APG
APG Cash Drawer manufactures cash drawers and the smarttill® cash management solution for retail, hospitality, convenience, grocery, and QSR point-of-sale environments. The privately held Minneapolis company sells globally across 90 countries through distributors, OEM partners, and resellers.
- Company typePrivate
- Founded1977
- HeadquartersMinneapolis, United States
- Headcount101–250
- GTM typeB2B
- OfferingHardware or Manufacturing
What APG does
APG Cash Drawer, LLC is a Minneapolis-based manufacturer of cash drawers and cash management solutions for point-of-sale (POS) environments, founded in 1977 and operating as a privately held LLC under Minnesota law. The company's hardware portfolio spans three durability tiers — Light Duty (Arlo, Atlas) tested to 500,000+ cycles, Standard Duty (Vasario) tested to 1,000,000+ cycles, and Heavy Duty (Series 100, Series 4000, Legend) tested to 4,000,000+ cycles — with warranty periods ranging from 1 year to limited lifetime. Its proprietary smarttill® cash management system uses weighing technology to automatically count coins and banknotes at the point of sale and feed data into a cloud back-office for real-time cash analytics, with company claims of up to 90% reduction in cash losses.
APG serves retail, grocery, convenience, hospitality, QSR, government, cannabis, and other verticals across 90 countries, with named customers including Tesco Express, Footasylum, Costcutter, Gainfort Ltd, and Valvoline Express Care. The company operates through a hybrid go-to-market: direct enterprise sales, a global distributor network (Ingram Micro, EET Europarts, ScanSource, Retail Data Systems), the Compass Reseller Program for mid-market resellers, OEM embedding partnerships with major POS manufacturers (NCR, Oracle/MICROS, Toshiba, HP, Dell, Microsoft, Fujitsu, Gilbarco, Verifone, Wincor Nixdorf), and direct e-commerce parts stores in the US (Minneapolis) and UK/Europe (Newhaven). Supporting products include the Note Acceptor, NetPRO and ShareTill connectivity interfaces, and custom/bespoke drawer configurations.
Revenue is generated primarily from hardware unit sales across duty tiers, OEM-embedded cash drawers, and the smarttill® solution suite (hardware plus cloud analytics), with secondary revenue from replacement parts and accessories through regional online storefronts. Pricing is quote-based rather than publicly disclosed. APG maintains wholly-owned UK subsidiary apg Solutions EMEA Ltd., a jointly-controlled China joint venture established in 2017, registered branch offices in France, Belgium, Spain, and Germany, and has been led by President and CEO Heather Stewart, with Jeremy Burkauskas appointed CFO and Walter Heyvaert promoted to Global Sales Director in late 2025.
APG firmographics
Firmographics- Name
- APG
- Legal name
- APG Cash Drawer, LLC
- Website
- https://apgsolutions.com
- Company type
- Private
- Founded year
- 1977
- Operating status
- Operating
- Headcount range
- 101–250 employees
- Short description
- APG Cash Drawer manufactures cash drawers and the smarttill® cash management solution for retail, hospitality, convenience, grocery, and QSR point-of-sale environments. The privately held Minneapolis company sells globally across 90 countries through distributors, OEM partners, and resellers.
- Ownership category
- akta.pro rank
APG industry classification
Industry- Product category
- POS Cash Drawers and Cash Management Hardware
- akta.pro primary industry
- Cash Drawers, Cash Handling & Coin/Bill Counters (HDACAKAE)
- akta.pro secondary industries
- BNPL Consumer Apps & Wallets (Discovery, Management) (FSAGAIAG), Retail Cash Deposit & Smart Safe / Cash Recycling Solutions (FSAMAOAG)
Keywords
Where APG is headquartered
LocationHeadquarters
- HQ city
- Minneapolis
- HQ country
- United States
- HQ region
- North America
Offices7 records
Markets served
APG business model
Business model- GTM type
- B2B
- Offering type
- Hardware or Manufacturing
- Cost components
- Supply Chain, Personnel, Technology or R&D, Operations, Marketing or Sales, Infrastructure
Revenue model
- Hardware Sales - Cash Drawers: APG generates revenue primarily from selling cash drawer hardware across three tiers: Light Duty (entry-level for low volume), Standard Duty (moderate volume), and Heavy Duty (high volume environments). The company also offers bespoke and custom-built cash drawers. Warranties vary from 1-year to limited lifetime depending on model.
