OMAHA, Neb (PRWEB) November 01, 2012
The Strawhecker Group (TSG) is pleased to announce the completion of a successful transaction in the electronic payments sector, serving as advisor to Trilogy Payment Solutions for the sale of its payments business to Boca Raton, FL based American Bancard.
American Bancard CEO, Sam Zietz said, “we are thrilled with closing another transaction, and look forward to a successful integration of Trilogy onto our platform. We are able to differentiate our offerings to merchants through our proprietary POS systems and technology products, allowing us to become a true solution provider. We are also able to provide our merchants full implementation and customer support thereby creating a very positive overall experience for small and medium sized businesses. We look forward to continuing our expansion with future acquisitions.”
“We were pleased to work with Trilogy and assist them in their search for an appropriate suitor of their payment solution business,” said TSG Partner Jamie Savant.
About American Bancard
AMERICAN BANCARD, LLC, is a leading provider of electronic payment equipment and merchant processing services in the U.S. Besides its core business, the company provides additional programs that focus on helping small and medium sized merchants increase their profitability with non-traditional options for securing working capital through its cash advance program. AMERICAN BANCARD has appeared four times on the Inc. Magazine list of 500 fastest growing companies in the U.S. AMERICAN BANCARD is located in Boca Raton, FL. For more information, please visit http://www.americanbancard.com
The Strawhecker Group (TSG) is a management consulting company focused on the payments industry. The company specializes in providing financial institutions, issuers, merchant acquirers, card associations, processing companies, large merchants, and the investment community with advisory services to maximize their growth and profitability. TSG is also a resource of payments industry research, benchmark studies and developing trends. For more information please visit http://www.TheStrawGroup.com. Click here to see other recent TSG transactions.
402.964.2617 / Info(at)TheStrawGroup(dot)com