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CMS provider Tidel gains backing of private investment firm

With the backing of Graham Partners, Tidel plans to expand its product portfolio, increase share in its core customer base, and enter new markets.

February 27, 2015

Tidel, a provider of cash management systems and robbery deterrent products, has announced its acquisition by an affiliate of Graham Partners, a private investment firm specializing in the advanced manufacturing and industrial technology sector.

With the backing of Graham Partners, Tidel plans to accelerate growth by expanding its product portfolio, increasing share in its core customer base, and entering new market segments, both in the U.S. and internationally, the company said in a press release.

"We are very excited to be joining the Graham Partners family", said Gary Landry, president and CEO of Tidel. "Graham Partners has a proven track record of helping companies invest in new technologies, expand operations, and develop new markets. Their extensive operating resources and industrial expertise will have an immediate impact on our long-term vision and strategy."

"We look forward to working with Tidel to offer customers the most innovative cash management solutions and to help achieve its strategy and growth objectives," said Rob Newbold, a managing principal at Graham Partners.