Energy Industry
Industry: Email Alert RSS FeedCardtronics Inc. secures $75 million investment.(INDUSTRY NEWS)(Brief Article)
National Petroleum News, May, 2005
Houston-based Cardtronics Inc. has secured an investment of $75 million by TA Associates, a leading private equity and buy-out firm.
Cardtronics has a nationwide network of approximately 25,000 ATMs, with clients including Amerada Hess, ChevronTexaco, Costco, CVS Pharmacy, ExxonMobil, Kroger and Sunoco.
"This investment positions Cardtronics to achieve its future growth initiatives and we are thrilled to have TA Associates join The CapStreet Group as a private equity investor in our business," said Jack Antonini, president and CEO of Cardtronics. "The wealth of business experiences and relationships made available to the company through its partnership with TA will be invaluable in the execution of our growth strategy."
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