M&A Deal Summary

Feniks Acquires Outerwall - Rubi Coffee Kiosk Business

On April 2, 2014, Feniks acquired consumer services company Outerwall - Rubi Coffee Kiosk Business from Outerwall

Acquisition Highlights
  • This is Feniks’ 1st transaction in the Consumer Services sector.
  • This is Feniks’ 1st transaction in the United States.

M&A Deal Summary

Date 2014-04-02
Target Outerwall - Rubi Coffee Kiosk Business
Sector Consumer Services
Buyer(s) Feniks
Sellers(s) Outerwall
Deal Type Divestiture

Target

Outerwall - Rubi Coffee Kiosk Business

United States
Rubi Coffee Kiosk Business is a provider of automated coffee vending machines.

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Buyer(S) 1

Buyer

Feniks

Seattle, Washington, United States

Category Company
Founded 2014
Sector Consumer Services
DESCRIPTION

Feniks, Inc.is a startup and owner of the Rubi Micro-Cafe concept.


DEAL STATS #
Overall 1 of 1
Sector: Consumer Services M&A 1 of 1
Type: Divestiture M&A Deals 1 of 1
Country: United States M&A 1 of 1
Year: 2014 M&A 1 of 1

Seller(S) 1

SELLER

Outerwall

Bellevue, Washington, United States

Category Company
Founded 1989
Sector Consumer Services
Employees2,670
Revenue 2.2B USD (2015)
DESCRIPTION

Outerwall is a provider of retail kiosks in North America and the UK. Outerwall operates Coinstar money kiosks, Redbox DVD rental kiosks, as well as ATM machines. Outerwall was formed in 1989 and is based in Bellevue, Washington.


DEAL STATS #
Overall 1 of 2
Sector: Consumer Services M&A 1 of 1
Type: Divestiture M&A Deals 1 of 2
Country: United States M&A 1 of 2
Year: 2014 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2013-07-02 ecoATM

San Diego, California, United States

ecoATM 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.

Buy $350M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2015-10-29 Gazelle

Boston, Massachusetts, United States

Gazelle.com is an online site that buys and sells pre-owned consumer electronics, including smartphones, tablets, desktop and laptop computers.

Buy $18M