M&A Deal Summary

Sharenet Acquires Express Teller Services

On August 25, 2014, Sharenet acquired electronics company Express Teller Services

Acquisition Highlights
  • This is Sharenet’s 1st transaction in the Electronics sector.
  • This is Sharenet’s 1st transaction in the United States.
  • This is Sharenet’s 1st transaction in Arizona.

M&A Deal Summary
Date 2014-08-25
Target Express Teller Services
Sector Electronics
Buyer(s) Sharenet
Deal Type Add-on Acquisition

Target

Express Teller Services

Phoenix, Arizona, United States
Express Teller Services, Inc., is a full-service provider of EFT financial service products for financial institutions and retailers throughout the Southwest United States.

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Buyer(S) 1

Buyer

Sharenet

Syracuse, New York, United States
Category Company
Founded 1994
Sector Business Services
DESCRIPTION

Sharenet provides turnkey ATM management services to meet the branch and off-premises needs of FIs. The company's offerings include a full-service outsourcing program, a surcharge-free ATM network, and a branding program.

DEAL STATS #
Overall 1 of 1
Sector (Electronics) 1 of 1
Type (Add-on Acquisition) 1 of 1
State (Arizona) 1 of 1
Country (United States) 1 of 1
Year (2014) 1 of 1
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