The Brink's Company (NYSE:BCO) acquired NoteMachine UK Ltd. from Corsair Capital LLC for approximately $180 million on October 3, 2022. For the fiscal year ended June 30, 2022, NoteMachine generated revenue of approximately $131 million and adjusted EBITDA of approximately $36 million at current exchange rates. The acquisition is expected to be accretive to earnings in the first year and was financed using available cash and Brink's existing credit facility. Sunil Duggal and Bill Gardiner of Canaccord Genuity acted as financial advisors to Corsair Capital LLC and NoteMachine UK Ltd.

The Brink's Company (NYSE:BCO) completed the acquisition of NoteMachine UK Ltd. from Corsair Capital LLC for approximately $190 million on October 3, 2022. As per the terms of the transaction, BCO paid $178 million in cash and $14.8 million in contingent consideration. Nick Moore of Morgan, Lewis & Bockius LLP acted as legal advisor to The Brink's Company (NYSE:BCO).