M&A Deal Summary

PAI Acquires Avery Scott

On January 4, 2017, PAI acquired business services company Avery Scott

Acquisition Highlights
  • This is PAI’s 3rd transaction in the Business Services sector.
  • This is PAI’s 10th transaction in the United States.
  • This is PAI’s 2nd transaction in Kentucky.

M&A Deal Summary

Date 2017-01-04
Target Avery Scott
Sector Business Services
Buyer(s) PAI
Deal Type Add-on Acquisition

Target

Avery Scott

Louisville, Kentucky, United States
Avery Scott LLC is a full-service independent ATM deployer based in Louisville, Kentucky. The company owns and operates a network of ATMs located in Kentucky, Indiana, Ohio and Florida, plus processes transactions for businesses owning and operating their own ATMs.

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Buyer(S) 1

Buyer

PAI

Louisville, Kentucky, United States

Category Company
Founded 2005
Sector Business Services
Employees225
DESCRIPTION

PAI is a provider of independent ATM deployments and portfolio management services. PAI delivers tools and services for ATM portfolio owners & operators, retailers, financial institutions, and independent operators/ISOs. PAI was founded in 2005 and is based in Louisville, Kentucky.


DEAL STATS #
Overall 10 of 14
Sector (Business Services) 3 of 6
Type (Add-on Acquisition) 10 of 14
State (Kentucky) 2 of 2
Country (United States) 10 of 14
Year (2017) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2010-02-01 WRG Services

Willoughby, Ohio, United States

WRG Services, Inc. is an ATM independent sales organizations. WRG has more than 300 distributor relationships and a portfolio of over 12,000 deployed ATMs in the United States.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2019-06-18 ISA-Ecash

Norwood, Massachusetts, United States

ISA-Ecash is a full-service ATM management company to financial institutions, retailers and independent operators. ISA-Ecash is headquartered in Norwood, Massachusetts.

Buy -