BOSTON - Tremont Capital Group, a firm that provides strategic planning and merger and acquisition advisory services to the ATM industry, has released its 2005 ATM Industry Fact Sheet, which summarizes the history and current state of the ATM industry.
Among the findings, Tremont Capital Group estimates that 394,500 ATMs are currently deployed within the United States, approximately 194,000 or 49 percent of which are operated by ISOs. Tremont Capital Group predicts that rapid consolidation will likely continue in the near term until consolidators acquire viable small- to mid-sized ATM portfolios.
"As the number of ATMs deployed in the United States rapidly approaches the 400,000 milestone, an increasingly higher percentage of them each year are being operated by non-bank ISOs relative to financial institutions," said Sam Ditzion, president and chief executive of Tremont Capital Group.
In addition to continued consolidation through ATM portfolio acquisitions, Ditzion predicts that more financial institutions will implement ATM outsourcing solutions offered by ISOs in 2005. He also expects increased industry scrutiny and regulation to continue.
The fact sheet is available for download at http://www.tremontcapitalgroup.com/2005atmindustryfactsheet.php (registration required).
