News

Minnesota ATM provider buys Wisconsin security solutions company

October 5, 2016

NuSource Financial, a provider of transaction solutions, has announced its strategic acquisition of Superior Safe & Security, a security solutions provider for Wisconsin banks and credit unions.

A press release from NuSource described Green Bay-based Superior Safe & Security as a growing company with a complete line of physical and electronic security products and servicing capabilities for financial and commercial enterprises.

Eden Prairie, Minnesota-based NuSource is a supplier of ATM, branch transformation and security solutions to more than 700 financial institutions in 20 states, the release said.

The companies share similar customer bases, which will afford the opportunity to offer security solutions from Superior to existing NuSource customers in Wisconsin, and to sell NuSource ATM and branch transformation solutions to current Superior customers, according to NuSource President Jon Erpelding.

"We are extremely excited about the acquisition of Superior Safe & Security," he said. "With NuSource's continued effort to help financial institutions better protect and serve their customers, the addition of Superior Safe & Security is a strong fit. NuSource has a long history of providing ATM and branch transformation solutions in Wisconsin, and the addition of Superior Safe & Securities security solutions is an exciting opportunity for our team and our clients."