Cardtronics buys Merrimak ATM Group assets
Cardtronics, Inc. (CATM) today announced its wholly owned subsidiary, Cardtronics USA, Inc., has acquired the assets of Merrimak ATM Group, LLC.
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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.