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Deloitte Corporate Finance Advises ArcaTech on Cross-Border Acquisition

January 30, 2015, 07:28 AM
Filed Under: Mergers & Acquisitions

Deloitte Corporate Finance LLC (“DCF”) acted as the financial advisor to ArcaTech Systems, LLC on its acquisition of CTS Electronics S.p.A. and five related entities.  Deloitte UK’s Debt Advisory Group assisted in securing senior financing for the transaction.  Headquartered in Mebane, North Carolina, ARCA is a global leader in cash automation and payment technologies. With the purchase, ARCA acquired CTS Group, a global provider of cash, check, and card automation technologies based in Ivrea, Italy.

The combined company will provide banking and retail clients around the world with customer-driven solutions for their cash and payment automation needs. Deloitte acted as exclusive advisor to ARCA in successfully obtaining financing for the transaction from Falcon Investment Advisors (“Falcon”) and Prudential Capital Group (“Prudential Capital”).

“For the past 12 years, we have worked hand-in-hand with CTS, bringing their transformative technology to our customers throughout North America,” said Mort O’Sullivan, ARCA’s founder and CEO. “This acquisition combines CTS Group’s proven engineering and R&D capabilities with ARCA’s strong customer commitment, enabling us to respond faster to market changes while developing products and services to better meet customer needs. Deloitte helped make this deal happen by providing access to capital providers and critical support for ARCA’s partner selection process.”

“As the global economy embraces new payment technologies, it is imperative for financial institutions and retailers to improve efficiencies in automation and technological advancement in handling cash. Deloitte helped ARCA secure lenders that understood the key industry trends and leveraged our global network to assist ARCA as it capitalized on this strategic acquisition,” said John Deering, managing director, Deloitte Corporate Finance LLC.

“We are seeing increased M&A activity in Europe driven by growing lender liquidity in the market. We expect this trend to continue, benefiting growth-oriented companies, such as ARCA,” said Phil Colaco, managing director, Deloitte Corporate Finance LLC.
Since 1998, ARCA has been helping people find better ways to automate financial transactions in bank branches, retail stores and self-service kiosks. T

Based in Ivrea, Italy, and established in 1980, the CTS Group is a leading global manufacturer and distributor of automated devices. 

With offices in Boston and New York, Falcon provides innovative capital solutions in amounts of $10 million to $75 million to leading middle market companies.  Since its founding in 2000, Falcon has invested in over 60 companies in a broad range of industries to support acquisitions, recapitalizations, buyouts and organic growth. 

Prudential Capital Group has been a leading provider of private debt, mezzanine and equity capital for more than 70 years.  Managing a portfolio of $69.1 billion as of September 30, 2014, Prudential Capital offers senior debt and mezzanine capital, leveraged leases, credit tenant leases, and equipment finance to companies worldwide. 

Deloitte Corporate Finance LLC (“DCF”) provides strategic advisory services and M&A advice that help corporate, entrepreneurial, and private equity clients create and act upon opportunities for liquidity, growth, and long-term advantage.

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