NBS Payment Solutions Inc. has announced that it has completed the acquisition of substantially all of the assets of Equinox Payments, LLC. Equinox is a provider of payment terminals, applications and support services in the United States. NBSPS is a provider of payment terminals, applications and services to the Canadian market and is a wholly-owned subsidiary of Brookfield Asset Management Inc. Terms of the transaction was not disclosed.
“NBS Payment Solutions has operated in Canada for over 25 years and is excited about partnering with Equinox in the U.S. market,” said Drazen Ivanovic, President and CEO of NBSPS. “The well-established Equinox brand, products and excellent sales and support network, combined with NBSPS’s expertise in security, EMV migration and wireless technology, will enhance and strengthen Equinox’s position in the U.S. payment terminal space. NBSPS, PCI-DSS certified Managed Services, will provide additional value add and market differentiating solutions for Equinox customers. We are committed to providing high quality products and services, including Equinox’s new Apollo line and multi-lane terminals.”
Stuart Taylor, Vice President of Payment Solutions at Equinox said, “NBSPS’s success in product development and innovation provides a strong foundation for the combined operations of Equinox and NBSPS in North America. We are enthusiastic about the prospects of embarking on our next stage of growth with a partner of such depth and experience. NBSPS shares the Equinox commitment of aligning with key customers and supporting their growth and strategic objectives. This business combination will immediately improve the combined capabilities of both organizations and enable us to better serve our loyal customers.”
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