Summary is AI-generated, newsdesk-reviewed
  • Convergint acquires Nusource, expanding financial services, ATMs, and security solutions.
  • Nusource enhances Convergint's capabilities with new technologies in electronic security.
  • Nusource, serving banks and credit unions, joins Convergint, strengthening branch transformation efforts.

Convergint, recognized for its expertise in service-based systems integration, is expanding its operations by acquiring Nusource Financial LLC. Nusource, known for providing branch transformation, ATM services, and security solutions, serves financial institutions across the United States.

This strategic acquisition is expected to enhance Convergint's capabilities in areas such as ATMs, ITMs, Teller Cash Recyclers (TCRs), core integrated ATMs, and remote managed services, furthering its growth in financial services.

Convergint's Enhanced Capabilities in Financial Services

Addition of Nusource brings its extensive expertise to Convergint's global reach and service-first culture

According to Sean Flint, President of Americas at Convergint, "This acquisition represents one of the most significant expansions of our financial services capabilities to date."

The addition of Nusource brings its extensive expertise to Convergint's global reach and service-first culture, aiming to offer unparalleled value to financial institutions seeking to transform their branches, improve security, and provide exceptional customer experiences.

Expansion of Convergint's Service and Technology Portfolio

Over 140 employees from Nusource will become part of Convergint, contributing their expertise and technology solutions focused on financial services. This integration broadens Convergint’s comprehensive portfolio in electronic security, fire and life safety, and building technology solutions.

Jon Erpelding, Co-Founder, President, and CEO of Nusource Financial, emphasized their commitment to client-centric values, stating, “Our team has always been committed to putting clients first; guided by our core values of integrity, professionalism and teamwork with every engagement.”

Legacy and Client Commitment

Founded in 1999 and headquartered in Eden Prairie, Minnesota, Nusource Financial has established a reputable presence by supporting a wide range of community banks, regional banks, and credit unions nationwide.

The company focuses on a consultative approach to branch operations, prioritizing client needs. As part of Convergint, Nusource will continue to deliver world-class service, benefiting from Convergint's global resources and infrastructure to further enhance value for the financial services sector.

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