Pendum LLC, provider of ATM maintenance and cash management services, says it is kick-starting a strategic transformation to re-energize its "Value of One" strategy to and for its customers.
The "Value of One" strategy is a business model that Pendum says creates value for customers by improving ATM uptime and reducing ATM management costs. Over the last seven months, Pendum says it has made strides to advance the program, and thus expects itself to be well positioned for long-term, profitable growth.
With $10 billion in funding from private-equity firm Bayside Capital, Sean Ozbolt, Bayside's managing director, said Pendum has the support it needs to grow its business:
 | The business process changes and growth initiatives spearheaded by Pendum's new leadership team have driven significant gains in operational execution and customer satisfaction. Using best practices from a variety of industries, our management partners have taken a fresh approach to the ATM services market and have transformed Pendum into a more nimble, technology-driven company. |  |
