3SI Security Systems’ European business acquired by Cennox
UK-based banking software specialist Cennox has completed the acquisition of 3SI Security System’s European division.
Cennox says the takeover follows almost two years of its “hugely successful exclusive distributor agreement” with 3SI, covering the UK and Ireland.
Clive Nation, CEO of Cennox, assures there will be “a smooth seamless transition” with “no interruption of service”.
All 3SI European staff will join Cennox. The deal also includes 3SI’s Brussels HQ and supporting infrastructure.
Todd Leggett, CEO of 3SI, describes the firm’s mood as “very excited”.
Cennox was founded in 2004 and is based in Camberley, Surrey. It specialises in ATM and branch technology, and operates in the UK and the US. It employs 600+ staff.
It has also recently acquired Diebold Nixdorf’s UK & Ireland business.