FOR IMMEDIATE RELEASE

Tremont Capital Group Facilitates Sale of ATM USA to Payment Alliance International (PAI), a Brink’s Company

RALEIGH, NC – April 15, 2024 – ATM USA, LLC, one of the largest independent owners and providers of ATM managed services in the southeast United States, today announced its sale to Payment Alliance International (PAI), a Brink’s Company.

Boston, MA-based Tremont Capital Group, a firm specializing in strategic planning and merger and acquisition advisory services to the ATM industry, advised and represented the seller in the transaction and facilitated the deal.

“This transaction was an ideal fit and outcome for both ATM USA and PAI,” said Sam M. Ditzion, CEO of Tremont Capital Group, which advised the seller on the deal. “This deal reflects ongoing consolidation in the ATM industry, and I expect more strategic acquisitions to come in 2024 and beyond.”

“After 26 successful years in this business, ATM USA felt that it was critical that any deal ensured that our customers would continue to get the same great service from our longtime and talented employees, all of whom will now be part of the PAI family” said ATM USA’s owners Haze Lancaster, Mitch Lancaster, and Brian White in a joint statement.  “Tremont Capital Group helped us every step of the way during a complex sale process, and we are thrilled with the outcome that we accomplished together.”

Terms of the transaction were not disclosed.

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About Tremont Capital Group

Tremont Capital Group is the leading provider of business strategy consulting and merger & acquisition advisory services to the ATM ISO industry. To learn more about the services provided by Tremont Capital Group, please visit www.tremontcapitalgroup.com or call 617-482-8866.