Brink's strikes $6.6bn deal to buy NCR Atleos

ChainWatcher · 2026-02-27T20:52:22+00:00

Brink's is acquiring NCR Atleos for $2.2 billion in cash and shares, plus assuming $2.6 billion in debt. The merger aims to enhance financial services globally, create $200 million in cost synergies, and leverage combined expertise in cash management and ATM services.

ChainWatcher

2026-02-27 20:52:22

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The acquisition will be made up of 13.3 million shares of Brink’s common stock and $2.2 billion in cash, plus the assumption of approximately $2.6 billion of NCR Atleos’ indebtedness.

Brink’s says the combined business will be a “leading financial technology infrastructure” player, bringing together its global cash management expertise and route-based infrastructure with NCR Atleos’ end-to-end ATM management and services expertise as well as its owned-and-operated ATM network and fast-growing ATM as a Service (outsourcing offering.

The business will operate with a global footprint of more than 140 countries, offering financial institutions and retail customers a broader set of products and services, and create $200 million in annual run-rate cost synergies within three years of closing, claims Brink’s.

Mark Eubanks, CEO, Brink’s, says: “By combining our organisations, we gain critical scale and complementary, integrated capabilities to drive our ambitious growth strategy and provide new levels of service to our global customer base.”

The acquisition comes less than three years after NCR split into two independent, publicly traded companies - Voyix and Atleos - last year. In 2024, Voyix sold its cloud-based digital banking business to focus on its core software and services offerings for restaurants and retailers.

Tim Oliver, CEO, NCR Atleos, says: "The extraordinary efforts of the NCR Atleos team over the two years since our separation from legacy NCR have strengthened our leading ATM installed base, sustained best-in-class service levels and introduced innovative products.

“Combining the complementary service-led businesses of Brink’s and NCR Atleos will enable us to enhance offerings to financial institutions and retailers, and create more opportunities for our employees.”

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