Brink’s Acquires NoteMachine

NoteMachine is delighted to announce that in early October Brink’s, the global leader in total cash management, acquired NoteMachine to accelerate its ATM managed services strategy in Europe. 

As one of the leading ATM networks providers in the UK, NoteMachine was a natural choice for Brink’s in their very exciting development plans. NoteMachine manages more than 9,500 ATMs, processing more than 29 million transactions every month and £14bn in cash each year. As a vertically integrated ATM operator, NoteMachine uses its own cash centre, engineering and processing infrastructure to provide an end-to-end solution for independent retailers, national accounts and financial institutions.

Mark Eubanks, president, and CEO of Brink’s commented on the acquisition

“We have been actively growing our ATM managed services business, both organically and inorganically, and this is an important step in the execution of our long-term strategy. NoteMachine’s expertise, monitoring and dispatch centre, and software technology infrastructure will be of great strategic value in supporting the growth of our global ATM operations, especially those in Europe.”

David Dove, leader of Brink’s global ATM managed services business, will oversee and support the NoteMachine management team.

“We will leverage NoteMachine’s fully integrated model, including its global TestLink parts business, to support growth across both financial institution and retail customer segments.”

Philip Bowcock, CEO of NoteMachine, said,

“Brink’s is a global leader in tech-enabled cash management, with a strong presence in ATM outsourcing. This is absolutely the right direction for NoteMachine, our customers and our employees. NoteMachine’s existing ATM inventory will expand the footprint of Brink’s ATM managed services business to approximately 130,000 machines worldwide.”

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