Apollo Funds and Hudson Executive to Acquire Cardtronics in $2.3 Billion Deal

Paul, Weiss is advising funds managed by affiliates of Apollo Global Management, Inc. in their acquisition, alongside Hudson Executive Capital LP, of Cardtronics plc, the world’s largest ATM owner and operator, for $2.3 billion, including net debt. The transaction is expected to close in the first half of 2021, subject to customary closing conditions and approvals. Upon completion, Cardtronics will become a privately held company.

The Paul, Weiss team includes, among others, corporate partners Gregory Ezring, Mark Wlazlo, Brian Janson, Manuel Frey, Matthew Goldstein and partner elect Danielle Penhall and counsel Gabriella Toossi and Lisa Koff; tax partners Brad Okun and Brian Grieve; executive compensation partner Lawrence Witdorchic and counsel Nicole Tark; litigation partners Lewis Clayton and Andrew Ehrlich and counsel Daniel Juceam; and real estate partner Peter Fisch.