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

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.