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Slide #64. Cardtronics, Inc. — Assets of Aptus Financial
Cardtronics, Inc. (NASDAQ:CATM)
Assets of Aptus Financial
Cardtronics, Inc. (Nasdaq:CATM) today announced its wholly owned subsidiary, Cardtronics USA, Inc., 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.
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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