I look forward to leading our team and Marlin portfolio partners to identify opportunities and markets that accelerate growth for both FCTI and our customers.
Los Angeles, CA (PRWEB) November 17, 2011
Marlin Equity Partners is pleased to announce Paul Cooley as President and COO of FCTI, Inc. Cooley brings nearly 30 years of leadership experience and an extensive background in business development and operations. An experienced business strategist with a strong track record of developing growth in the professional services and high-tech industries, he will lead the company’s new vision for growth in the ATM Services space.
Leveraging a deep understanding of market drivers, Cooley will enable the company’s shift in focus to a strategic growth model. To support the aggressive pursuit of market opportunities, FCTI will continue to develop strategic industry alliances that deliver value and increase revenue for FCTI’s customers.
“I look forward to leading our team and Marlin portfolio partners to identify opportunities and markets that accelerate growth for both FCTI and our customers,” Cooley says. “By leveraging our experience in ATM services and building on the successful foundation built over the years, we can continue to help our customers increase revenue and take advantage of opportunities for expansion.”
Prior to joining FCTI, Cooley served as the President of ProLogic Redemption Solutions, another Marlin Equity Partners company. During his tenure at ProLogic, Paul oversaw strategic growth within the coupon processing industry and expanded ProLogic’s service offerings to encompass total financial redemption services, including digital coupons and pharmacy receivables.
Before working with Marlin Equity Partners, Paul Cooley served as Senior Vice President of the Gores Group. Within the Gores Group, he served as President and CEO of Proxicom, Inc. His efforts there ultimately led to a revenue growth to $54M and the subsequent sale of Proxicom to iCrossing, showing a 5x return on investment for Gores.
About FCTI, Inc.
FCTI is a leading nationwide ATM Network and Service Provider. Since 1993, the nation's largest banks, retailers and hospitality brands have relied on FCTI to grow their revenues with ATMs. With a focus on customer service, FCTI enables companies to drive additional revenue without upfront investment in hardware, ensuring a full-service approach that reduces the cost and hassle associated with maintenance, cash management and ATM compliance. Learn more at http://www.fcti.net.