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Altered Capital invests in Echo Tech to drive national expansion of sustainable e-waste solutions

Echo Tech Limited, New Zealand’s leading provider of e-waste recycling and IT asset recovery services, is proud to announce a strategic investment from growth equity firm Altered Capital.
This partnership marks a pivotal milestone in Echo Tech’s mission to build nationwide infrastructure for responsible e-waste management and circular technology solutions.
The investment will enable Echo Tech to accelerate its expansion into key regions across New Zealand, including Christchurch and other underserved markets, while deepening its commitment to innovation, growth, and climate-positive operations.
With major facilities already operating in Auckland and Wellington, Echo Tech’s full service offering is helping customers responsibly manage surplus electronics while ensuring information security and value maximisation.
Through transparent reporting, certified processes, and a focus on reuse and material recovery, the company helps partners meet sustainability goals while unlocking hidden value in their IT assets.
Patrick Moynahan, CEO of Echo Tech, comments: “This investment from Altered Capital will enable us to fast-track our national growth strategy and bring our industry-leading recycling and recovery solutions to more communities and businesses across New Zealand. We chose Altered Capital because of who they are as people, their proven track record, and commitment to supporting our growth journey.
“We know New Zealand has a mounting e-waste problem. We are among the highest e-waste generators per capita in the world and produce approximately 80,000 to 100,000tonnes of electronic waste per year (equivalent to 20kg per person).
“With this in mind, we’re proud to be making a meaningful impact on this problem, setting new standards for environmental stewardship, data security, and customer value in the e-waste sector.”
Sam Rapson, Partner at Altered Capital, added: “Echo Tech is redefining what responsible technology disposal looks like in New Zealand. Their scalable model, strong leadership, and commitment to responsibly solving New Zealand’s e-waste challenge make them an ideal partner for long-term growth.
“We’re excited to support Patrick and the Echo Tech team as they expand their reach and impact.”
Echo Tech’soperations are underpinned by globally recognised certifications, includingR2v3 and ISO standards, ensuring the highest levels of environmental, healthand safety, and data protection compliance.
The company also recently achieved a Climate Positive business certification from Ekos, a leading provider of environmental auditing services, reinforcing its role as a sustainability leader.
This partnership with Altered Capital signals a bold step forward in transforming how New Zealand manages e-waste, delivering smarter solutions that benefit businesses, communities and the country as a whole.