Popular on TelAve
- OddsTrader Asks: What Are the Chances Your Team Makes the NFL Playoffs? - 835
- Zoiko Orbit Launches: Seamless Global Travel Connectivity in 200+ Countries, Including Africa - 626
- EMBER™, the Only Standardized System Linking Workforce Identity to Growth, Appoints Global Brand Visionary Bret Sanford-Chung to Board of Directors - 416
- Modernizing Pole Data Collection for Next-Gen Network Expansion - 403
- Phinge®, Home of Netverse® and Netaverse™ With Verified and Safer AI Announces "Test the Waters" Campaign for Potential Regulation A+ Offering - 398
- FreeTo.Chat Launches Silent Confessions, the Best Confession Site for Anonymous, Ad-Free Truth Sharing - 390
- Sober.Buzz Adds Second Podcast, "Spreading the Good BUZZ" Guest List Grows, Numbers Continue Growing Globally, All While Josh and Heidi Tied the Knot - 389
- Iterators Named Preferred Accessibility Testing Vendor by MIT - 387
- Contracting Resources Group Appears Again on the Inc. List of Fastest-Growing Companies - 376
- Assent Joins AWS ISV Accelerate Program - 374
Similar on TelAve
- Sloan's Lake Dental Launches New Website to Enhance Patient Experience and Access to Modern Dental Care
- Only 3 Weeks Left till the Start of the OpenSSL Conference 2025
- ENTOUCH Completes $50 million Funding Round
- Teaming Agreement with Emtel Energy USA to Advance Thin-Film PV Energy Storage Capabilities; NASA agreements for Solar Space Tech; Ascent Solar $ASTI
- Nebuvex Acknowledges Platform "Too Secure" for Anonymous Traders; Institutional Investors Disagree
- From Tokyo to Berlin: FreeTo.Chat Unites Cultures with the World's First Confession VRX — EmojiStream™
- AZETHIO Launches Multi-Million Dollar User Protection Initiative Following Unprecedented Platform Growth
- Matecrypt Observes South American Cryptocurrency Adoption Surge Amid Economic Shifts
- Assent Uncovers Over 695 Unique PFAS Across Global Supply Chains as Regulations Increase
- Cryptocurrency Quarterly Trading Volume Surpasses $15 Trillion Record High as BrazilNex Acknowledges Industry 'Growing Pains' Amid Market Speculation
Pacific Processing Announces $10M Capital Fund to Acquire and Partner with ATM Deployers
TelAve News/10823864
LAS VEGAS - TelAve -- Pacific Processing, a leading provider of ATM equipment, services, and portfolio management, today announces a $10M capital raise to fund ATM portfolio "Partial Acquisitions" or full acquisitions and within seven key markets throughout Southern California and Las Vegas, in addition to a nationwide "Micro Partnership" offering. Qualifying ATM portfolios should have between 25-250 machines.
These unique and blended acquisition/partnership strategies will allow independent ATM deployers (IADs) to grow their business by selling a piece of their company and rolling that cash back into their cash-loading inventory. Partnering with Pacific Processing leverages access to capital, industry knowledge, 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 partner investors. 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 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/partnership program is to help IADs accomplish their dream of being a business owner, instead of having the business 'own them.'"
More on TelAve News
"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" and "Micro Partnership" offerings are designed to allow ATM operators to scale more quickly, take more than a three-day vacation, not suffer to keep machines afloat through every single federal holiday weekend, and have more control over their growth."
Pacific Processing is making full or Partial Acquisitions strategically in the following 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)
The company's goal is to purchase 50-100% of the portfolio. If a full acquisition is completed, Pacific Processing will take over vaulting the ATMs within three months. "This is an ideal option for those who are ready to exit the business or need a strategic partner to allow them to make alternative investments or grow their portfolio," says Del Vecchio.
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.
More on TelAve News
Although all business inquiries will be considered, ATM portfolios meeting the following criteria, will take priority:
● 25-250 ATMs
● $5,000-75,000/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 DEALS HERE or send an email directly to partnerships@pacificprocessing.com.
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@pacificprocessing.com or call 1-855-472-2776, 1-855-4-PACPRO.
These unique and blended acquisition/partnership strategies will allow independent ATM deployers (IADs) to grow their business by selling a piece of their company and rolling that cash back into their cash-loading inventory. Partnering with Pacific Processing leverages access to capital, industry knowledge, 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 partner investors. 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 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/partnership program is to help IADs accomplish their dream of being a business owner, instead of having the business 'own them.'"
