APG

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.

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

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

• POS cash drawers
• Cash management solutions
• Retail point-of-sale
• Mobile POS connectivity
• Cash drawer manufacturing

Headquarters

HQ city

Minneapolis

HQ country

United States

HQ region

North America

Offices7 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Supply Chain, Personnel, Technology or R&D, Operations, Marketing or Sales, Infrastructure

Revenue model

1. 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.
2. 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.
3. 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.
4. OEM/Embedded Solutions: OEM partnerships with POS system manufacturers where APG hardware is embedded and sold as part of complete POS solutions.

Pricing tiers

Go-to-market motion2 records

Distribution channels7 records

Marketing channels8 records

Core 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

Named customers5 records

Segments9 records

Ideal customer profiles3 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration4 records

Feature8 records

Partnerships

24 partnerships are on record, tiered core, regional, integration and flagship.

• Ingram MicrocoreChannel Partner/ Reseller/ DistributorAPG partnered with Ingram Micro for expanded global presence, leveraging Ingram Micro's distribution network to reach more customers worldwide.
• EET EuropartscoreChannel Partner/ Reseller/ DistributorStrategic partnership with EET Europarts to strengthen global distribution strategy, providing local access to APG cash management solutions across European markets.
• MSP SystemscoreChannel Partner/ Reseller/ DistributorPartnership 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 MasterregionalChannel Partner/ Reseller/ DistributorPartnership with Station Master to eliminate cash losses for Irish retailers through integrated cash management solutions.
• POSTREMOregionalChannel Partner/ Reseller/ DistributorPartnership with POSTREMO to offer innovative cash management solutions for the growing cannabis market at MJBizCon 2019.
• NewstoreintegrationTechnology or IntegrationIntegration partnership with Newstore for Footasylum's in-store checkout reinvention using APG NetPro connectivity.
• OdoointegrationTechnology or IntegrationCustomer success story partnership: Odoo PoS integration with APG smarttill for retail cash management at the point of sale.
• Cash BasescoreStrategic or Co-development PartnerAPG merged with Cash Bases to create a world-class cash drawer technology company, combining expertise and manufacturing capabilities.
• NCR CorporationflagshipOEM/ Whitelabel/ Licensing PartnerNCR OEM partnership for embedded cash drawer solutions in NCR POS systems.
• Oracle/MICROSflagshipOEM/ Whitelabel/ Licensing PartnerOracle MICROS OEM partnership for embedded cash drawer solutions.
• Toshiba Global Commerce SolutionsflagshipOEM/ Whitelabel/ Licensing PartnerToshiba OEM partnership for embedded cash drawer solutions.
• HP Inc.flagshipOEM/ Whitelabel/ Licensing PartnerHP OEM partnership for embedded cash drawer solutions.
• Dell TechnologiesflagshipOEM/ Whitelabel/ Licensing PartnerDell OEM partnership for embedded cash drawer solutions.
• MicrosoftflagshipOEM/ Whitelabel/ Licensing PartnerMicrosoft OEM partnership including Windows Embedded support and surface area optimization.
• FujitsucoreOEM/ Whitelabel/ Licensing PartnerFujitsu OEM partnerships for USA, Australia, and EMEA regions.
• GilbarcocoreOEM/ Whitelabel/ Licensing PartnerGilbarco OEM partnership for forecourt and petroleum retail solutions.
• VerifonecoreOEM/ Whitelabel/ Licensing PartnerVerifone OEM partnership for payment terminal integrated cash drawers.
• Wincor NixdorfcoreOEM/ Whitelabel/ Licensing PartnerWincor Nixdorf OEM partnership for banking and retail POS solutions.
• WorldpayregionalGTM or Marketing PartnerSelected as preferred cash drawer supplier for Worldpay's My Business Hub, providing cash drawer solutions to Worldpay's merchant customer base.
• ScanSourcecoreChannel Partner/ Reseller/ DistributorScanSource distribution partnership for APG products.
• Retail Data Systems (RDS)coreChannel Partner/ Reseller/ DistributorRDS sales conference participation and partnership for retail data solutions integration.
• Balance InnovationsintegrationTechnology or IntegrationPartnership with Balance Innovations to offer comprehensive visibility into cash handling data and back-office analytics.
• QuadroxintegrationTechnology or IntegrationPartnership with Quadrox to exhibit loss prevention solution for POS at Equipmag Show 2012.
• pcAmericaintegrationTechnology or IntegrationPartnership with pcAmerica to launch new POS bundle for convenience store efficiency needs.

Scale indicators9 records

Recent moves6 records

Expansion highlights7 records

Direct 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

• YouTubeyoutube.com/c/CashManagementGlobalSolutionsbyapg
• Facebookfacebook.com/apgglobalsolutions
• LinkedInlinkedin.com/company/apgglobalsolutions
• Instagraminstagram.com/apgglobalsolutions
• Xx.com/apg_solutions

Revenue estimate

Valuation estimate

Number of profiles

Profiles12 records

Subsidiaries2 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about APG