Payment Alliance International, a provider of ATM portfolio management tools and services, has acquired the ATM portfolio of Cleveland-based B & B Music & Video, according to a press release.
The acquisition adds more than 580 company-owned and 120 merchant-owned ATMs to the nationwide fleet PAI services and supports. The acquisition also includes an additional 20 ATMs enabled with bitcoin purchasing capabilities.
This acquisition continues national expansion of the PAI's proprietary tools and services, including Vantage Technical Services for cash management, cash-in-transit and equipment maintenance, as well as AMP+, a portfolio management toolset providing real-time visibility and control to manage ATMs more effectively.
Terms of the agreement were not disclosed.
Source: ATM Marketplace