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M&A Deal Summary

Qwinstar Acquires CashTech Currency Products

On August 20, 2018, Qwinstar acquired manufacturer CashTech Currency Products

Acquisition Highlights
  • This is Qwinstar’s 1st transaction in the Manufacturing sector.
  • This is Qwinstar’s 1st transaction in Canada.
  • This is Qwinstar’s 1st transaction in Ontario.

M&A Deal Summary
Date 2018-08-20
Target CashTech Currency Products
Sector Manufacturing
Buyer(s) Qwinstar
Deal Type Merger

Target

CashTech Currency Products

Mississauga, Ontario, Canada
CashTech Currency Products is a provider of maintenance and technical service solutions to financial institutions, cash processors, cash in transit (CITs), OEMs, resellers, and retailers. CashTech Currency Products was founded in Mississauga, Ontario.

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Buyer(S) 1

Buyer

Qwinstar

St. Paul, Minnesota, United States
Category Company
Sector Manufacturing
DESCRIPTION
Qwinstar's corporate headquarters in St. Paul, Minnesota.
Qwinstar's corporate headquarters in St. Paul, Minnesota.

Qwinstar provides parts, supplies, implementation, and maintenance services for a comprehensive portfolio of client solutions including cash automation, intelligent safes, bank branch automation, remittance processing, printing, and high-speed document imaging equipment. Qwinstar is based in St. Paul, Minnesota.

DEAL STATS #
Overall 2 of 2
Sector: Manufacturing M&A 1 of 1
Type: Merger M&A Deals 2 of 2
State: Ontario M&A 1 of 1
Country: Canada M&A 1 of 1
Year: 2018 M&A 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2018-08-20 3 Point Alliance

Ridgefield Park, New Jersey, United States

3 Point Alliance is a provider of outsourced payment remittance services and maintenance services for mechanical check processing and other financial equipment in the United States and Canada. 3 Point Alliance was founded in 1990 and is based in Ridgefield Park, New Jersey.

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