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Slide #17. Cardtronics — Assets of Automated Financial
Assets of Automated Financial
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.
Cardtronics provides automated consumer financial services through its network of automated teller machines and multi-function financial services kiosks (collectively referred to as ATMs). Co. provides managed service ATM solutions for retailers and financial institutions with various service offerings related to ATMs, including electronic funds transfer transaction processing services, along with other ATM-related services. Co. also owns and operates the Allpoint network (Allpoint). Allpoint provides services to organizations that manage debit card programs on behalf of corporate entities and governmental agencies, including general-purpose, payroll, and electronic benefits transfer cards.
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Hold (1.78 out of 4)