![]() We are excited to work together to open our clients up to their wider product portfolio.” Want to contact the author directly about this story? Have ideas for a follow-up article? Email Edward Gately or connect with him on LinkedIn. Increase profitability and help deliver better client services. ![]() “And the decision came down to finding the right buyer that we knew would care for our customers the same way we do. Australian wealth accounting solutions for Accountants and Advisers. “We had quite a few options on the table when it came to selling our company,” she said. “I have never been more excited in my career to be part of something as special as we’re building.” Abacus Group Had Many Options for Selling ![]() “We did a lot of grassroots brand building in 2021, really doing a lot of work showing partners our capabilities in the area of Wi-Fi engagement and analytics, managed communication and networking services, and most importantly, our ability to build an intelligent, customized solution for our customers and give a high-touch managed experience,” he said. Recent and potential future acquisitions, and investment in organically growing its network, product set and nationwide staff will fuel this growth. Telesystem is poised to accelerate its growth in 2022, Wirt said. “Last year following the acquisition of Voxnet, Telesystem announced that it was looking to acquire VoIP resellers and MSPs that would add to Telesystem in the way of regional presence of the acquired company, expert technical talent that comes with the acquired company, increasing the percentage of VoIP customers in our customer base versus legacy technology customers, and potentially adding new technology of points of presence that Telesystem does not have today,” he said. Then check out what we thought were the biggest mergers and acquisitions of 2021! Providing industry-leading IT services and solutions to alternative investment firms. Keep up with the latest channel-impacting mergers and acquisitions in our M&A roundup. Abacus Group 3,391 followers on LinkedIn. That should free up more money for better pricing for future customers, more competitive spiffs and promotions, and market development funds. However, the added customer base helps to increase its buying power with vendors. Telesystem didn’t acquire any new product sets in this acquisition, Wirt said. In addition, partners will benefit from more brand awareness as Abacus Group customers are introduced to Telesystem, Wirt said. Abacus has built close working relationships with leading retail vendors that support big-box grocery and drug retail chains with a global partnership with Toshiba Global Commerce Solutions.“This move also demonstrates to partners that Telesystem is investing in growth and is in great financial standing,” he said. By using cutting edge technology, created by forward-thinking industry experts, the Abacus gateway enables lotteries and retailers to respond to the ever-changing consumer market with speed, agility, reliability and integrity. Abacus believes in building long term relationships by working together to develop new and innovative solutions. The Abacus Fusion Platform sits at the heart of connecting consumers, retailers and lotteries, with the Abacus team managing integration from start to finish. As a NASPL API gateway provider, we support in-lane sales, lottery self-checkout and lottery expansion to retailers who won’t accept traditional terminals.Ībacus believes the future of lottery lies in integrating into the existing retailer and consumer infrastructures by providing a highly secure transaction gateway that enables all parties to work together and create mutual growth.
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