Case study

Diebold ERAS, Inc. has been acquired by CheckAlt, LLC

US-based Diebold Incorporated has sold Diebold ERAS, Inc. to CheckAlt, LLC. Financial details of this transaction have not been provided.

Diebold ERAS is a leading provider of Check 21, compliant image-based check processing and remittance services to regional and community-based financial institutions throughout North America.

CheckAlt, LLC, based out of Los Angeles, provides a suite of payment and item processing solutions for financial institutions and merchants.

Diebold Incorporated, founded in 1859, is a global leader in providing innovative self-service technology, security systems and related services.

Oaklins' team in Cleveland served as the exclusive advisor to the seller in this transaction.

Tombstone image for Diebold ERAS, Inc. has been acquired by CheckAlt, LLC

Key deal contacts

Ralph M. Della Ratta, Jr.

United States

Managing Partner

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Andrew P. Male

United States

Managing Director

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Margaret E. Graham

United States

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