Amuze, a provider of arcade and amusement solutions, has acquired Ferris Music Service, Inc. and its ATM division, Mainely ATMs, according to a press release. The move strengthens Amuze's position in the Northeast, particularly in Maine.
FMS, a 65-year-old company, is known for its entertainment solutions, including over 1,200 amusement games and 240 ATMs. Joseph Ferris III, general manager of Mainely ATMs, expressed excitement about the partnership. «We are proud of what we've built and excited to join forces with Bar Partners, whose national reach and bold leadership will help us continue to grow,» Ferris said in the release.
Stephen Lahti, CFO of Amuze, highlighted the benefits of the acquisition: «Ferris's strong reputation and diverse customer base complement our regional strategy. By modernizing payment systems and leveraging our vertical integration with Pipeline Games, we will enhance their already well-run operation,» he said in the release.
This acquisition, backed by WhiteHorse Capital, is part of Amuze's ongoing effort to expand its regional footprint.
Source: Vending Times