Dolphin Debit Acquires Outsource ATM
HOUSTON, June 4, 2019 – Dolphin Debit, the full-service ATM management company, has acquired longtime competitor Outsource ATM and has added Outsource’s scores of clients and managed ATMs to its national footprint.
The acquisition was finalized last week after several months of discussions between Dolphin Debit and Cypress, Texas-based Outsource. All of the Outsource clients, primarily credit unions and banks in Texas and Louisiana, have been transitioned to Dolphin Debit.
With the acquisition, privately held Dolphin Debit adds another 65 financial institutions to its client base, furthering its position as the leading pure play ATM outsourcing provider to credit unions and banks.
“Our two companies had many similarities, so this has been a seamless transition for both companies and for our new clients,” said Gary Walston, co-founder of Dolphin Debit. “As a larger company, we can offer vast resources in the form of people, expertise, and technical capabilities to the clients that we have inherited from Outsource.”
Troy LeBlanc, president of Outsource ATM, will now concentrate on leading a separate operation he owns, Outsource Technology, which provides ATM maintenance and service.
“I have known and interacted with the people at Dolphin Debit for almost 20 years,” LeBlanc said. “I know that the valued clients that we have worked with for years will be in good hands with Dolphin.”
“The Dolphin Debit story is one of consistent organic growth, and this acquisition adds to that pace,” Walston noted. “We are seeing even stronger growth in the past couple of years as more and more credit unions and banks are deciding that outsourcing their ATM fleets is the best strategy in light of continuing regulatory changes as well as next year’s switch to the Windows 10 operating system.”
Dolphin Debit, headquartered in Houston, was founded in 2005 and operates ATMs for hundreds of financial institutions from coast to coast.
About Dolphin Debit
Dolphin Debit Access is a full-service ATM management company that owns and operates ATMs for financial institutions. Dolphin’s turnkey ATM service includes deployment of new ATM equipment combined with terminal driving, ATM maintenance, armored car service, communications, monitoring and dispatch, and cash management. Dolphin Debit operates all types of equipment in various on-premises and off-premises venues. In addition, Dolphin Debit has the rights to install and operate drive-up ATMs at Walmart/Murphy USA locations in multiple states. Dolphin Debit customizes solutions to the specific needs of clients, with a flexible, cost-saving approach that enables redeployment of company assets to improve the bottom line. For more information, visit dolphindebit.com.