Sale of majority stake in Echo Technology Lifecycle Solutions to Altered Capital
BDO advised Echo Technology Lifecycle Solutions (Echo Tech), New Zealand’s leading provider of e‑waste recycling and IT asset recovery services, on the sale of a majority stake to private equity and venture capital firm Altered Capital.
The transaction involved Altered Capital acquiring a 75% interest in Echo Tech, enabling the business to accelerate its expansion into key regions across New Zealand, including Christchurch, while continuing to invest in innovation, growth, and climate‑positive operations.
The investment supports Echo Tech’s ambition to expand access to sustainable e‑waste solutions across underserved markets nationwide.
The BDO Deal Advisory team was led by Andrew Grace and supported by Darren Manson, providing vendor financial due diligence services.