the company ensures that sensitive electronic equipment is dismantled, processed and returned to the supply chain or disposed of responsibly.
The company’s financial services arm delivers asset‐based lending and funding solutions, enabling businesses to unlock working capital tied up in physical inventory or equipment. This flexible financing platform serves a broad clientele—ranging from small and mid‐sized enterprises to large corporations—offering tailored credit facilities and collateral management expertise. By converting underutilized assets into cash, Envela helps clients improve liquidity, support growth initiatives and manage balance‐sheet efficiency.
Founded in 2006 and rebranded as Envela in 2021, the company is headquartered in San Antonio, Texas, with operations extending throughout the United States, Canada and Mexico. Led by Chief Executive Officer Clinton Ettinger, Envela’s executive team combines deep industry experience in retail, recycling and finance. The company continues to pursue strategic acquisitions and partnerships to expand its geographic footprint and service offerings, reinforcing its position as a trusted partner in asset monetization and sustainable resource management.
