News

Tremont Capital offers ATM industry fact sheet

April 7, 2004

BOSTON - Tremont Capital Group, a firm that specializes in providing strategic planning and merger and acquisition advisory services to the ATM industry, has released its 2004 ATM Industry Fact Sheet, a report providing a short summary of the history and current state of the ATM industry.

Among the findings, Tremont Capital Group estimates that 388,550 ATMs are currently deployed within the United States, approximately 179,000 (46 percent) of which are operated by non-bank ISOs. Tremont Capital Group also predicts that rapid consolidation within the industry will continue for the next one to two years until the nation's remaining viable small to mid-sized ATM portfolios are acquired.

"Increased scrutiny and regulation, as well as continued rapid consolidation through portfolio acquisitions, will be the three major trends of 2004," said Sam M. Ditzion, president and chief executive of Tremont Capital Group. 

Tremont Capital Group's report is available for download at both the company's Web site and for ATM Industry Association members at the ATMIA Web site in the "Links/Contacts" section of the ATM Best Practice On-Line Resource Center.