Investment Summary

Glory Invests In Acrelec

On February 11, 2020, Glory invested in technology hardware company Acrelec

Investment Highlights
  • This is Glory’s 2nd transaction in the Technology Hardware sector.
  • This is Glory’s 1st transaction in France.

Investment Summary

Date 2020-02-11
Target Acrelec
Sector Technology Hardware
Investor(s) Glory
Deal Type Stake Purchase
Advisor(s) Goodwin Procter (Legal)

Target

Acrelec

Saint-Thibault-des-Vignes, France
Acrelec is a provider of customer experience technology and digital transformation solutions for the food services and retail industry. Acrelec was founded in 2004 and is headquartered in Saint-Thibault-des-Vignes, Île-de-France, France.

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Investor(S) 1

Investor

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 7 of 9
Sector: Technology Hardware M&A 2 of 2
Type: Stake Purchase M&A Deals 2 of 2
Country: France M&A 1 of 1
Year: 2020 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2019-05-08 Grupo Sortek S.A. de C.V.

Mexico City, Mexico

Grupo Sortek S.A. de C.V. is a provider of cash sorting solutions. Sortek offers a wide range of automation machines for the entry, counting and safe deposit of cash. Grupo Sortek S.A. de C.V. was founded in 1997 and is based in Mexico City, Mexico.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-11-29 Revolution Retail Systems

Carrollton, Texas, United States

Revolution Retail Systems engages in the design of cash management solutions for the broad retail marketplace. This unique focus has led to the deployment of equipment into hotels, universities, big-box retail, grocery, casinos, airports, and truck stops nationally and internationally. Revolution Retail Systems is based in Carrollton, Texas.

Buy -