Global cash management solutions expert, Talaris, has been ranked 67th in The Sunday Times HSBC Top Track 250 league table, published recently.
Now in its sixth year, the authoritative league table ranks Britain’s 250 biggest mid-market private companies by their latest available audited accounts. Talaris, a former De La Rue company, was formed in 2008 following a management led buyout backed by Carlyle, one of the world’s largest private equity firms. With turnover in excess of £300m for the year ending March 2010, Talaris holds its place firmly in the top 100 companies League Table.
“We are very proud of this achievement and take pride that in our second year of business Talaris is moving from strength to strength. We are a business made up of talented employees and prestigious customers, with a clear forward direction and momentum” said Tim Robinson, CEO of Talaris. “Despite the current economic climate, Talaris has been able to improve company performance including continuing increase in operating profit, expansion into new geographies such as the BRIC countries, whilst continuing to invest in research and development to differentiate our propositions.”
This year saw Talaris launch its latest teller connectivity software CashInsight™ Assure in April quickly followed by CashInsight™ Bridge, an advanced remote device management solution, launched in July In addition, Talaris’ new OEM dispenser MultiMech™, launched in September, received the Product Innovation Award at China’s International Exhibition on Financial Banking Technology and Equipment (CIFTEE) in Beijing.
The expert management of cash is at the centre of the technology and services delivered by Talaris, providing specialist cash processing and handling solutions for banks, retailers and related sectors. The demand for Talaris technology and support services is widespread, and the company has gained new clients across diverse geographies including Turkey, China and Latin America.