TIDEL Park

ValueMomentum Ramps up Presence in Coimbatore, its New Regional Development Center

Retrieved on: 
Thursday, November 17, 2022

HYDERABAD, India, Nov. 17, 2022 /PRNewswire/ -- ValueMomentum, a fast-growing IT services and software company, has ramped up its presence in Coimbatore, Tamil Nadu, India with its new 250 associate capacity regional development center located at ELCOT-SEZ, IT/ITES, TIDEL Park.

Key Points: 
  • HYDERABAD,India, Nov. 17, 2022 /PRNewswire/ -- ValueMomentum , a fast-growing IT services and software company, has ramped up its presence in Coimbatore, Tamil Nadu, India with its new 250 associate capacity regional development center located at ELCOT-SEZ, IT/ITES, TIDEL Park.
  • ValueMomentum was drawn to Coimbatore, which has become a major hub for technology and engineering, due to its proximity to major universities and well-established educational institutions.
  • Uma Gogineni, Chief People Officer of ValueMomentum stated, "The new development center will allow ValueMomentum to gain access to deep engineering talent in the heart of Coimbatore's tech hub to further our goals of talent development and being closer to the talent pool."
  • Customers choose ValueMomentum due to the company's track record of delivering value and driving the momentum of customers' business initiatives.

GardaWorld Secures Credit Facilities to Support its Growth Strategy

Retrieved on: 
Thursday, February 17, 2022

This incremental syndicated financing maturing in February 2029 was raised in relation to the recent acquisitions of Tidel and Gunnebo Group's cash management business and the repayment of certain indebtedness and expenses related thereto.

Key Points: 
  • This incremental syndicated financing maturing in February 2029 was raised in relation to the recent acquisitions of Tidel and Gunnebo Group's cash management business and the repayment of certain indebtedness and expenses related thereto.
  • JPMorgan Chase Bank, N.A., BofA Securities, Inc., Barclays Bank PLC and UBS Securities LLC have acted as joint lead arrangers and bookrunners on the incremental syndicated financing.
  • GardaWorld is a global champion in security services, integrated risk management and cash solutions, employing more than 120,000 highly skilled and dedicated professionals.
  • With a deep understanding that security is critical to conducting business and keeping communities safe, GardaWorld is committed to impeccable governance, professional care and the well-being of everyone.

Littlejohn & Co. Sells Tidel to Sesami, a GardaWorld Entity

Retrieved on: 
Tuesday, February 1, 2022

Founded in 1978 and based in Carrollton, Texas, Tidel is the leading supplier of smart safe and cash recycling solutions in North America.

Key Points: 
  • Founded in 1978 and based in Carrollton, Texas, Tidel is the leading supplier of smart safe and cash recycling solutions in North America.
  • Tidels products offer compelling economics for all participants in the cash management ecosystem, including retailers, cash-in-transit providers, and financial institutions.
  • Tony Miranda, Managing Director at Littlejohn, stated, We are pleased to have reached a successful outcome for our investors.
  • Darren Taylor, President and Chief Executive Officer of Tidel, added, Littlejohn has been a tremendous strategic partner for our business.

Littlejohn & Co. Promotes Five Individuals

Retrieved on: 
Thursday, January 20, 2022

Littlejohn & Co., LLC (Littlejohn), a private investment firm based in Greenwich, CT, today announced that it has promoted five individuals across firm disciplines.

Key Points: 
  • Littlejohn & Co., LLC (Littlejohn), a private investment firm based in Greenwich, CT, today announced that it has promoted five individuals across firm disciplines.
  • On behalf of the firm, I am excited for their continued professional development at Littlejohn.
  • Mr. Leung joined Littlejohn from Sagent Advisors, LLC, where he worked to execute merger and acquisition transactions across a variety of industries.
  • Littlejohn & Co. is a Greenwich, Connecticut-based investment firm focused on private equity and debt investments in middle-market companies.

Tidel Announces the TR180 Cash Recycler

Retrieved on: 
Sunday, January 16, 2022

CARROLLTON, Texas, Jan. 16, 2022 /PRNewswire-PRWeb/ -- Tidel, a world leader in cash automation systems for the retail marketplace, today announced the TR180, a next generation retail cash recycler offering an unparalleled combination of performance, ergonomics, and configurability, all in a fully integrated, turnkey system.

Key Points: 
  • CARROLLTON, Texas, Jan. 16, 2022 /PRNewswire-PRWeb/ -- Tidel, a world leader in cash automation systems for the retail marketplace, today announced the TR180, a next generation retail cash recycler offering an unparalleled combination of performance, ergonomics, and configurability, all in a fully integrated, turnkey system.
  • Key features of the TR180 cash recycler include:
    Connectivity to a wide range of Tidel peripherals, including coin recyclers, secondary storage vaults and rolled coin dispensing solutions
    The TR180 offers an optimal balance of system economics with a retailer's need for a reliable, high performing system to automate their back-office cash handling processes," said Marty Hendrickson, VP of Strategic Initiatives and Recyclers, Tidel.
  • "With the TR180, the retail market can benefit from a high performing cash recycler with unmatched configurability, all at a great value.
  • The TR180 is well positioned to help organizations automate their cash handling processes while allowing them to realize a substantial return on their investment."