- Cash Management Solutions - smarttill®: Revenue from the smarttill® automated cash management solution including hardware (note acceptor) and software/cloud services for real-time cash analytics and loss prevention.
- Parts and Accessories: Online parts store selling replacement parts, accessories, cables, tills, till covers, under-counter mounting brackets, keys, locks, and connectivity accessories for existing customers.
- OEM/Embedded Solutions: OEM partnerships with POS system manufacturers where APG hardware is embedded and sold as part of complete POS solutions.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Unit Pricing | Pay-as-you-go | Light Duty Cash Drawers - entry level for small businesses |
| Unit Pricing | Pay-as-you-go | Standard Duty Cash Drawers - moderate volume environments |
| Unit Pricing | Pay-as-you-go | Heavy Duty Cash Drawers - high volume settings |
| Other | Pay-as-you-go | smarttill® Cash Management Solution |
Go-to-market motion2 records
Distribution channels7 records
Marketing channels8 records
APG product offering
Product offeringCore offering
APG manufactures and sells POS cash drawers in three durability tiers — Light Duty (Arlo, Atlas; 500,000+ cycles), Standard Duty (Vasario; 1,000,000+ cycles), and Heavy Duty (Series 100, Series 4000, Legend; 4,000,000+ cycles) — with warranties from 1 year to limited lifetime. Its differentiated offering is the smarttill® cash management system, which uses weighing technology to instantly count coins and banknotes and feeds data to a cloud back-office for real-time cash analytics, shrinkage prevention, and loss reduction (claimed up to 90%). Supporting products include the Note Acceptor, NetPRO/ShareTill wireless connectivity interfaces, custom/bespoke drawer configurations, and a parts and accessories catalog sold via US and UK e-commerce stores.
Product overview
APG is a point-of-sale (POS) cash drawer and cash management solutions company offering a comprehensive portfolio of hardware and software products. The core offering consists of three tiers of cash drawers: Light Duty (Arlo, Atlas), Standard Duty (Vasario), and Heavy Duty (Series 100, Series 4000, Legend) - differentiated by cycle durability and warranty periods ranging from 1 to 5 years/lifetime. The smarttill® cash management suite represents the company's software/technology layer, using weighing technology for real-time cash counting, shrinkage prevention, and cloud-based analytics. Supporting products include Note Acceptor, NetPRO/ShareTill connectivity interfaces for wireless and mobile POS configurations, and custom/bespoke drawer configurations. The portfolio serves diverse retail, hospitality, convenience, grocery, government, cannabis, and QSR environments across 90 countries.
Differentiator
Problem solved
Functional benefit
Brands
- smarttill®: Revolutionary cash management solution with weighing technology for in-lane cash handling, providing real-time insights, cash loss prevention, and operational savings.
- Vasario
- Arlo
- Atlas
- Legend
- Series 4000
- Series 100
- NetPRO
- ShareTill
- Note Acceptor
Products and services
- Light Duty Cash Drawers (Arlo, Atlas) Affordable, reliable cash drawers for low-volume businesses such as kiosks, food trucks, and pop-up retail. Proven quality for more than 500,000 cycles and backed by a 1-year warranty. The Soma family includes the Arlo and Atlas sub-brands.
- Standard Duty Cash Drawers (Vasario) Dependable cash drawers for moderate-volume businesses such as fast casual, table-service hospitality, and specialty retail. Tested to withstand more than 1,000,000 cycles and backed by a 3-year warranty.
- Heavy Duty Cash Drawers (Series 4000, Series 100, Legend) High-performance cash drawers for high-volume and high-cash-use environments such as convenience stores, fast food, drive-thru operations, big-box, and DIY retail. Tested to endure more than 4,000,000 cycles and backed by a 5-year or limited lifetime warranty.
