Cardtronics Acquires Assets of Automated Financial
Merchant ATM Business Expands at Cardtronics as Company Adds ATMs and a
Southwest Regional Office
HOUSTON, Feb. 6, 2014 (GLOBE NEWSWIRE) -- Cardtronics (Nasdaq:CATM) has grown
its U.S. ATM estate to 66,400 ATMs — the result of adding 2,100 merchant ATM
contracts when Cardtronics USA, Inc. acquired the ATM business assets of
Chandler, Ariz.-based Automated Financial, LLC. The transaction was signed and
closed on Feb. 6; terms of the deal were not disclosed.
Delivering growth to Cardtronics' Independent Merchant ATM business, as well
as additional diversification to the company's global ATM portfolio, the
Automated Financial transaction also helped the company establish a sales and
service office in Arizona. In recent years, acquisitions by Cardtronics have
added regional hubs for the company in New Jersey, Minnesota, Oregon,
California and now Arizona.
All Automated Financial cash machines will be converted to the Cardtronics
About Cardtronics (Nasdaq:CATM)
Making ATM cash access convenient where people shop, work and live,
Cardtronics is at the convergence of retailers, financial institutions,
prepaid card programs and the customers they share. Cardtronics owns/operates
more than 82,700 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.
Media Relations Investor Relations
Nick Pappathopoulos Chris Brewster
Director – Public Relations Chief Financial Officer
Cardtronics is a registered trademark of Cardtronics, Inc.
All other trademarks are the property of their respective owners.
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