ATLANTA-PRE Solutions has purchased the assets of GTS Prepaid, strengthening PRE Solutions’ position as a provider of prepaid transaction-processing solutions, the company said.
“Acquisitions such as this enable PRE Solutions to continue providing the most expansive product suite in the industry to an even broader base of retailers,” said Harry J. Galletly, PRE Solutions’ president and chief executive officer.
With the acquisition, PRE Solutions gains 4,000 additional customer locations, bringing its total number of locations to more than 50,000. The company’s solutions are available through retail outlets in the convenience store, check cashing, wireless agent, grocery, drug store and discount retail industries throughout the United States and Puerto Rico.
