The company operates through two units. One unit provides document and payment processing image technology, cash automation solutions and services to financial institutions and retailers globally. The company’s other unit sells, upgrades and services ATM equipment and other cash automation equipment for banks, credit unions, retailers and gaming establishments.
In January 2015, Cerberus Business Finance agented a $75 million Senior Secured Credit Facility, proceeds of which were used to refinance existing debt, finance the acquisition of a target company and provide the company with ongoing working capital.
