ecoATM - Onex Falcon
ecoATM
Rapidly growing company requiring flexible capital for expansion
Business Description:
ecoATM, Inc. operates a network of self-service kiosks that automate the inspection, pricing, payment, and third-party logistics take-back of used portable consumer electronics (mobile phones, MP3 players, tablet PCs) directly from consumers in exchange for cash.
Falcon Solution:
Falcon structured a flexible debt instrument that provided the company with capital to finance its rapid growth while minimizing the amount of dilution to existing equity holders.
