Glory Global Solutions Inc., a global leader in cash technology solutions, today announced it has made an offer to acquire Carrollton, TX based Revolution Retail Systems LLC (Revolution). Subject to GLORY and Revolution obtaining the necessary clearances, the ultimate ownership of Revolution will transfer to Glory Global Solutions Inc. The combined portfolio of cash automation products will form the largest and most diverse set of solutions in the industry.
Chris T Reagan, President Glory Global Solutions, Americas and Senior Executive Officer GLORY LTD. said, “We believe the clear winners in this acquisition are our customers. Our combined organizations will deliver more value and innovation to the market at a time when cash automation is critically needed to provide efficiency, connectivity and security. Revolution’s focus and success in the retail segment will enable us to immediately deliver an expanded portfolio of solutions and even greater business impact for our customers.”
Mark Levenick, President & CEO, Revolution Retail Systems LLC welcomes the opportunity this acquisition will enable saying, “We believe that this acquisition by Glory comes at the perfect time. Revolution and Glory complement each other in so many strategic and operational areas, as well as placing significant value on our people, culture and history.”