Q Comm Acquires POS Biz from Sun Communications
Deal strengthens national merchant base
Published in CSP Daily News
OREM, Utah -- Q Comm International Inc., a provider of prepaid transaction processing and electronic point-of-sale (POS) distribution solutions, has announced the acquisition of the electronic POS business from Sun Communications, a prepaid distributor located in San Rafael, Calif. Terms of the deal were not disclosed.
The acquisition increases Q Comm's merchant base by more than 300 locations in California.
Additionally, Pieter Hamman, president of Sun Communications, will join the Q Comm International management team as vice [image-nocss] president of western U.S. sales, effective immediately.
It has always been the vision of Sun Communications to provide national coverage and top-class customer service to our merchant partners, said Hamman. In our search for a partner we found the same vision and business philosophies with Q Comm.
Mike Keough, president and CEO of Q Comm International, said, This acquisition is a great fit for us because it immediately expands our presence and merchant relationships in California. With our flexible technology, bilingual customer support and existing infrastructure, we are confident that Sun's merchant locations will benefit from [the deal]. We are serious about enhancing our presence at the point of sale and this includes acquiring strong regional players like Sun Communications.
Headquartered in the Wasatch Front high-tech corridor of Utah, Q Comm International electronically distributes and processes transactions for prepaid and related products.