The deal gives PAI more than 15,000 additional ATM terminals, as well as an additional four financial institution partnerships to PAI’s existing nationwide network of over 75,000 ATMs.
“Eclipse brings an important set of business expansion opportunities to PAI,” David Dove, PAI CEO, said in a press release. “We are very pleased to have Eclipse CEO Chris Biedrzycki and his team join us.”
Launched in 2003, Eclipse is a nationally-recognized, independent sales organization (ISO) that provides full-service ATM solutions, including transaction processing services, permanent placements, mobile ATM deployments for large-scale events, comprehensive ATM parts and repair services, and a wireless communication platform unique to the ATM industry.
“The opportunity to join PAI is important to all of us at Eclipse,” added Biedrzycki. “PAI provides scale, as well as industry-leading portfolio management tools for our market partners. Leveraging PAI’s infrastructure and ATM expertise will benefit both our customers and staff through continued growth.”
The entire Eclipse team will join PAI and continue to work out of the Chandler, Arizona, office.
PAI has had a busy summer. In June, it announced it acquired Massachusetts-based ATM operator ISA-Ecash. The acquisition added 40-plus financial institution customers with 960 ATMs located throughout the Northeast to PAI’s existing nationwide network. The deal also encompasses ISA-Ecash’s industry-leading ATM Manager Pro software, which currently supports more than 270,000 ATMs across the United States.
Like Eclipse, ISA-Ecash employees will stay on and work out of the company’s Norwood, Massachusetts, offices.
“We are very excited about the capabilities ISA-Ecash has built over the years and the value they will add to our portfolio management products and services business,” Dove said at the time.