/PRNewswire/ The "Global Cash Logistics Market Size, Share & Trends Analysis Report by Service, by End Use (Financial Institutions, Government Agencies,.
/PRNewswire/ The "Global Cash Logistics Market Size, Share & Trends Analysis Report by Service, by End Use (Financial Institutions, Government Agencies,.
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Brink’s Acquires Largest Privately Owned Provider of ATM Services in the U.S.
The Brink’s CompanyApril 6, 2021 GMT
PAI Acquired for $213 Million, Expected to Generate Approximately $30 Million of Adjusted EBITDA in 2021 Provides Full Range of Managed Services for Approximately 100,000 ATMs Adds Management Depth and Technology, Expands Brink’s ATM Service Capabilities Strengthens “Strategy 2.3” Platform in North America
RICHMOND, Va., April 06, 2021 (GLOBE NEWSWIRE) The Brink’s Company (NYSE: BCO), the global leader in total cash management, route-based secure logistics and payment solutions, today announced its acquisition of PAI, Inc., the largest privately-held provider of ATM services in the U.S., for $213 million. On a current full-year basis, PAI is expected to generate revenue of approximately $320 million and adjusted EBITDA of approximately $30 million. Gi