M&A Deal Summary

Glory Acquires Advanced Transaction Systems

On November 2, 2015, Glory acquired information technology company Advanced Transaction Systems

Acquisition Highlights
  • This is Glory’s 1st transaction in the Information Technology sector.
  • This is Glory’s 1st transaction in New Zealand.

M&A Deal Summary

Date 2015-11-02
Target Advanced Transaction Systems
Sector Information Technology
Buyer(s) Glory
Deal Type Add-on Acquisition

Target

Advanced Transaction Systems

Auckland, New Zealand
Advanced Transaction Systems Ltd. is a provider of cash handling IT solutions to both the retail and banking industries.

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Buyer(S) 1

Buyer

Glory

Basingstoke, United Kingdom

Category Company
Sector Information Technology
DESCRIPTION

Glory is a provider of IT secure cash management solutions that provide the financial, retail, QSR, cash center, and gaming industries with confidence that their cash is protected and always working to help build a stronger business. Glory cash automation technologies and process engineering services help businesses in more than 100 countries optimize the handling, movement, and management of cash. Glory is based in Basingstoke, United Kingdom.


DEAL STATS #
Overall 3 of 8
Sector (Information Technology) 1 of 3
Type (Add-on Acquisition) 2 of 6
Country (New Zealand) 1 of 1
Year (2015) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2013-02-05 United Steel Structures

Guangzhou, China

USSL is one of the largest structural steel fabricators in China targeting global structural steel market. It takes full advantage of industry-leading technology and advanced equipment, extensive project management skills and high English proficiency, coupled with on-time, on-budget performance, and earns the trusts and supports from the worlds’ top clients in a variety of sectors across the globe.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2016-04-04 REV Ventures

Atlanta, Georgia, United States

REV Ventures LLC (dba Reevex) is a developer of software solutions that address consumers’ and business’s needs for secure physical transactions.

Buy -