Tunstall, a European market leader in the provision of telecare systems, has been acquired by private equity firm Bridgepoint from Hg Capital in a transaction totalling £225m.
Leading UK Independent ATM operator, Bank Machine Ltd, has today announced its acquisition by American ATM operator Cardtronics, Inc. for an undisclosed sum. Bank Machine, which is owned by European private equity firm Bridgepoint, will see the takeover of its 1000 state of the art ATMs, making Cardtronics the largest ATM sales and service provider in the world.
Highlights • 19% increase in turnover at £260m (2004: £218m) • 45% increase in EBITDA at £34.1m (2004: £24m) • LFL sales increase by over 12% in year to March 2005.
Bridgepoint has sold its 85% shareholding in ERFTCARBON, the German producer of graphite and carbon products, to the Japanese company Tokai Carbon Co. The sale and purchase agreement was signed today, April 18, 2005 in Düsseldorf, Germany. The transaction, whose consideration is undisclosed, is subject to final approval of competition authorities.
Tilney, the asset management company focused on high net worth private clients and with funds under management of over £5 billion, has been acquired by Bridgepoint for an undisclosed sum.