EZEE ATM LP acquires the Meta - 4 Business Networking Solutions from CGI

Wednesday 30 June 2004 16:43 CET | News

Ezee ATM has acquired all of the ATM assets of Montreal based Meta-4 Business Networking Solutions from CGI Group Inc.

Meta-4 provides cash dispensing services totaling in excess of $300 million annually via a network of almost 700 ATMs located across Canada. Toronto based Ezee ATM is Canadas largest non-switching White Label ATM portfolio management company with operating terminals in every province and territory across the country. With the Meta-4 acquisition, Ezee will increase its annual ATM transaction base to approximately 15 million, and dispensed cash to over $900 million. Ezee ATM was a relatively late entry into the Canadian White Label industry. It began operations in mid-2001 and has aggressively expanded market share primarily through its nine acquisitions over the past three years. In March of this year Ezee ATM formed a strategic association with Newport Partners. Together they are dedicated to the consolidation of the private financial transaction processing industry and ATM management.

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Categories: Payments & Commerce | Payments General
Countries: World
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Payments & Commerce