Cardtronics Acquires Assets of Merrimak ATM Group
HOUSTON, June 3, 2013 (GLOBE NEWSWIRE) -- Cardtronics, Inc. (Nasdaq:CATM) today announced its wholly owned subsidiary, Cardtronics USA, Inc., has acquired the assets of Merrimak ATM Group, LLC. Based in Rohnert Park, Calif. and an independent ATM deployer since 1995, Merrimak ATM Group provides ATM services—primarily ATM sales, transaction processing and ATM managed services—to a nationwide fleet of 4,800 ATMs, consisting almost entirely of merchant-owned cash machines. The transaction was signed and closed on June 3; terms of the deal were not disclosed.
Tremont Capital Group, Inc. served as exclusive strategic advisor to Merrimak ATM Group, LLC in this transaction.
About Cardtronics (Nasdaq:CATM)
Making ATM cash access convenient where people shop, work and live their lives, Cardtronics is at the convergence of retailers, financial institutions, prepaid card programs and the customers they share. Cardtronics owns/operates 70,800 retail ATMs in U.S. and international locales. Whether Cardtronics is driving foot traffic for America's most relevant retailers, enhancing ATM brand presence for card issuers or expanding card holders' surcharge-free cash access on the local, national or global scene, Cardtronics is convenient access to cash, when and where consumers need it. Cardtronics is where cash meets commerce.
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