Announced
Completed
Financials
Tags
FinTech
atms
United States
Acquisition
Public
Friendly
Domestic
Majority
Single Bidder
Completed
Private Equity
Synopsis
NCR, a global enterprise technology provider for the financial, retail and hospitality industries, completed the acquisition of Cardtronics, a non-bank ATM operator and service provider, for $2.5bn. Cardtronics terminated its previously announced acquisition agreement with Apollo Global Management and paid the termination fee of $32.6m. “We are pleased to reach today’s milestone and to be one step closer to combining our two outstanding companies. This combination will accelerate our NCR as a Service strategy and enhance our ability to provide technology solutions and capabilities that run our customers’ businesses,” Michael D. Hayford, NCR President and Chief Executive Officer.
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