STRATEGIC PARTNERS
FORT LAUDERDALE, FL - American Changer Corp. reports that it has finalized an asset purchase agreement with Triad Design Group Inc., a manufacturer of self-serve money changers serving a variety of industries. American Changer explained that Triad's culture of providing high-quality products and services, along with developing long-term relationships with its customers, supports American Changer's continued growth plan and will accelerate its innovative product development. According to American Changer,...
July 22, 2019
FORT LAUDERDALE, FL - American Changer Corp. reports that it has finalized an asset purchase agreement with Triad Design Group Inc., a manufacturer of self-serve money changers serving a variety of industries.
American Changer explained that Triad's culture of providing high-quality products and services, along with developing long-term relationships with its customers, supports American Changer's continued growth plan and will accelerate its innovative product development. According to American Changer, this strategic asset purchase will enable customers to benefit from increased resources and shared knowledge.
Products and parts for Triad changers will continue to be sold under the Triad trade name, which has been associated with developing products to meet customer needs and filling gaps in the marketplace. Triad's principal owner, Chuck White, will join the American Changer team as national accounts manager after a brief transitional period. In this role, White will focus on several projects, which include ensuring relationship continuity with Triad customers, sales growth in new and existing markets, and product development.
Products and services will be provided from American Changer's manufacturing and corporate center here. The absorption of Triad's product line into American Changer's expanding portfolio will be supported by American Changer's dedicated and experienced team members.
"The acquisition unites three of the most reputable brands of money changers in the world -- Triad, Rowe and American Changer -- and reinforces American Changer's vision to remain at the forefront of ingenuity," the company said.
American Changer is an innovator and manufacturer of banknote changers, and designs products including redemption devices, custom solutions and tokens (Hoffman Mint). The team at American Changer works closely with distributors, operators and OEMS worldwide in a variety of venues.
"We endeavor to provide secure, automated, and practical solutions with an emphasis on lowering installation and operating costs, maximizing machine uptime, enhancing revenues, reducing pilferage and improving profits," American Changer explained. "We welcome the opportunity to provide practical and efficient solutions for every application and industry."
American Changer maintains a website at www.americanchanger.com .
