Cardtronics Acquires Assets of Automated Financial

ATM company adds 2,100 machines and a southwest regional office

Published in CSP Daily News

Cardtronics and Automated Financial

HOUSTON -- Cardtronics has grown its U.S. ATM estate to 66,400 machines, 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 brand.

Houston-based Cardtronics owns/operates more than 82,700 retail ATMs in United States and international locales.

Keywords: 
ATM, financial