Tentt

CMS Info Systems to Buy FSS ATM Business for ₹115cr

Announced
TechnologyAdd-on

Deal Overview

CMS Info Systems will acquire the Financial Software and Systems (FSS) managed services business for ₹115 crore to strengthen its end-to-end ATM management offering. The transaction includes transfer of operating assets and novation of customer contracts.

CMS expects the deal to close in Q1FY27. The acquisition adds 8,000 ATMs to CMS’s management solutions portfolio, taking it to 39,000 machines, and is expected to bring new private sector banking relationships. CMS said it has been pursuing consolidation in ATM management through acquisitions since September 2025.

CMS also provides cash logistics services for another 68,000 ATMs, which it cited as a basis for integration efficiencies as FSS operations are absorbed into the platform.

Key Details

Transaction
CMS Info Systems acquires FSS ATM management business
Deal Size
Over $100M
Reported Value
₹115 crore

Filed under

Source

Read full article on news.google.com

via GN - M&A (India) · March 29, 2026

Powered by Tentt

Source technology deals for your firm

Tentt builds and operates managed deal origination services for PE firms, M&A advisors, and commercial lenders. We map the target universe, monitor signals, and execute outreach — white-labelled to your firm.

Book a 30-min intro call

Related Deals

See all Technology deals →