Choose your Sector ▾ United Kingdom Home News & Updates Cennox adds to their US operations with the acquisition of Bancsource, the financial equipment & services business. 26th May 2021 Cennox acquisition EMAIL FACEBOOK TWITTER LINKEDIN Cennox adds to their US operations with the acquisition of Bancsource, the financial equipment & services business. ATLANTA, GA: Cennox announces the acquisition of the US financial equipment and services business, Bancsource. The deal enables Cennox to expand their operations across the United States and further build on their extensive field service programs for their customers. Cennox, founded in 2006, provides integrated services and solutions to the financial, retail, and transportation industries. Cennox operates extensively throughout the USA, UK and mainland Europe supporting its blue-chip customer base through a highly skilled employee base. Following the acquisition, the fifteenth since Cennox’s founding, the company will have close to 1,500 employees worldwide. “Bancsource offers an exciting opportunity for Cennox to strengthen and expand its service offering in banking automation, break fix and smart safe deployment and maintenance,” explains Clive Nation, Founder and CEO of Cennox. “With a range of high-profile clients, the acquisition of Bancsource supports the Cennox strategy of increasing its banking and non-banking solutions, as well as geographic coverage for its key customers and OEM partners.” Nick Cockett, COO of the Cennox Group, also commented. “The Cennox acquisition of Bancsource provides a major growth opportunity for both our businesses through an extended service offering for our clients. As our clients continue their transition to a technology-based architecture, we will be best positioned to support them on that journey.” The expanded business will serve 700+ Financial Institutions and Non-Financial Institutions, across the USA and will manage over 100,000+ ATMs, ITMs, BTMs and smart safes. ABOUT CENNOX Cennox is a solutions provider headquartered in Atlanta GA. Cennox is heavily focused on field maintenance, branding and facilities management operations. Since its inception in 2006, the Cennox business has evolved to meet the unique demands of the dynamic and maturing customer technology interfacing market. More information about the products and services it offers can be found at the company website: www.cennox.com. For more information about this Press Release please contact Stuart Dowling, Director of Marketing, Cennox, stuart.dowling@cennox.com | T: 404-605-0100 PREVIOUS Cennox partners with Autocanteen, an AI-powered self-checkout solution for catering Cennox launches the ‘next generation’ solution against cash trapping NEXT Latest News & Updates Should supermarkets be fully automated with self-checkout services? Should supermarkets be fully automated with self-checkout services? That is the debate that has been trending in recent weeks. Technology and human contact can go... 3rd Aug 2021 Cennox launches the ‘next generation’ solution against cash trapping Cennox proudly presents the next evolution Cash Shutter Guard, the new solution designed to prevent the introduction of fraudulent devices in to or on... 9th Jul 2021 Cennox adds to their US operations with the acquisition of Bancsource, the financial equipment & services business. ATLANTA, GA: Cennox announces the acquisition of the US financial equipment and services business, Bancsource. The deal enables Cennox to expand their operations across the... 26th May 2021 Cennox acquisition To discuss your requirements call 0044 (0)1276 607 200 Cennox Financial Services Retail Solutions Hygiene Products & Services Other Our Solutions Self-Service Terminals ATM Parts Supply Bank Field Services Security Solutions Branch Transformation Signage & Branding Software & Services Our Company Cennox Overview Corporate Values Senior Leadership Join Our Team News Insights Contact © 2015-2021 Cennox Plc | All Rights Reserved. Downloads Page Modern Slavery Policy Privacy & Policy Sitemap Web design agency Surrey