Companion Systems

What Companion Systems does

Companion Systems is a privately-held industrial manufacturer founded in 1984 and headquartered in North Salt Lake, Utah, that designs and fabricates custom physical environments for ATMs deployed by U.S. financial institutions. The company's core products include ATM surrounds (walk-up and drive-up), toppers, enclosures, island identifiers, kiosks, canopies, lobby teller cladding, and vinyl wraps, all built to order to match each customer's brand specifications. In 2020, the company expanded into physical ATM security with the launch of the SuperMAXX ATM Security Gate — a patented, mechanically-engineered gate (Patent # US2023/0021691 A1) designed to resist vehicle-pull attacks up to 35,000 lbs. and extend saw and torch breach times by 4x and 2x respectively.

Companion Systems manufactures all products at a six-acre, 100,000+ square-foot campus encompassing seven buildings with capabilities in mold and pattern making, metal fabrication, fiberglass-reinforced composites, vacuum-formed plastics, millwork, laminates, and a color-match paint lab. The company distributes through a direct enterprise field sales model with Regional Sales Managers covering the Southeast, East, and West territories, supported by a Technical Sales Advisor and a Sales Manager. A wholly-owned subsidiary, CAMS (Companion Asset Management Services), provides nationwide installation and field maintenance across the lower 48 states. The company also maintains partner channels with major ATM OEMs including NCR, Diebold Nixdorf, and Wingenback.

The business model is primarily project-based one-time hardware sales of custom-manufactured ATM branding products to banks and credit unions, supplemented by professional services revenue through CAMS for installation and maintenance. The company serves thousands of financial institutions, has no disclosed external investors, and operates with a workforce averaging 15 years of tenure. The company has been recognized as Utah Chamber of Commerce Business of the Year and U.S. Department of Commerce Utah Manufacturer of the Year for Sales and Marketing Expansion, and was an Ernst & Young Entrepreneur of the Year finalist.

Name

Companion Systems

Legal name

Companion Systems

Website

https://companionsystems.com

Company type

Private

Founded year

1984

Operating status

Operating

Headcount range

11–50 employees

Short description

Companion Systems is a 40-year-old Utah-based industrial manufacturer that designs and fabricates custom ATM surrounds, enclosures, toppers, and security gates for U.S. banks and credit unions, distributing through direct enterprise field sales and a wholly-owned nationwide field service subsidiary called CAMS.

Ownership category

akta.pro rank

Product category

ATM Branding and Security Hardware

NAICS

Security Systems Services (except Locksmiths) (561621)

SIC

General Industrial Machinery & Equipment, Nec (3569)

akta.pro primary industry

ATM Deployers & Managed ATM Services (IAD/ISO) (FSAMAOAC)

Keywords

• ATM branding solutions
• ATM security gates
• ATM enclosures manufacturing
• ATM surrounds fabrication
• ATM signage products

Headquarters

HQ city

North Salt Lake

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

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

Revenue model

1. ATM Branding Hardware Products: One-time sale of custom ATM surrounds, enclosures, toppers, island identifiers, kiosks, canopies, and security gates to financial institutions. Products are manufactured to order based on customer specifications and branding requirements.
2. SuperMAXX ATM Security Gates: Sale of the SuperMAXX ATM Security Gate - a proprietary security product with integrated alarm sensor capabilities. Includes the security gate hardware and associated alarm integration services.
3. CAMS - Companion Asset Management Services: Field service and asset management services for ATM environments, including nationwide installation and maintenance services through CAMS division.

Pricing tiers

Go-to-market motion1 record

Distribution channels3 records

Marketing channels5 records

Core offering

Companion Systems designs, manufactures, and installs custom ATM branding environments including surrounds, enclosures, toppers, island identifiers, kiosks, canopies, lobby teller cladding, and vinyl wraps for financial institutions. The company also produces the patented SuperMAXX ATM Security Gate for standalone ATMs and provides nationwide field service and asset management through its CAMS (Companion Asset Management Services) division.

Product overview

Companion Systems is the industry leader in ATM branding solutions, having launched the ATM surround and enclosure industry 40 years ago. The company offers a comprehensive portfolio of ATM environment products including ATM Surrounds (walk-up and drive-up), ATM Toppers & Enclosures, ATM Island Identifiers, ATM Kiosks & Canopies, and Lobby Teller Cladding & Vinyl Wraps. The product line was extended in 2020 with the SuperMAXX ATM Security Gate, a patented physical security solution for standalone ATMs. Additionally, CAMS (Companion Asset Management Services) provides nationwide field service support. The company manufactures all products at its 100,000 square foot facility in North Salt Lake, Utah, with capabilities in metal fabrication, fiberglass, plastics, and millwork.

