Investment advisory firm Littlejohn & Co. LLC has purchased Tidel, a manufacturer of cash management systems and smart safes for the retail industry, for an undisclosed amount. The buyer

Tidel makes storages machines for clients to manage their daily cash flow operations, reduce the risk of theft, and increase profits. The Carrolton, Texas-based target was founded in 1998 to help quick-service businesses automate and streamline cash handling. Tidel’s products are used by convenience stores, grocers, money service businesses, healthcare providers, and general retailers.

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