As a result, NoteMachine now owns a total of over 7,000 cash machines across the UK and in Germany.
Peter McNamara, NoteMachine's Executive Chairman said: "This is a great achievement for us as we set out five years ago on a journey to create a specialist end to end ATM service provider. The acquisition of this remote ATM estate cements our position as the UK's number one cash machine business."
Peter continued: "The acquisition also proves our capability in managing and maintaining large financial ATM networks.
"Banks are now looking more closely at their cash machine estates and considering how best to operate them. Additionally, they are also looking to outsource or sell their cash machines to specialists as they review their non-core banking activities and assess the most cost effective way of managing them."
Combined with this acquisition Note Machine is also experiencing significant organic growth by providing independent stores and large retail shops with cash machines – with the business delivering up to 70 new machines every month.
Peter outlined: "With 65 per cent of all consumer payments being made in cash – the ATM market is in a strong position to go from strength to strength.
"As retailers look to increase footfall and banks assess their non-core business activities NoteMachine is uniquely positioned to offer a specialist end to end cash machine service which can deliver a significant boost to retail revenue and provide a cost effective solution to high street banks."
NoteMachine provides a one stop shop which includes everything from installing, monitoring and servicing cash machines, having a dedicated 24/7 customer service centre and help desk, engineering and maintenance support, and providing cash using their own 'Cash in Transit' business.
Peter concluded: "Installing and maintaining cash machines is all we do and because of this we can ensure cash gets into the customers' pockets as quickly as possible."
