Pacific Processing Announces $10M Capital Fund to Acquire and Partner with ATM DeployersBy: Pacific Processing These unique and blended acquisition/ "When I first started my ATM business in 2008 - with just a $5,000 loan - I continuously plateaued through different partner investors. I often outgrew their capital capacities faster than anticipated," "It doesn't have to be this way," says Del Vecchio. "Having built my fleet from scratch, I respect the hustle and grind of ATM operators, physically installing hundreds of ATMs with my own bare hands and performing over 10,000 cash loads over 15 years. I built this fund to alleviate the cash-intensive hamster wheel pressure felt by IADs that often prevents them from having a higher quality of life and the ability to grow to their maximum potential. The goal with this acquisition/ "Now that I've found the right capital partner, our organic growth has more than doubled and we are well positioned to help would-be partner IADs that show ambitious growth trajectories from 'getting stuck' scaling their own companies through this unique growth model," Del Vecchio continues. "Pacific Processing's "Partial Acquisition" Pacific Processing is making full or Partial Acquisitions strategically in the following markets:
Pacific Processing is also making nationwide Micro Partnerships where it buys 50-75% of the ATM portfolio, allowing the seller to continue profiting by vaulting the ATMs for a minimum of 36 months. "This option is designed for IADs that want to supplement their vault cash with their recently redeemed cash and continue vaulting their terminals with lower frequency intervals, reinvest the capital back into growth strategies, or make alternative investments." In continued growth situations, Pacific Processing will support and fund the operator in a pro-rata fashion to keep ownership percentages equal to the time of investment, ensuring success and quality care of the capital investment. A quarterly rolling valuation on the ATM Portfolio will be conducted to measure and track growth over time. Although all business inquiries will be considered, ATM portfolios meeting the following criteria, will take priority:
Interested IADs are invited to SUBMIT DEALS HERE or send an email directly to partnerships@ ABOUT PACFIC PROCESSING — Founded in 2008 by Gianni Del Vecchio, Pacific Processing has quickly become a leader in the US ATM industry. Today, the company offers ATM placement services, cash management, ATM portfolio management, Mobile ATMs for special events as well as a full suite of merchant services and credit card processing. With offices San Diego, Los Angeles, Las Vegas (Corporate), Pacific Processing has access to over 250 certified ATM service technicians and affiliates in all 50 states, including Puerto Rico. Founder Gianni Del Vecchio is a thought leader in the industry holding two patents for innovative ATM technology. He and his team from KLEAR Technologies Inc. were also awarded the first ever ATM Industry Association Next Gen product certification for its patented product, SecurPair in 2021. For more information, visit www.pacificprocessing.com, email partnerships@ Contact Gianni Del Vecchio, CEO & Founder Pacific Processing ***@pacificprocessing.com Photos: https://www.prlog.org/ https://www.prlog.org/ End
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