Pittsburgh, PA – October 4, 2017 – Pineapple Payments, a full-service provider of omni-channel payment processing technology solutions, today announced that it has finalized the acquisition of AZM Processing, a full-service provider of merchant services and payment processing solutions. This acquisition continues Pineapple Payments’ expansion and growth of their national sales force. AZM Processing provides personalized merchant services for all payment processing aspects to businesses in the regional area. Terms were not disclosed.
Pineapple Payments brings versatile payment enablement technology and payment concierge services to merchants of all sizes in an ever-changing payment processing landscape. Pineapple targets B2B, B2G, and Integrated Software Vendors (ISV).
Pineapple Payments is led by CEO Brian Shanahan. Shanahan brings a strong payments pedigree to Pineapple, having spent 26 years in payments, building and exiting three different payments companies to NASDAQ as publicly traded companies, and founding a fourth in publicly-traded payments technology company CardConnect (acquired by First Data). He and his team are focused on delivering unique, integrated payment solutions to companies of all sizes with innovative technology and uncommon dedication to customer support.
Shanahan is supported by President Jon Halpern, who brings expertise in overall business and sales strategy as well as extensive entrepreneurship experience including work with SafePlace, AthleteTrax, and Innovation Works. Chief Financial Officer Jeremy Kaylor provides a breadth of financial and strategic experience both inside and outside of payments through his experience working at Goldman Sachs, DonorPro and PCG Capital. Chief Technology Officer Brian Gross has a proven track record developing and bringing payments focused technology to market, specifically through his work with AthleteTrax.
“We are excited to partner with AZM because of their proven track record of developing a loyal client base with a strong focus on customer experience in everything they do,” said Jon Halpern, President. The AZM team brings over twelve years of experience in merchant services.
“Partnering with Pineapple will allow us to provide our customers access to a much larger platform as well as new value-added solutions while maintaining the personal service they receive by the AZM team,” said AZM co-owner Matt Mancine. “Additionally, we are excited to grow with the Pineapple Payments team over the coming years,” Mancine added.
ABOUT PINEAPPLE PAYMENTS
Pineapple Payments is a Pittsburgh, PA based payment processing technology company that provides omni-channel payment acceptance tools for merchants of all shapes and sizes, from startups to large scale enterprises. From its innovative technology solutions to its proactive customer success team, Pineapple truly takes a fresh approach to payment processing. For more information about Pineapple Payments, please visit www.pineapplepayments.com.
ABOUT AZM PROCESSING
AZM Processing is a Pittsburgh, PA based payment processing company that provides personalized merchant services solutions businesses of all sizes. AZM is built on viewing payment processing as a joint venture with their clients, with a focus on providing personalized customer service, cost-saving options, and the newest technology. For more information about AZM Processing, please visit www.azmprocessing.com.