Payment processor Elavon Inc. on Jan. 8 has acquired CenPOS LLC, a payment software solutions provider.
Financial terms of the deal were not disclosed.
CenPOS focuses on three industry verticals, namely automotive, travel and entertainment, and general business-to-business transactions. The deal will help Elavon improve its digital capabilities by integrating payments into CenPOS' software.
Elavon is a unit of U.S. Bancorp.