Differentiator

Problem solved

Functional benefit

Brands

• SuperMAXX: Patented ATM Security Gate product line providing physical security for stand-alone ATMs. Patent # US2023/0021691 A1.
• CAMS (Companion Asset Management Services)

Products and services

• ATM Surrounds Walk-up and drive-up ATM surround products with innovative design coupled with high-quality materials, helping banking institutions enhance customer interactions through effective ATM branding.
• ATM Toppers and Enclosures ATM toppers and enclosures designed to complement brand and ATM functionality, offering both attractive appearance and practical utility for financial institutions.
• ATM Island Identifiers Innovative island identifier designs that make drive-up lanes stand out, helping financial institutions enhance brand visibility at ATM locations.
• ATM Kiosks and Canopies Functional and well-built ATM kiosk products and canopies serving as ATM branding solutions for financial institutions.
• Lobby Teller Cladding and Vinyl Wraps Attractive and functional ATM lobby teller products including vinyl wraps and custom cladding designed to match branch design aesthetics.
• SuperMAXX ATM Security Gate Patented physical security gate providing additional layer of physical security for standalone ATMs. Features robust strength, multi-layer locking mechanism, integrated alarm sensor kit, and imposing visual deterrent. Withstands over 35,000 lbs. pull force. Patent # US2023/0021691 A1.
• CAMS - Companion Asset Management Services Field service and asset management services for ATM environments, providing nationwide coverage through the CAMS companion platform.

Quantifiable outcome

• 35,000 lb pull force resistance
• +3 more outcomes

Named customers2 records

Segments1 record

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

Three partnerships are on record, tiered core and minor.

• NCRcoreTechnology or Integration · 1 November 2020NCR published a white paper on physical ATM security threats highlighting Companion Systems' ATM Security Gate solution. This suggests a technology/integration partnership where Companion's security products are featured in NCR's industry research and publications, positioning Companion as a recommended security solution for NCR ATM environments.
• NCRminorChannel Partner/ Reseller/ DistributorNCR is listed as a vendor type in the registration form, suggesting an operational relationship where NCR may be an existing customer, partner, or vendor relationship in the ATM ecosystem.
• Diebold NixdorfminorChannel Partner/ Reseller/ DistributorDiebold Nixdorf is listed as a vendor type in the registration form, indicating an operational relationship within the ATM manufacturer/vendor ecosystem.

Scale indicators9 records

Recent moves5 records

Expansion highlights5 records

Broad incumbents

• NCR Atleos: One of the largest global ATM manufacturers and a strategic partner of Companion Systems. Comparable because it sells ATM hardware and related services to the same US financial institution customer base, and is increasingly bundling security and branding adjacent offerings.
• Diebold Nixdorf: Major global ATM manufacturer and listed partner in Companion's registration portal. Overlaps with Companion in serving US banks and credit unions with ATM hardware, software, and adjacent physical security offerings.
• Hyosung TNS: Global ATM manufacturer (part of Hyosung) supplying hardware and software to US financial institutions. Comparable as a broad incumbent in the ATM equipment ecosystem in which Companion's surrounds and security gates are deployed.
• Triton Systems: US-headquartered ATM manufacturer serving financial institutions with cash-dispensing hardware. Comparable as a broader ATM equipment incumbent whose installed base overlaps with Companion's potential customer set.
• GRG Banking: Asia-based manufacturer of ATMs and self-service banking equipment, with growing US presence. Comparable as another broad ATM incumbent whose deployments create pull-through demand for surrounds and security accessories.
• Brink's: Global cash logistics, ATM, and retail services provider. Comparable because it touches the same financial-institution customer base, offers ATM-related physical security and managed services, and competes indirectly for security and service wallet share.
• Loomis: International cash handling, ATM, and security services provider. Overlaps with Companion in serving banks' physical cash and ATM security needs, and competes for adjacent security and service budgets.

Direct peers

• TMD Security: Specialist provider of physical and anti-fraud security solutions for ATMs, including barriers, anti-skimming, and anti-ram-raid products. Directly comparable to Companion's SuperMAXX security gate business, addressing the same physical-attack threat landscape.
• Cennox: Provider of ATM and branch security, maintenance, and physical hardware solutions to banks and retailers across multiple geographies. Closely comparable in scope to Companion's combination of physical security hardware plus nationwide field service.

Emerging players

• BPC Banking Technologies: Vendor of ATMs, self-service banking terminals, and security software to banks in emerging and developed markets. Comparable in delivering hardware and security solutions for ATM environments, though with a more software- and international-skewed profile than Companion.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/CompSystems

Revenue estimate

Valuation estimate

Number of profiles

Profiles8 records

Subsidiaries1 record

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 Companion Systems