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New Deal


Announced

Brink’s to acquire Payment Alliance International from Further Global Capital for $213m.

Financials

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Transaction Value£153m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Payments / Commerce

Private

Single Bidder

United States

Domestic

Majority

Pending

payments

Acquisition

Friendly

Private Equity

Synopsis

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Brink’s, a provider of total cash management, route-based secure logistics and payment solutions, agreed to acquire Payment Alliance International, an American privately-owned provider of ATM services, from Further Global Capital, a private equity firm, for $213m. “Strategy 2.3 is all about delivering digital solutions that make full-service ATM management and outsourcing easier and more efficient for retailers, financial institutions and consumers. PAI brings a strong management team led by David Dove, robust technology and a scalable, asset-light business model that complements our existing capabilities," Doug Pertz, Brink’s President and CEO.

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