M&A Deal Summary

Loomis AB Acquires Cardtronics - Retail Cash Handling Operations

On May 26, 2015, Loomis AB acquired financial services company Cardtronics - Retail Cash Handling Operations from Cardtronics for 18M GBP

Acquisition Highlights
  • This is Loomis AB’s 1st transaction in the Financial Services sector.
  • This is Loomis AB’s 2nd largest (disclosed) transaction.
  • This is Loomis AB’s 1st transaction in the United Kingdom.

M&A Deal Summary

Date 2015-05-26
Target Cardtronics - Retail Cash Handling Operations
Sector Financial Services
Buyer(s) Loomis AB
Sellers(s) Cardtronics
Deal Type Divestiture
Deal Value 18M GBP

Target

Cardtronics - Retail Cash Handling Operations

United Kingdom
Cardtronics U.K.'s cash-in-transit business provides cash pickup and delivery services for retail stores,

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Buyer(S) 1

Buyer

Loomis AB

Stockholm, Sweden

website


Category Company
Founded 1852
Sector Business Services
Employees21,000
DESCRIPTION

Loomis AB is a provider of comprehensive solutions for cash handling primarily to banks and retailers.


DEAL STATS #
Overall 1 of 6
Sector (Financial Services) 1 of 2
Type (Divestiture) 1 of 5
Country (United Kingdom) 1 of 1
Year (2015) 1 of 2
Size (of disclosed) 2 of 5
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2015-11-02 Dunbar Armored - Global Logistics operations

United States

Dunbar Armored - Global Logistics operations is a provider of transportation services.

Buy $4M

Seller(S) 1

SELLER

Cardtronics

Houston, Texas, United States

website


Category Company
Founded 1989
Sector Financial Services
Employees1,987
Revenue 1.3B USD (2019)
DESCRIPTION
Entrance to Cardtronics' corporate headquarters in Houston, Texas.
Entrance to Cardtronics' corporate headquarters in Houston, Texas.

Cardtronics is a provider of integrated Automated Teller Machine and financial kiosk products and services. Cardtronics was formed in 1989 and is based in Houston, Texas.


DEAL STATS #
Overall 1 of 1
Sector (Financial Services) 1 of 1
Type (Divestiture) 1 of 1
Country (United Kingdom) 1 of 1
Year (2015) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2014-10-07 WSILC

Peoria, Illinois, United States

Welch ATM is an independent ATM and financial technology services company. The Welch ATM management team together boasts more than a century of industry experience. Welch has utilized these industry knowledge and skills to develop relationships with over 500 financial institutions and major retailers.

Buy $160M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2015-07-01 Columbus Data Services

Dallas, Texas, United States

Columbus Data Services LLC is a ATM and issuer processor, providing ATM ISOs, financial institutions, and merchants with ATM driving and management services, network gateway access and debit card management services.

Buy -