M&A Deal Summary

Cardtronics Acquires Spark ATM Systems Proprietary

On January 31, 2017, Cardtronics acquired business services company Spark ATM Systems Proprietary

Acquisition Highlights
  • This is Cardtronics’ 4th transaction in the Business Services sector.
  • This is Cardtronics’ 1st transaction in South Africa.

M&A Deal Summary
Date 2017-01-31
Target Spark ATM Systems Proprietary
Sector Business Services
Buyer(s) Cardtronics
Deal Type Add-on Acquisition
Advisor(s) Novitas Capital Advisors (Pty) Ltd. (Financial)

Target

Spark ATM Systems Proprietary

Cape Town, South Africa
Spark ATM Systems Proprietary Ltd. is an independent ATM deployer in South Africa, installing and operating industry-leading ATM equipment to service the South African bank and retail ATM market.

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Buyer(S) 1

Buyer

Cardtronics

Houston, Texas, United States
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 19 of 19
Sector (Business Services) 4 of 4
Type (Add-on Acquisition) 18 of 18
Country (South Africa) 1 of 1
Year (2017) 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2017-01-06 DirectCash Payments

Calgary, Alberta, Canada

DirectCash Payments, Inc. is a ATM services provider with primary operations in Australia, Canada and the United Kingdom.

Buy $464M
Mergr

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