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Announced

GardaWorld to acquire Tidel from Littlejohn for $707m.

Financials

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Transaction Value£526m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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cash automation equipment

United States

Friendly

Pending

Private Equity

Payments / Commerce

Single Bidder

Private

Majority

Cross Border

Acquisition

Synopsis

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GardaWorld, one of the largest security companies in the world, agreed to acquire Tidel, a provider of cash automation technology, from Littlejohn, a Connecticut-based investment firm, for $707m. "Littlejohn has been a tremendous strategic partner for our business. They have supported our efforts to meaningfully invest in the business and provided guidance as we have executed on our numerous growth initiatives. We look forward to continuing our journey as part of Sesami, a newly created cash ecosystem performance and technology company," Darren Taylor, Tidel President and CEO.

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