Announced
Financials
Tags
cash automation equipment
United States
Friendly
Pending
Private Equity
Payments / Commerce
Single Bidder
Private
Majority
Cross Border
Acquisition
Synopsis
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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