Deal overview
The Brink’s Company is a leading global provider of cash and valuables management, digital retail solutions, and ATM managed services (“AMS”). Their strategic investment into KAL ATM Software marks a milestone in Brink’s AMS strategy, reinforcing its commitment to delivering best-in-class solutions to financial institutions globally.
Korala Associates Limited (KAL) is a world-leading ATM software company and the preferred supplier for global megabanks. The company specialises in software solutions for ATM networks of all sizes and complexities – allowing banks to gain control, reduce costs, increase functionality, and improve competitiveness
“Our investment in KAL is a natural extension of our AMS strategy,” said Mark Eubanks, president and chief executive officer of Brink’s. “Both Brink’s and KAL are committed to building ecosystems that prioritize customer choice and value. Together, we are redefining what ATM services can look like in a modern, interoperable world.”
Brink’s and KAL have already demonstrated the strength of their partnership through successful deployments in Asia, the United Kingdom, and the Middle East, validating the robustness and scalability of the joint solution.
“This partnership is about more than technology – it’s about transforming the ATM landscape,” said Aravinda Korala, founder and CEO of KAL. “By combining Brink’s operational and service excellence with KAL’s software innovation, we aim to deliver a future-proof solution that meets the evolving needs of financial institutions and retailers worldwide.”
Head of Corporate Finance, Dan James commented: “The strategic fit between Brink’s and KAL is clear, having worked in partnership for many years. This investment marks a significant milestone for both businesses and we were delighted to bring the transaction together to a successful conclusion, in what was a collaborative and synergistic deal for all parties.”
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