Cardtronics announces secondary offering of existing common stock

Cardtronics Inc., the world's largest non-bank owner of ATMs, recently announced a proposed secondary offering of 6 million shares of already outstanding common stock by the following selling stockholders: CapStreet II L.P., CapStreet Parallel II L.P. and investment funds affiliated with TA Associates.

The selling stockholders intend to grant the underwriters an option to purchase up to an additional 900,000 shares of common stock to cover over-allotments, if any. Cardtronics will not receive any of the proceeds from the secondary offering of shares of its common stock by the selling stockholders.

Piper Jaffray & Co. and UBS Securities LLC are the joint book-running managers for the offering. William Blair & Company and SunTrust Robinson Humphrey are acting as co-managers.