Cash Blog

Welch ATM Completes Acquisition

Wednesday, September 11, 2013

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by Welch ATM

PEORIA, IL September 11, 2013 – Welch ATM today announced the completion of its acquisition of privately held One Point Financial, an independent ATM deployer based in Cumming, GA. One Point Financial specializes in off premise drive-up ATM solutions customized for financial institutions of all sizes. In addition to several hundred installed drive-up ATM locations throughout the Southeast and Midwest, the acquisition includes lease arrangements with many of the nation’s top REITS and property developers.
 
“Welch ATM’s decades of experience with off premise drive-up ATMs makes this a logical acquisition,” said Brad Cummins, president of Welch ATM. “The purchase of One Point greatly complements our existing drive-up ATM portfolio and further enhances the potential to grow this segment of our business.”
 
“Welch will strive to make this transition easy for current One Point Financial customers as well as provide them with better, high quality customer care and service while at the same time offering new and innovative products…exactly what our clients have come to expect from Welch,” said Adam Hobelmann, vice president of sales at Welch ATM.
 
The acquisition closed last week. Service at operating One Point Financial locations will continue uninterrupted during the transition.
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About Welch ATM
Welch ATM is an independent ATM company founded in 1973. With over three decades of
ATM industry experience and service, Welch has developed relationships with over 1,000 financial institutions and major retailers.
Welch ATM is a top branding partner in the industry, focusing on customer satisfaction and working individually with each client to create strategies that best fit their goals and needs.


Welch is a privately held company with over 22,000 ATMs under management nationwide.


To learn more about Welch ATM visit www.welchatm.com.