Tidel Adds Sesami

Industrial

Tidel, a portfolio company of Littlejohn, sale to Sesami, entity of GardaWorld


Summary

Tidel Engineering (“Tidel”), a portfolio company of Littlejohn & Co., LLC (“Littlejohn”), has been acquired by Sesami Cash Management Technologies Corporation (“Sesami”), an entity of Garda World Security Corporation (“GardaWorld”).

Baird served as the exclusive financial advisor to Tidel Engineering on this transaction.

About

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 organizations that accept cash, such as quick-service restaurants, convenience stores, grocers, money service businesses, healthcare providers and general retailers. Tidel’s products offer compelling economics for all participants in the cash management ecosystem, including retailers, cash-in-transit providers, and financial institutions. Tidel is headquartered in Carrollton, Texas.

Littlejohn is an investment firm focused on private equity and debt investments in middle-market companies. With approximately $14 billion of regulatory assets under management, the firm seeks to build sustainable success for its portfolio companies through a disciplined approach to engineering change. Littlejohn is headquartered in Greenwich, Connecticut.

Sesami is an innovative cash ecosystem performance and technology company. With global capabilities, Sesami is an open, integrated and sophisticated business intelligence platform offering customizable services including software, intelligent devices and managed services for end-to-end cash ecosystems and cash automation operations. Sesami operates as an independent entity of GardaWorld.

GardaWorld is a global champion in security services, integrated risk management and cash solutions, employing more than 120,000 highly skilled and dedicated professionals. Driven by a relentless entrepreneurial culture and core values of integrity, vigilance, trust and respect, GardaWorld offers sophisticated and tailored security and technology solutions through high-touch partnerships and consistently superior service delivery. GardaWorld is headquartered in Montreal, Quebec, Canada.
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Industrial

Tidel, a portfolio company of Littlejohn, sale to Sesami, entity of GardaWorld

Date
February 2022
Company
Tidel Engineering
Transaction
M&A - Sellside
Sectors
Industrial
Verticals
Machinery & Equipment
Target Location
North America
Acquiror Location
North America

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