TRM Corporation Inc.

TRM Corporation Inc., a NASDAQ quoted company, which operates the second largest non-bank ATM network in the United States sold its European ATM business (UK and Germany). The businesses were sold to NoteMachine Limited, a leading UK-based ATM operator which is a portfolio company of Rutland Partners LLP, a UK private equity partnership. Consideration was £47.1mlion which will be used to repay debt obligations.

Canaccord Genuity acted as financial advisor to TRM Corporation Inc.