- smarttill® Cash Management Solution Revolutionary cash management solution that uses weighing technology to instantly count coins and banknotes and feeds data into a cloud back-office for real-time insights, cash loss prevention, and operational savings. APG claims it can reduce cash losses by up to 90%.
- Note Acceptor Cash management accessory that automatically accepts and processes banknotes at the point of sale, integrating with the smarttill® cash management ecosystem.
- NetPRO Connectivity Interface Ethernet and wireless (Bluetooth, WiFi) interface for connecting cash drawers to POS systems. Purpose-built for OEM applications and mobile POS deployments.
- ShareTill Mobility Solution
Quantifiable outcome
- Reduce cash losses by up to 90%
- +2 more outcomes
Companies that use APG
Customer profileNamed customers5 records
Segments9 records
Ideal customer profiles3 records
APG technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Integration4 records
Feature8 records
APG partnerships and signals
Strategic signalPartnerships
24 partnerships are on record, tiered core, regional, integration and flagship.
- Ingram MicrocoreAPG partnered with Ingram Micro for expanded global presence, leveraging Ingram Micro's distribution network to reach more customers worldwide.
- EET EuropartscoreStrategic partnership with EET Europarts to strengthen global distribution strategy, providing local access to APG cash management solutions across European markets.
- MSP SystemscorePartnership with MSP Systems to deliver the latest cash management solutions specifically for the convenience sector, combining MSP's market expertise with APG's hardware.
- Station MasterregionalPartnership with Station Master to eliminate cash losses for Irish retailers through integrated cash management solutions.
- POSTREMOregionalPartnership with POSTREMO to offer innovative cash management solutions for the growing cannabis market at MJBizCon 2019.
- NewstoreintegrationIntegration partnership with Newstore for Footasylum's in-store checkout reinvention using APG NetPro connectivity.
- OdoointegrationCustomer success story partnership: Odoo PoS integration with APG smarttill for retail cash management at the point of sale.
- Cash BasescoreAPG merged with Cash Bases to create a world-class cash drawer technology company, combining expertise and manufacturing capabilities.
- NCR CorporationflagshipNCR OEM partnership for embedded cash drawer solutions in NCR POS systems.
- Oracle/MICROSflagshipOracle MICROS OEM partnership for embedded cash drawer solutions.
- Toshiba Global Commerce SolutionsflagshipToshiba OEM partnership for embedded cash drawer solutions.
- HP Inc.flagshipHP OEM partnership for embedded cash drawer solutions.
- Dell TechnologiesflagshipDell OEM partnership for embedded cash drawer solutions.
- MicrosoftflagshipMicrosoft OEM partnership including Windows Embedded support and surface area optimization.
- FujitsucoreFujitsu OEM partnerships for USA, Australia, and EMEA regions.
- GilbarcocoreGilbarco OEM partnership for forecourt and petroleum retail solutions.
- VerifonecoreVerifone OEM partnership for payment terminal integrated cash drawers.
- Wincor NixdorfcoreWincor Nixdorf OEM partnership for banking and retail POS solutions.
- WorldpayregionalSelected as preferred cash drawer supplier for Worldpay's My Business Hub, providing cash drawer solutions to Worldpay's merchant customer base.
- ScanSourcecoreScanSource distribution partnership for APG products.
- Retail Data Systems (RDS)coreRDS sales conference participation and partnership for retail data solutions integration.
- Balance InnovationsintegrationPartnership with Balance Innovations to offer comprehensive visibility into cash handling data and back-office analytics.
- QuadroxintegrationPartnership with Quadrox to exhibit loss prevention solution for POS at Equipmag Show 2012.
- pcAmericaintegrationPartnership with pcAmerica to launch new POS bundle for convenience store efficiency needs.
Scale indicators9 records
Recent moves6 records
Expansion highlights7 records
APG competitors and assessment
Company assessmentDirect peers
- Posiflex Technology: Posiflex designs and manufactures POS terminals and peripherals, including cash drawers and POS hardware sold to retail and hospitality channels globally. Directly comparable to APG as a POS hardware specialist with overlapping OEM and channel distribution.
