Trending...
- Tampa-Based Digital Marketing Agency Launches New Website to Help Local Businesses Grow Online
- Global Families Turn to Young Travelers Concierge Amid Rising Safety Concerns in the U.S
- Meditech International Inc. and Los Angeles Rams Continue Strategic Partnership to Enhance Athlete Performance and Recovery
LANCASTER, Pa. - illiNews -- Paramount Management Group is pleased to announce it has successfully acquired the ATM portfolio operated by New Port Richey, FL-based Amer-E-Com Digital Corporation dba First National ATM. Adding to its long list of profitable partnerships over the last few years, this acquisition increases the company's footprint by more than 1,000 ATMs in 34 states and the District of Columbia.
The First National ATM team will continue to work under the Paramount umbrella to ensure the high-quality level of customer service that their distributors and merchants have come to expect.
"We are very excited to welcome First National to our Paramount family," said Maya Fuentes, Senior Vice President of Sales and Marketing. "I have great respect for Rick and his team and what they have accomplished."
More on illi News
Since 1998, First National ATM has steadily grown and earned a stellar reputation as a trusted full-service provider of ATMs, with a wide range of high-profile locations at universities, hospitals, train stations, restaurants, and grocery and convenience stores throughout North America.
Boston-based Tremont Capital Group, Inc., a firm that specializes in providing strategy consulting and merger and acquisition advisory services to the ATM industry, advised the seller in the transaction and facilitated the deal.
"This transaction was a phenomenal fit and outcome for both sides, as well as their customers," said Sam Ditzion, CEO of Tremont Capital Group.
"The synergies between our two companies are phenomenal," Rick Westenberger, President of First National ATM says. "My team looks forward to being able to unlock new business opportunities by offering our customers the added capabilities, experience and capital that comes with partnering with Paramount."
More on illi News
ABOUT PARAMOUNT MANAGEMENT GROUP, LLC — A national leader in implementing the latest technology to allow consumers, retailers and financial institutions to interact easily and conveniently, Paramount's services include the placement and operation of ATMs, digital media solutions and other value-added products and services at the ATM. Visit paramountmgp.com to learn more. To inquire about acquisition, contact Maya Fuentes by email or by phone at (973) 216-8560.
The First National ATM team will continue to work under the Paramount umbrella to ensure the high-quality level of customer service that their distributors and merchants have come to expect.
"We are very excited to welcome First National to our Paramount family," said Maya Fuentes, Senior Vice President of Sales and Marketing. "I have great respect for Rick and his team and what they have accomplished."
More on illi News
- This Budget Didn't Break the System—It Exposed the Truth
- Statement From EWTN Chairman & CEO Michael P. Warsaw On The Election of Pope Leo XIV
- NBA Champion Lamar Odom Launches Anti-Addiction Meme Coin, Ushering in a Disruptive Innovation in Web3
- Mentor Agile Empowers Illinois Residents with Free Access To Product Management Training
- Midwest Pond Features & Landscapes Hits 100 Cleanouts This Spring, Expands Services Across Chicago
Since 1998, First National ATM has steadily grown and earned a stellar reputation as a trusted full-service provider of ATMs, with a wide range of high-profile locations at universities, hospitals, train stations, restaurants, and grocery and convenience stores throughout North America.
Boston-based Tremont Capital Group, Inc., a firm that specializes in providing strategy consulting and merger and acquisition advisory services to the ATM industry, advised the seller in the transaction and facilitated the deal.
"This transaction was a phenomenal fit and outcome for both sides, as well as their customers," said Sam Ditzion, CEO of Tremont Capital Group.
"The synergies between our two companies are phenomenal," Rick Westenberger, President of First National ATM says. "My team looks forward to being able to unlock new business opportunities by offering our customers the added capabilities, experience and capital that comes with partnering with Paramount."
More on illi News
- Aureli Construction Sets the Standard for Seamless Home Additions in Greater Boston
- ScreenPoints Puts Film Investors in the Credits—and in the Money With New FinTech Platform
- Beyond Finance Wins Gold Stevie® Award for Customer Service Department of the Year in 23rd Annual American Business Awards
- Pathways to Adulthood Conference May 17 at Melville Marriott Honoring NYS Assembly Member Jodi Giglio, Suffolk County Legislator Nick Caracappa
- Adster Techologies awarded US Patent for breakthrough innovation in reducing latency in Ad Serving
ABOUT PARAMOUNT MANAGEMENT GROUP, LLC — A national leader in implementing the latest technology to allow consumers, retailers and financial institutions to interact easily and conveniently, Paramount's services include the placement and operation of ATMs, digital media solutions and other value-added products and services at the ATM. Visit paramountmgp.com to learn more. To inquire about acquisition, contact Maya Fuentes by email or by phone at (973) 216-8560.
Source: Paramount Management Group
Filed Under: Business
0 Comments
Latest on illi News
- $56.7 Million Announced in Q1 2025 with Revenue Growth and Progress Toward NASDAQ Uplisting for AI Marketing Company: IQSTEL, Inc. Stock Symbol: IQSTD
- SAVVY MINING raised $500 million and launched BTC.XRP.DOGE cloud mining, increasing investors' returns by 30%
- New National Nonprofit Launches to Capture Firsthand Accounts of Adoption Stories
- The Tide Project Opens at Biennale Architettura 2025 in Venice Amplifying Youth Voices
- Wall Street analysts say BTC.XRP.DOGE cloud mining company SIX MINING is expected to achieve a 5-fold increase, allowing users to easily mine BTC
- Gen X Takes The Reins: New Book Guides Caregivers Juggling Parents, Kids, And Grandkids With Humor And Heart
- Naperville Welcomes Top Global Leaders Through Americas Competitiveness Exchange Visit
- Fray Fitness Launches Memorial Day Sale and Veteran Organization Giveaway
- ABM for Good™ Launches First Project with Build Change
- Local Nonprofit Files Lawsuit Against Trump Administration's Attack on AmeriCorps
- Pregis Honors Partners Driving Measurable Impact with Annual Pregis Purpose Awards
- ImagineX, in Collaboration with Qualys, Launches New mROC Services to Transform Enterprise Cyber Risk Management
- Ditch Micromanagement: New Leadership Book for Results-Driven, Accountability-Based Teams
- Jay Tapp was named Managing Director in British Columbia
- Hubei Heavy Equipment Makes a Striking Appearance at CIMT and Competes with International Brands
- 20 Patents Issued Worldwide, Cementing Company Leadership. First Ever Cable-Free 12-Lead ECG: HeartBeam, Inc. (Stock Symbol: BEAT)
- NASDAQ Uplisting for Higher Market Exposure and Wide Corporate Benefits to AI Boosted Marketing Company On Track Towards $1 Billion Revenue by 2027
- AAR announces investor conference schedule for May and June 2025
- Congressional Men's Health Caucus Shows Bipartisan Consensus and Focus on Prevention, Mental Health, and Closing the Lifespan Gap
- The Alternative AI Architecture That Creates Certainty and Trust - No More Guesses.