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Elavon Acquires CenPOS, Enhancing Elavon's Digital Capabilities, Integrating Payments into CenPOS Software

Jan 09, 2019 - Business Wire
Mergers and Acquisitions

Elavon, a global payments provider and subsidiary of U.S. Bancorp, has acquired CenPOS, a Miami-based company offering integrated payment software solutions to large enterprises.

CenPOS focuses on three industry verticals: automotive, travel and entertainment (T&E), and general business-to-business transactions, which aligns well with Elavon's strengths. In addition, CenPOS' distribution strategy and product capability complement Elavon's assets, all of which make the two entities an excel...