For those interested, I went to the Intro-80A meeting in NYC today. I took a few notes and observations below. I tried to organize it, but I’m sure there is some rambling in there.
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Background:
I went to this meeting to be abreast of the situation within the NY market. Even though my purpose is from the […]
We are seeing many larger providers taking over large ATM companies. Two major ones occurred this month. One included NJ based Access to Money. $15 Million dollars to be acquired by a public company TRM. The interesting twist here is TRM is being delisted from NASDAQ. Once you are delisted, it is virtually impossible to […]
The atm business is in a transition. What initially become a hyper-growth phase, we are now seeing massive consolidation within the industry. Portfolios are being acquried from public and private equity. The one major reason for this is the decrease in net profits per machine.
During the growth phases, machines were installed everywhere. Many companies tried […]
