HOUSTON, Oct. 2, 2013 (GLOBE NEWSWIRE) -- Cardtronics , Inc. (Nasdaq: CATM ) today announced its wholly owned subsidiary, Cardtronics USA, Inc., has closed on the acquisition of ATM business assets from Chandler, Ariz.-based CGI, Inc. ( CGI Direct ATM ), adding approximately 1,000 merchant-owned ATMs to its nationwide U.S. fleet. The transaction was signed and closed on Oct. 1; terms of the deal were not disclosed.
Part of the company's continued growth plan for its merchant-owned ATM business, the CGI Direct ATM acquisition grows Cardtronics' U.S. merchant-owned ATM portfolio to more than 22,600 cash machines. The CGI Direct ATM transaction follows similar acquisitions earlier this year involving 3,300 and 4,800 mostly merchant-owned ATM relationships from Aptus Financial and Merrimak ATM Group , respectively. Including its company-owned and managed services portfolios, Cardtronics supports a total fleet of 64,300 conveniently located retail ATMs in the United States.
All CGI Direct ATM cash machines will be converted to the Cardtronics brand.
About Cardtronics (Nasdaq: CATM )
Making ATM cash access convenient where people shop, work and live, Cardtronics is at the convergence of retailers, financial institutions, prepaid card programs and the customers they share. Cardtronics owns/operates more than 81,200 retail ATMs in U.S. and international locales. Whether Cardtronics is driving foot traffic for America's most relevant retailers , enhancing ATM brand presence for card issuers or expanding card holders' surcharge-free cash access on the local, national or global scene, Cardtronics is convenient access to cash, when and where consumers need it. Cardtronics is where cash meets commerce.
Contact Information:
| Media Relations | Investor Relations |
| Nick Pappathopoulos | Chris Brewster |
| Director – Public Relations | Chief Financial Officer |
| 832-308-4396 | 832-308-4128 |
| npappathopoulos@cardtronics.com | cbrewster@cardtronics.com |
Cardtronics is a registered trademark of Cardtronics, Inc.
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