Convergint, a global leader in service-based systems integration, is acquiring Nusource Financial LLC, a leading provider of branch transformation, ATM services, and security solutions for financial institutions across the United States. It is anticipated that this acquisition strengthens Convergint’s capabilities in financial services, ATMs, ITMs, Teller Cash Recyclers (TCRs), core integrated ATMs and remote managed services and reinforces an area of strategic growth.
“This acquisition represents one of the most significant expansions of our financial services capabilities to date,” said Sean Flint, President of Americas at Convergint. “The deep expertise of Nusource’s colleagues, combined with Convergint’s global scale and service-first culture, creates unmatched value for financial institutions striving to transform their branches, enhance security, and deliver exceptional experiences to their customers.”
Over 140 Nusource employees will join Convergint under the transaction, which also adds new financial services-focused technologies, operational solutions, and services to Convergint’s global portfolio of electronic security, fire and life safety, and building technology solutions.
“Our team has always been committed to putting clients first; guided by our core values of integrity, professionalism and teamwork with every engagement,” said Jon Erpelding, Co-Founder, President, & CEO of Nusource Financial. We are excited to carry on our legacy of providing word class service with the same team operating under the Nusource name that our clients have entrusted for many years. Becoming part Convergint gives us the opportunity to continue that commitment while gaining the scale and resources of a global security leader. Together, we’ll bring even greater value to the financial services community.”
Founded in 1999 and based in Eden Prairie, Minnesota, Nusource Financial supports hundreds of community banks, regional banks, and credit unions nationwide. The company has built its reputation on a consultative approach to branch operations and a focus on client needs.