More on TelAve News
- Teaming Agreement with Emtel Energy USA to Advance Thin-Film PV Energy Storage Capabilities; NASA agreements for Solar Space Tech; Ascent Solar $ASTI
- Nebuvex Acknowledges Platform "Too Secure" for Anonymous Traders; Institutional Investors Disagree
- From Tokyo to Berlin: FreeTo.Chat Unites Cultures with the World's First Confession VRX — EmojiStream™
- AZETHIO Launches Multi-Million Dollar User Protection Initiative Following Unprecedented Platform Growth
- Matecrypt Observes South American Cryptocurrency Adoption Surge Amid Economic Shifts
"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" and "Micro Partnership" offerings are designed to allow ATM operators to scale more quickly, take more than a three-day vacation, not suffer to keep machines afloat through every single federal holiday weekend, and have more control over their growth."
Pacific Processing is making full or Partial Acquisitions strategically in the following 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)
The company's goal is to purchase 50-100% of the portfolio. If a full acquisition is completed, Pacific Processing will take over vaulting the ATMs within three months. "This is an ideal option for those who are ready to exit the business or need a strategic partner to allow them to make alternative investments or grow their portfolio," says Del Vecchio.
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.
More on TelAve News
- Assent Uncovers Over 695 Unique PFAS Across Global Supply Chains as Regulations Increase
- Cryptocurrency Quarterly Trading Volume Surpasses $15 Trillion Record High as BrazilNex Acknowledges Industry 'Growing Pains' Amid Market Speculation
- AHRFD Initiates Legal Proceedings Against Anwalt.de for Publishing Defamatory and False Content
- New Analysis Reveals the Complex Forces Driving the 'Great Human Reshuffle'
- Elevate Unveils GroundComm X30 at 2025 International GSE Expo in Las Vegas
Although all business inquiries will be considered, ATM portfolios meeting the following criteria, will take priority:
● 25-250 ATMs
● $5,000-75,000/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 DEALS HERE or send an email directly to partnerships@pacificprocessing.com.
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@pacificprocessing.com or call 1-855-472-2776, 1-855-4-PACPRO.
Source: Pacific Processing
Filed Under: Technology, Financial
0 Comments
Latest on TelAve News
- An Open Letter on the Impact of Netverse From the CEO of Phinge Corporation
- Twice the Laughs: Comedy Star Don Barnhart Rotates Residency at Both Delirious Comedy Club Locations in Las Vegas
- Your Body Isn't Broken—It's Out of Balance: The New Book Revealing the Blueprint to Restore Hormone Balance, Sleep, Gut & Metabolic Health
- Youth Take the Lead: Kopp Foundation for Diabetes Hosts "By Youth, For Youth, With T1D" Gala on October 8 at Blue Bell Country Club
- Green Office Partner Named #1 Best Place to Work in Chicago by Crain's for 2025
- CCHR, a Mental Health Watchdog Organization, Hosts Weekly Events Educating Citizens on Important Mental Health Issues
- Netverse Could Diminish the Reliance on Cyber Security Software & Companies Through its AI, Patented App-less Technologies & Phinge Mobile Hardware
- "Leading From Day One: The Essential Guide for New Supervisors" Draws from 25+ Years of International Management Experience
- New Slotozilla Project Explores What Happens When the World Goes Silent
- The Two Faces of Charles D. Braun: How the Novel, Posthumously Yours, Came to Life
- Counseling Center of New Smyrna Beach Expands Affordable Mental Health Services for Volusia County
- Athena Forge (ATFG) Introduces Advanced Token for Technology-Driven Financial Ecosystem
- Albuquerque's Z-CoiL Footwear Brings All-American Family Business Story to Shark Tank Season Premiere
- NoviSign Sponsoring VARTECH 2025 - the B2B IT channel's #1 event
- Unicorp and BH Group Select Chasing Creative—Palm Coast Agency—to Lead Growth Marketing for The Ritz-Carlton Residences, Hammock Dunes
- Breaking: 50+ runners from 20+ states relay custom 9/11 flag 485 miles from Shanksville through DC to Ground Zero for memorial remembrance run
- SecureMaine 2025 is this October 8th in Portland, Maine
- John Thomas calls for unity and prayer after tragic loss
- Where the Miami Dolphins Stand After Week 1
- Which NFL Teams Can Rebound from Week 1? OddsTrader Breaks Down the Biggest Questions