On January 15, 2007, Newport Partners Income Fund announced that its operating partnership, EZEE ATM LP, Canada's second largest operator of non-financial institution automated teller machines, had successfully completed its previously announced acquisition of the Canadian ATM assets of TRM (Canada) Corporation for about $14.75 million. The transaction adds approximately 1,500 operating ATM locations to EZEE's portfolio resulting in a total of approximately 3800 locations across Canada.
Fasken Martineau advised TRM (Canada) Corporation in this transaction with a team comprised of Jon Levin, Stephen Kerr and Koker Christensen.