Hypercom UK and Spain Acquired by Spire Payments
SALISBURY, United Kingdom & MADRID--(BUSINESS WIRE)--KleinPartners Capital Corp, a private investment company, announced today that it has acquired Hypercom Spain S.A. and Hypercom UK, with Kazem Aminaee, the former President of Hypercom Europe, Middle East, and Africa.
“We are a new European player in the electronic payments sector, and we are dedicated to delivering innovation and secure, long term growth.”
Mr Aminaee has been appointed President of the new company, which is now called Spire Payments, and leads a business with an estimated base of 650,000 payment devices. The Company will retain all of its Spanish and UK management teams as well as nearly 200 staff and existing premises. The new business has the exclusive sale rights to Hypercom’s range of Optimum and Artema Modular products in the UK and Spain.
Greg Klein, Chairman of KleinPartners, shared, “We are a new European player in the electronic payments sector, and we are dedicated to delivering innovation and secure, long term growth.”
Dave Millener and Jose Maria Romero have been appointed to the positions of Managing Director, UK and Managing Director, Spain respectively. Commenting on the announcement Mr Millener commented, “It’s good news for the UK and Spanish markets and for our longstanding customers and partners. Spire Payments will provide a real and independent alternative to other payment device vendors, with reliable products and experienced and trusted teams providing the same quality of support and service that our customers have come to expect from us.”
Spire Payments intends to harness its unique position as an experienced, independent supplier of payment solutions to further consolidate its position in the Spanish and UK markets.
Kazem Aminaee is excited at the prospects for the company: “I’m delighted to be growing Spire Payments with the entire UK and Spanish leadership teams on board. It’s an exciting time for the payments industry and I believe that buyers of payment solutions in UK and Spain will be pleased to see the emergence of Spire Payments, a terminal vendor they know they can trust. I’m committed to ensuring that our existing and future customers continue to receive the very best products, service and support as well as our new and competitive solutions in the future.”
About Spire Payments
Spire Payments is an independent provider of point of sale hardware and software solutions and is one of the original pioneers of secure electronic payment systems, delivering real customer value and secure protection. The company supplies a comprehensive range of fixed, portable and mobile payment terminals, as well as PIN pads and unattended devices for integration with cash register systems and self-service kiosks. With offices in Spain and UK, and some of Europe’s top financial and retail organisations among its customers, Spire Payments has been at the forefront of electronic payments for the past 30 years. The company is committed to providing best-in-class products and services incorporating the highest levels of security at a competitive total cost of ownership. (www.spirepayments.com)
About KleinPartners
KleinPartners is a lower middle market private investment firm, founded in 1999, with the proven resources to grow companies in dynamic market sectors. The firm’s core strength is building scalable, niche market leaders. KleinPartners investments are focused in the technology, service, and manufacturing sectors. (www.kleinpartners.com)
Contacts
Spire Payments
Penny Mansergh, +44 1722 332255
Penny Mansergh, +44 1722 332255
