Convergint Acquires NuSource Financial, Expanding Financial Services Security Solutions Expertise

HOFFMAN ESTATES, Ill.--(BUSINESS WIRE)--Convergint, a global leader in service-based systems integration, today announced the acquisition of NuSource Financial LLC, a leading provider of branch transformation, ATM services, and security solutions for financial institutions across the United States. This acquisition strengthens Convergint’s capabilities in financial services, ATMs, ITMs, Teller Cash Recyclers (TCRs), core integrated ATMs and remote managed services and reinforces an area of strategic growth.

“This acquisition represents one of the most significant expansions of our financial services capabilities to date,” said Sean Flint, President of Americas at Convergint. “The deep expertise of NuSource’s colleagues, combined with Convergint’s global scale and service-first culture, creates unmatched value for financial institutions striving to transform their branches, enhance security, and deliver exceptional experiences to their customers.”

Over 140 NuSource employees will join Convergint under the transaction, which also adds new financial services-focused technologies, operational solutions, and services to Convergint’s global portfolio of electronic security, fire and life safety, and building technology solutions.

“Our team has always been committed to putting clients first; guided by our core values of integrity, professionalism and teamwork with every engagement,” said Jon Erpelding, Co-Founder, President, & CEO of NuSource Financial. We are excited to carry on our legacy of providing word class service with the same team operating under the NuSource name that our clients have entrusted for many years. Becoming part Convergint gives us the opportunity to continue that commitment while gaining the scale and resources of a global security leader. Together, we’ll bring even greater value to the financial services community.”

Founded in 1999 and based in Eden Prairie, Minnesota, NuSource Financial supports hundreds of community banks, regional banks, and credit unions nationwide. The company has built its reputation on a consultative approach to branch operations and a focus on client needs.

About Convergint

We are a global leader in technology enabled security and safety solutions. We offer design, implementation, integration, management, and service solutions around the globe. Our 11,000+ colleagues partner with leading security technology companies to bring deep vertical expertise and field delivery capabilities. We help customers manage complex regulatory and compliance requirements with certified and licensed technicians, who bring local expertise and global scale and consistency. We are recognized as the #1 systems integrator in SDM Magazine’s Top Systems Integrators Report for the past 8 years and a U.S. News & World Report ‘Best Company to Work For.’ With over 220 locations worldwide, we aspire to be our customers’ best service provider. To learn more about Convergint, visit www.convergint.com.