- Star Micronics: Star Micronics is a global POS peripheral manufacturer best known for receipt printers and increasingly cash drawers and mPOS accessories. Directly comparable to APG as a POS hardware peripheral supplier serving similar retail and hospitality customers.
- Tidel: Tidel manufactures smart safes and cash management systems for retail, with software for cash reconciliation. Closely comparable to APG's smarttill offering, addressing cash-loss prevention and back-office cash analytics.
- Volumatic: Volumatic provides cash handling, cash counting, and loss-prevention solutions for retail and banking. Directly comparable to APG smarttill for in-lane and back-office cash management.
- CIMA International: CIMA specializes in automated cash management solutions for retail, including smart safes and cash recyclers. Comparable to APG in addressing cash shrinkage and reconciliation automation for retailers.
Broad incumbents
- Glory Global Solutions: Glory is a global leader in cash handling technology, including cash recyclers, sorters, and retail cash management. Comparable to APG at the higher end of cash automation, though Glory's portfolio is broader and includes banking and CIT-grade equipment.
- NCR Corporation: NCR is a flagship OEM partner of APG and a major POS systems vendor serving retail and hospitality. Comparable as a downstream channel that determines embedded demand for APG hardware, while also competing broadly in POS software and self-checkout.
- Elo Touch Solutions: Elo (formerly Elo Touch / part of TE Connectivity) produces touchscreens, POS terminals, and peripherals for retail and hospitality. Overlaps with APG's POS hardware footprint, though Elo's core focus is displays and integrated terminals rather than cash drawers.
- Verifone: Verifone is a global payment terminal manufacturer and APG OEM partner. Comparable as an adjacent POS hardware incumbent whose terminals frequently integrate with APG cash drawers, particularly in petroleum and convenience retail.
Emerging players
- Cash Bases: Cash Bases merged with APG in 2014 to create a combined cash drawer technology company. Comparable as a historical direct peer whose IP and European footprint now sit inside APG.
Market position
Strengths5 records
Weaknesses6 records
Competitive moat5 records
Key risks2 records
Key highlights7 records
Customer concentration
APG social profiles
Digital presenceAPG financial estimates
Financial estimateRevenue estimate
Valuation estimate
APG leadership team
Management profileNumber of profiles
Profiles12 records
APG subsidiaries and ownership
Company hierarchySubsidiaries2 records
APG funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
APG M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about APG
What does APG do?
APG manufactures and sells POS cash drawers in three durability tiers — Light Duty (Arlo, Atlas; 500,000+ cycles), Standard Duty (Vasario; 1,000,000+ cycles), and Heavy Duty (Series 100, Series 4000, Legend; 4,000,000+ cycles) — with warranties from 1 year to limited lifetime. Its differentiated offering is the smarttill® cash management system, which uses weighing technology to instantly count coins and banknotes and feeds data to a cloud back-office for real-time cash analytics, shrinkage prevention, and loss reduction (claimed up to 90%). Supporting products include the Note Acceptor, NetPRO/ShareTill wireless connectivity interfaces, custom/bespoke drawer configurations, and a parts and accessories catalog sold via US and UK e-commerce stores.
Is APG a public or private company?
APG is a private company. It is classified as management employee owned and is currently operating.
When was APG founded?
APG was founded in 1977. It employs 101 to 250 people.
Where is APG based?
APG is headquartered in Minneapolis, United States, in the North America region.
How does APG make money?
Four revenue lines are on record. Hardware Sales - Cash Drawers are the primary driver. The others are cash Management Solutions - smarttill®, parts and Accessories and OEM/Embedded Solutions.
Who are APG's main competitors?
Direct peers on record are Posiflex Technology, Star Micronics, Tidel, Volumatic and CIMA International. Broad incumbents are Glory Global Solutions, NCR Corporation, Elo Touch Solutions and Verifone. Cash Bases is listed as an emerging player.
Does APG have an API?
No public API is recorded for APG.
What industry is APG in?
APG's product category is POS Cash Drawers and Cash Management Hardware. Its primary akta.pro industry code is HDACAKAE, Cash Drawers, Cash Handling & Coin/Bill Counters, with a secondary code of FSAGAIAG, BNPL Consumer Apps & Wallets (Discovery, Management).