ACFN ATM Franchise Ranked in Top Silicon Valley Based Companies

The Silicon Valley Business Journal honored the 60 fastest-growing private companies in the region at the Computer History Museum in San Jose, California.  ACFN Franchise (ACFN) ATM franchise which is focused on providing ATM services to hotels and other travel and entertainment businesses across North America, was recognized as one of Silicon Valley’s fastest growing companies by the Silicon Valley / San Jose Business Journal. After reviewing revenues of leading private companies in the area, the publication ranked ACFN #43 in this year’s list. This accolade is especially impressive given that approximately 80 percent of the 60 companies on the list had more than 50 percent revenue growth in the three-year period covered and about half more than doubled. “It’s an honor to be included in this year’s list. Silicon Valley is very competitive and we are committed to continue growing and producing extraordinary result for our franchise owners. ACFN is the only ATM Franchise in North America and one of the largest ATM ISOs in the US which helps us create a lot of value for our franchisees” said Jeff Kerr, President and CEO of ACFN. Unlike other companies in the industry, ACFN owns and controls the ATMs and does not charge fees to the businesses hosting the machines. Franchisees receive training on how to develop, own, and operate onsite ATMs. ACFN also provides ATM processing, network, administrative, marketing, and other types of support. The recognition that ACFN has gained, is rightfully earned as the company expands its interests and continues to provide services at more than 1,350 locations with 165 Franchisees in North America.