M&A Deal Summary

Cardtronics Acquires Sunwin Services Group

On September 2, 2014, Cardtronics acquired safety/security company Sunwin Services Group from Co-operative Group for 42M GBP

Acquisition Highlights
  • This is Cardtronics’ 1st transaction in the Safety/Security sector.
  • This is Cardtronics’ 5th largest (disclosed) transaction.
  • This is Cardtronics’ 4th transaction in the United Kingdom.

M&A Deal Summary
Date 2014-09-02
Target Sunwin Services Group
Sector Safety/Security
Buyer(s) Cardtronics
Sellers(s) Co-operative Group
Deal Type Divestiture
Deal Value 42M GBP

Target

Sunwin Services Group

Bradford, United Kingdom
Sunwin Services Group provides secure cash logistics and ATM maintenance to the Co-op Food ATM estate.

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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 15 of 19
Sector (Safety/Security) 1 of 1
Type (Divestiture) 1 of 1
Country (United Kingdom) 4 of 4
Year (2014) 2 of 3
Size (of disclosed) 5 of 8
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2014-02-06 Automated Financial

Chandler, Arizona, United States

Automated Financial LLC is a provider of ATM services.

Buy -
FOLLOWING 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

Seller(S) 1

SELLER

Co-operative Group

Manchester, United Kingdom
Category Company
Sector Retail
DESCRIPTION

The Co-operative Group is a British consumer cooperative with a diverse range of retail businesses.

DEAL STATS #
Overall 1 of 1
Sector (Safety/Security) 1 of 1
Type (Divestiture) 1 of 1
Country (United Kingdom) 1 of 1
Year (2014) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2008-07-16 Somerfield

Bristol, United Kingdom

Founded in 1875, Somerfield was the fifth largest grocery retailer in the UK in 2009, operating out of small, local stores to serve the 'convenience shoppers' market.

Buy £1.6B
Mergr

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