Pacific Processing Announces $10M Capital Fund to Acquire and Partner with IADs Operating ATM Portfolios

LAS VEGAS, NV – Pacific Processing, a leading provider of ATM equipment, services, and portfolio management, today announces a $10M capital raise to fund ATM portfolio “Partial Acquisitions” and “Micro Partnerships” within seven key markets throughout Southern California and Las Vegas, in addition to a nationwide “Partnership” offering. Qualifying local or nationwide portfolios should have 25-250 machines.

This unique blended acquisition/partnership strategy will allow independent ATM deployers (IADs) to grow their business by selling a piece of their company and rolling their profits back into their cash-loading inventory. Partnering with Pacific Processing allows IADs to leverage access to capital, industry knowledge, its unique proprietary forecasting algorithms, and software enhancement tools that maximize operational efficiency, uptime, and profitability.

“When I first started my ATM business in 2008 – with just a $5,000 loan – I continuously plateaued through different limited partner investors. I found I often outgrew their capital capacities faster than anticipated,” said Gianni Del Vecchio, CEO and Founder of Pacific Processing, “What I needed was a funding source that allowed my company to unlock it’s full growth potential without inhibiting the needs of our very cash-intensive business.”

“It doesn’t have to be this way,” says Del Vecchio. “Having built my fleet completely from scratch, I respect the hustle and grind of ATM operators. 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/partnership program is to help IADs accomplish their dream of being a business owner, instead of having the business ‘own them.’”

“Now that I’ve found the right capital partner, our organic growth has more than doubled and we are well positioned to help partner IADs that show ambitious growth trajectories from ‘getting stuck’ scaling their own companies through the unique growth model we built,” Del Vecchio continues.

The Pacific Processing Portfolio “Partial Acquisition” and “Micro Partnership” offerings are designed to allow ATM operators and entrepreneurs to scale more quickly, take more than a three-day vacation, not suffer through every federal holiday weekend, and still have control over their destiny and growth trajectory.

Pacific Processing is making local Micro Partnerships or full acquisitions strategically within the following key markets:

• Los Angeles County, CA
• Riverside County, CA
• San Bernardino, CA
• Ventura County, CA
• Orange County, CA
• San Diego County, CA
• Clark County, NV (Greater Las Vegas Area)

Pacific Processing’s goal is to purchase 50-100% of the ATM portfolio. If a full acquisition is completed, Pacific Processing will take over vaulting the ATM portfolio within three months of the Micro Acquisition. This is an optimal option for those who are ready to exit the business or have a strategic partner to allow them to make alternative investments or expand and grow their portfolio.

Pacific Processing is also making nationwide Micro Partnerships and Partial Acquisitions where the company plans to buy no less than 50-75% of the ATM portfolio, whereby the seller will be required to continue vaulting the ATM portfolio for a minimum of 36 months.

“Micro/Partial Acquisitions are an ideal solution for operators who 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 explosive growth, or make alternative investments at their own discretion,” Del Vecchio says. In continued growth situations, Pacific Processing will support and fund growth in a pro-rata fashion to keep ownership percentages equal to the time of investment, ensuring success and quality of care of their capital investment. A monthly 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 precedence and priority over others:

• 25-250 ATMs
• $5,000-$65,000/month gross profit
• 70% or more contract coverage

Processing-only businesses and IADs with at least ten fully trained affiliates with a minimum of 70% contract coverage and/or merchant-owned portfolios with strong contract coverage will also be considered.

Interested IADs are invited to SUBMIT THEIR DEALS HERE or email us at [email protected].

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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 [email protected] or call 1-855-472-2776, 1-855-4-PACPRO.