Key Developments: Cardtronics Inc (CATM.O)

CATM.O on Nasdaq

36.21USD
22 Jul 2014
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Latest Key Developments (Source: Significant Developments)

Cardtronics Inc Announces Acquisition Of Cardpoint Limited
Wednesday, 7 Aug 2013 07:07am EDT 

Cardtronics Inc announced that has acquired Cardpoint Limited, which trades as ATM services provider Cashzone in the United Kingdom, and as Cardpoint in Germany. In conjunction with this deal, Cardtronics introduces a new corporate identity for its European operations, Cardtronics Europe, which will combine Cashzone, Cardpoint and Bank Machine, Cardtronics' existing U.K. subsidiary. Cardtronics Europe Limited, a newly formed subsidiary of Cardtronics Inc., acquired Cardpoint Limited from Payzone Ventures Limited on 7 August for cash purchase consideration (paid at closing) of approximately GBP100 million (approx. $153 million). In the trailing 12 months through 30 June this year, Cardpoint Limited generated revenue of $101 million. In preparation for the closing of this acquisition, Cardtronics executed an amendment to its revolving credit facility to increase the borrowing capacity from $250 million to $375 million. Post-closing, Cardtronics Inc. has approximately $100 million in available unused credit capacity under its revolving credit facility.  Full Article

Cardtronics Inc Lowers FY 2013 Revenue Guidance; Raises FY 2013 Earnings Guidance
Wednesday, 31 Jul 2013 04:01pm EDT 

Cardtronics Inc updated fiscal 2103 guidance and expects revenues in the range of $825.0 million to $840.0 million; adjusted EBITDA of $206.0 million to $211.0 million and Adjusted Net Income of $1.79 to $1.84 per diluted share (EPS). The Adjusted EBITDA and Adjusted Net Income guidance excludes the impact of certain expenses. Additionally, this guidance is based on average foreign currency exchange rates for the remainder of the year of $1.50 U.S. to GBP1.00 U.K., $13.00 Mexican pesos to $1.00 U.S., and $1.00 Canadian dollar to $1.00 U.S. According to I/B/E/S Estimates, analysts are expecting the Company to report revenue of $838 million, EBITDA of $206 million and EPS of $1.76 for fiscal 2013.  Full Article

Cardtronics Inc' Subsidiary Acquires Assets Of Merrimak ATM Group
Monday, 3 Jun 2013 04:30pm EDT 

Cardtronics Inc 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, 2013 terms of the deal were not disclosed.  Full Article

Cardtronics Inc Reaffirms FY 2013 Guidance
Thursday, 2 May 2013 04:02pm EDT 

Cardtronics Inc announced that for fiscal 2013, it expects revenues of $835.0 million to $850.0 million, adjusted EBITDA of $202.0 million to $209.0 million and adjusted Net Income of $1.72 to $1.79 per diluted share. According to I/B/E/S Estimates, analysts are expecting the Company to report revenue of $842.3 million, EBITDA of $206 million and EPS of $1.76 for fiscal 2013.  Full Article

Cardtronics Inc Acquires Assets Of Aptus Financial
Wednesday, 1 May 2013 05:00pm EDT 

Cardtronics Inc's Cardtronics USA, Inc announced that it has acquired the assets of Aptus Financial , Based in Portland, Ore. and founded in 2002, Aptus Financial provides ATM services to a nationwide fleet of 3,300 ATMs, with the vast majority owned by independent merchants. The transaction was signed and closed on May 1; terms of the deal were not disclosed.  Full Article

Cardtronics Inc Indirect Subsidiary Acquires i-design
Thursday, 7 Mar 2013 07:30am EST 

Cardtronics Inc announced that its indirectly wholly owned subsidiary, Cardtronics Creative UK Ltd., has acquired i-design group plc Based in Scotland, i-design provides the technology and services that transform ATM screens (and receipts) into delivery devices for interactive customer communications by financial institutions, as well as advertising space for retailers, third-party advertisers and independent ATM owners. Financial terms of the transaction were not disclosed.  Full Article

Cardtronics Inc Issues FY 2013 Guidance; Revenue Guidance Above Analysts' Estimates
Thursday, 7 Feb 2013 04:01pm EST 

Cardtronics Inc announced that for fiscal 2013, it expects revenue to be in the range of $835.0-$850.0 million, adjusted EBITDA in the range of $202.0-$209.0 million and adjusted net income in the range of $1.72-$1.79 per diluted share (EPS). According to I/B/E/S Estimates, analysts are expecting the Company to report revenue of $823 million, EBITDA of $206 million and EPS of $1.79 for fiscal 2013.  Full Article

Cardtronics Inc's Subsidiary Acquires Can-Do-Cash Ltd
Wednesday, 12 Dec 2012 07:30am EST 

Cardtronics Inc announced that its wholly-owned subsidiary, Cardtronics Canada, Ltd., has acquired Can-Do-Cash, Ltd a privately held ATM services company headquartered in Ottawa and founded in 2000. Expanding the overall Cardtronics Canada ATM portfolio by 800 cash machines, Can-Do-Cash delivers accelerated growth primarily in Ontario and Quebec.  Full Article

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