ecoATM Newswire

ecoATM Newswire

Comprehensive Real-Time News Feed for ecoATM.

Results 1 - 9 of 9 in ecoATM

  1. EcoATM Gets New CEO After Private Equity AcquisitionRead the original story

    Sep 27, 2016 | SocalTECH.com

    San Diego-based ecoATM has appointed David D. Maquera as its CEO, after the completion of the company's acquisition by private equity investor Apollo Global Management . Apollo paid approximately $1.6 billion for ecoAtM's parent company, Outerwall , which it is splitting back into three separate companies--Redbox, Coinstar, and ecoATM.

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  2. Redbox owner to be sold to Apollo for $1.6 billionUpdated Jul 25, 2016,Read the original story w/Photo

    Jul 25, 2016 | The San Diego Union-Tribune

    ... following the sale, and its common shares will be delisted from public markets. Outerwall acquired San Diego-based ecoATM for $350 million in 2013. EcoATM operates its own kiosk network focused on accepting used mobile phones, tablets and MP3 ...

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  3. EcoATM Parent Outerwall Acquired By Private Equity InvestorRead the original story

    Jul 25, 2016 | SocalTECH.com

    Outerwall , the parent company of San Diego's EcoATM , has agreed to a private equity buyout by Apollo Global Management , about five months after Outerwall launched an effort to find a buyer . EcdoATM is a San Diego company which operates cell phone recycling kiosks at malls and other locations across the nation, and had been the target of activist investors, unhappy with that unit's financial performance.

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  4. Cellphone recycler ecoATM slashes workforceRead the original story w/Photo

    May 2, 2016 | The San Diego Union-Tribune

    Outerwall, the parent of cell phone recycling kiosk maker ecoATM, is cutting its San Diego workforce in half to cut costs. - David Brooks Outerwall, the parent of cell phone recycling kiosk maker ecoATM, is cutting its San Diego workforce in half to cut costs.

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  5. Is San Diego's ecoATM for sale?Mar 18, 2016,Read the original story w/Photo

    Mar 18, 2016 | The San Diego Union-Tribune

    EcoATM, which makes electronics recycling kiosks, could be on the auction block as parent company Outerwall explores strategic options. - David Brooks Outerwall, the parent company of San Diego cell phone recycler ecoATM, said this week that it would explore strategic alternatives after a large shareholder called for the company to shed its money-losing ecoATM division.

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  6. EcoATM's Parent, Outerwall, Seeks BuyerRead the original story

    Mar 15, 2016 | SocalTECH.com

    Outerwall , the parent company of San Diego-based cellphone recycling kiosk operator EcoATM , said late Monday that it has hired an investment banker, and is now looking at "strategic alternatives". Outerwall, which also owns Redbox and Coinstar, said that it has hired Morgan Stanley and Perkins Coie to help it to "explore strategic and financial alternatives" -- including a sale of the company -- as a crisis at the company has deepened.

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  7. Two 'Seasoned and Successful' Entrepreneurs Join UC San Diego to Guide Student InnovatorsRead the original story

    Mar 9, 2016 | San Diego NewsCape

    ... measure of value to our Entrepreneurs-in-Residence program." They join investor Tim Rueth, former CBO Ted Daley, and ecoATM co-founder John Beane, in place since early 2016 and actively working now with students and faculty members to develop ...

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  8. EcoATM Targeted By Outerwall Investor Group, Seeking Sale Or ShutdownRead the original story

    Feb 22, 2016 | SocalTECH.com

    San Diego-based cell phone recycling kiosk operator ecoATM , which is owned by Outerwall, is being targeted by an investor group which wants Outerwall to shut down or sell off ecoATM--as well as other assets. According to Engaged Capital LLC , it believes Outerwall's current management have impaired the valuation of the company, and is demanding that Outerwall "shut down or sell" ecoATM, among other moves.

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  9. EcoATM Targeted By Outerwall Investor Group, Seeking Sale Or ShutdownRead the original story

    Feb 22, 2016 | SocalTECH.com

    San Diego-based cell phone recycling kiosk operator ecoATM , which is owned by Outerwall, is being targeted by an investor group which wants Outerwall to sell of ecoATM--as well as other assets. According to Engaged Capital LLC , it believes Outerwall's current management have impaired the valuation of the company, and is demanding that Outerwall "shut down or sell" ecoATM, among other moves.

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