Company:Cardtronics

From HandWiki
Short description: Provider of financial services technology to banks and retailers
Cardtronics plc
TypeSubsidiary
Founded1989; 35 years ago (1989)
HeadquartersHouston, Texas, U.S.
Key people
Ed West (CEO)
Revenue
  • Increase US$ 1.35 billion (2019)[1]
Parent
Websitecardtronics.com

Cardtronics is a global financial services technology company that provides automated teller machines to retailers, and operates the Allpoint interbank network. Since 2017, Cardtronics’ network counted over 200,000 affiliated ATMs and is the largest ATM owner/operator in the world.[2] In addition to the Allpoint network, Cardtronics provides and operates ATMs for large retailers such as Kroger and Circle K.[3]

In January 2021, Cardtronics accepted an offer from NCR Corporation to acquire the company in a deal valued at $2.5 billion.[4] On June 21, 2021 Cardtronics became the wholly owned subsidiary of NCR Corporation.[5]

References

  1. "Cardtronics Announces Fourth Quarter and Full-Year 2019 Results". Global Newswire. February 20, 2020. https://www.globenewswire.com/news-release/2020/02/20/1988251/0/en/Cardtronics-Announces-Fourth-Quarter-and-Full-Year-2019-Results.html. 
  2. "ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934". Archives. Securities and Exchange Commission. 2018-02-28. https://www.sec.gov/Archives/edgar/data/1671013/000155837018001333/catm-20171231x10k.htm. Retrieved 2020-10-17. "We also own and operate the Allpoint network (“Allpoint”), the largest surcharge-free ATM network (based on the number of participating ATMs). As of December 31, 2017, we were the world’s largest ATM owner/operator, providing services to over 230,000 ATMs." 
  3. "Allpoint Surcharge-Free ATM Network Adds Kroger Grocery Stores in Atlanta" (Press release). GlobeNewswire. July 27, 2017.
  4. Bary, Emily (25 January 2021). "NCR reaches agreement to acquire Cardtronics in $2.5 billion deal". MarketWatch. https://www.marketwatch.com/story/ncr-reaches-agreement-to-acquire-cardtronics-in-25-billion-deal-2021-01-25. 
  5. "NCR Completes Transaction with Cardtronics". 21 June 2021. https://www.businesswire.com/news/home/20210621005376/en/NCR-Completes-Transaction-with-Cardtronics. 

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