Announced
Financials
Sources
Tags
Payments / Commerce
Private
Single Bidder
United States
Domestic
Majority
Pending
payments
Acquisition
Friendly
Private Equity
Synopsis
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.
© COPYRIGHT 2024 MERGERLINKS LIMITED.
ALL RIGHTS RESERVED.
15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.