M&A Deal Summary

NCR Acquires Cardtronics

On January 25, 2021, NCR acquired financial services company Cardtronics for 2.5B USD

Acquisition Highlights
  • This is NCR’s 3rd transaction in the Financial Services sector.
  • This is NCR’s largest (disclosed) transaction.
  • This is NCR’s 21st transaction in the United States.
  • This is NCR’s 4th transaction in Texas.

M&A Deal Summary

Date 2021-01-25
Target Cardtronics
Sector Financial Services
Buyer(s) NCR
Deal Type Add-on Acquisition
Deal Value 2.5B USD
Advisor(s) Goldman Sachs Investment Banking Division (Financial)
Weil Gotshal & Manges LLP (Legal)

Target

Cardtronics

Houston, Texas, United States
website
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.

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Buyer(S) 1

Buyer

NCR

Atlanta, Georgia, United States

website


Category Company
Founded 1881
Sector Information Technology
Employees38,000
Revenue 7.2B USD (2021)
DESCRIPTION
NCR's corporate headquarters in Atlanta, Georgia.
NCR's corporate headquarters in Atlanta, Georgia.

NCR is a global technology company focused on providing an ATM and POS manufacturer. The company provides products and services that enable businesses to connect, interact and transact with their customers and enhance their customer relationships by addressing consumer demand for convenience, value and individual service. NCR was founded in 1881 and is based in Atlanta, Georgia.


DEAL STATS #
Overall 33 of 35
Sector (Financial Services) 3 of 3
Type (Add-on Acquisition) 30 of 32
State (Texas) 4 of 4
Country (United States) 21 of 23
Year (2021) 1 of 3
Size (of disclosed) 1 of 9
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2019-12-23 Zynstra

Bath, United Kingdom

Zynstra Ltd. is a software company run by highly experienced technology entrepreneurs. Zynstra Ltd. has a proven track record of anticipating crucial developments in information technology – those that can be leveraged to deliver innovatively, game-changing business software and delivering that step change in partnership with some of the most complex and rigorous IT organizations in the world.

Buy £100M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-02-08 Terafina

San Ramon, California, United States

Terafina offers customer account opening and onboarding across digital, branch, and call center channels. Terafina expands sales and marketing capabilities in its industry-leading Digital First Banking platform to drive revenue growth across consumer and business market segments. Terafina was founded in 2014 and is based in San Ramon, California.

Buy -