BRINKS Business Summary

The Brink's Company (NYSE: BCO) is a global leader in route-based secure logistics, total cash management, and payment solutions, primarily generating revenue through service fees and recurring subscription-based contracts. The company operates through four geographic segments—North America, Latin America, Europe, and Rest of World—while strategically pivoting its business mix toward high-margin technology services. Its primary offerings are divided into Cash and Valuables Management (CVS), which accounts for approximately 72% of revenue, and the high-growth Digital Retail Solutions (DRS) and ATM Managed Services (AMS) segments. As of March 2026, Brink's is solidifying its market dominance through the $6.6 billion acquisition of NCR Atleos, a move designed to scale its ATM-as-a-Service (ATMaaS) capabilities and expand its global footprint to over 140 countries. In the competitive landscape, Brink's maintains a leading global position against primary rivals Loomis, Prosegur, and GardaWorld by leveraging its massive physical infrastructure to drive digital payment integration. Founded in 1859 by Perry Brink, the company is currently led by President and CEO Mark Eubanks, who joined in 2021 from Otis Worldwide and Eaton Corporation to spearhead the firm's digital transformation. The executive team includes EVP and CFO Kurt McMaken, an Eaton and PwC veteran who also serves as Acting Chief Accounting Officer, and EVP and Chief Experience Officer Laurent Borne, who oversees the DRS business following leadership roles at Stoneridge and McKinsey. Strategic initiatives are managed by EVP and Chief Transformation Officer Rob Pepper, formerly of Papa John's and McKinsey, while the North American division is headed by Adrian Button, a February 2026 appointee with extensive operational pedigree from Carrier and NCR. The company's governance is overseen by Chairman Michael J. Herling, with a shareholder base dominated by institutional giants including BlackRock, Vanguard, and Fmr LLC (Fidelity).