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
Cardtronics and Allpoint are registered trademarks of Cardtronics, Inc.
All other trademarks are the property of their respective owners.
CONTACT: Media Relations
Director - Public Relations
Chief Financial Officer
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