Grant Victor Receives Equity Financing from Endeavour Capital

Grant Victor, a Kaysville, Utah-based family of companies that provide ATM services and solutions, received an equity financing of undisclosed amount from Endeavour Capital.

The investment aims to further facilitate Grant Victor’s ability to grow both organically as well as through merger and acquisition opportunities.

In addition, the company has appointed David D. Charles as new Chief Executive Officer.

Grant Victor currently owns three operating subsidiaries, including:
– ATMequipment.com, a wholesale supplier of retail ATMs, equipment, parts and supplies;
– OptConnect, which specializes in providing wireless connectivity solutions for ATMs throughout North America; and
– eGlobal, a provider of full ATM placement and processing services to merchants and partners for the hospitality, convenience and retail industries

Co-founded by Burt Matthews, the company will launch soon a new subsidiary focused exclusively on providing ATM services and solutions to financial institutions.

FinSMEs

11/08/2011

Join the discussion