Littlejohn & Co has sold Tidel, a provider of cash automation technology, to Sesami Cash Management Technologies Corporation (Sesami), a tech-enabled cash ecosystem solution integrator that will operate as an independent entity of Garda World Security Corporation (GardaWorld).
Littlejohn & Co has sold Tidel, a provider of cash automation technology, to Sesami Cash Management Technologies Corporation (Sesami), a tech-enabled cash ecosystem solution integrator that will operate as an independent entity of Garda World Security Corporation (GardaWorld).
Terms of the transaction have not been disclosed.
Founded in 1978 and based in Carrollton, Texas, Tidel is the leading supplier of smart safe and cash recycling solutions in North America. Tidel’s products are used to automate cash handling at businesses and organisations that accept cash, such as quick-service restaurants, convenience stores, grocers, money service businesses, healthcare providers, and general retailers.
