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New Deal


Announced

Completed

NCR completed the acquisition of Cardtronics for $2.5bn.

Financials

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Transaction Value£1,826m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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FinTech

atms

United States

Acquisition

Public

Friendly

Domestic

Majority

Single Bidder

Completed

Private Equity

Synopsis

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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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