FORT LAUDERDALE, Fla. — American Changer Corp. reports it has finalized an asset purchase agreement with Triad Design Group Inc., a manufacturer of self-serve money changers serving a variety of industries, including Laundromats.
Terms of the agreement weren’t announced.
American Changer says that Triad’s culture of providing high-quality products and services, along with developing long-term relationships with customers, supports its continued growth plan and accelerates innovative product development.
Products and parts for Triad changers will continue to be sold under the Triad trade name. Triad’s principal owner, Chuck White, will join the American Changer team as national accounts manager following a brief transitional period.
In his new role, White will focus on several projects, including relationship continuity with Triad customers, sales growth in new and existing markets, and product development.
American Changer’s manufacturing and corporate center here will provide products and services, with the absorption of Triad’s product line into American Changer’s expanding portfolio supported by its dedicated and experienced team members.
American Changer says the acquisition unites three brands of money changers—Triad, Rowe and American Changer—and reinforces its vision to remain at the forefront of ingenuity.
American Changer Corp. Acquires Rowe, Feb. 18, 2019