Paramount Acquires Cypress Advantage
Nyenta.com/10268684

LANCASTER, Pa. - Nyenta -- Paramount Management Group announced today it has partnered with Cypress Advantage, a Washington-based independent ATM service provider. The acquisition adds another 7,500 machines to the Paramount network, expanding their ATM footprint across the US, and allowing the company to offer full-service support for smaller ATM deployers.

More on Nyenta.com

• Gateless X A16z Presents: Dinner & The Studio
• OpenSSL Technical Advisory Committee Elections Now Open – Cast Your Vote
• Axiros Confirms Continued Compliance with ISO/IEC 27001:2022 After Surveillance Audit
• Rochester: 2025 Public Market Food Truck Rodeo series kicks off Wednesday with the Royal Bromleys
• Twitter's Buzzing! What's the Deal with PhotoG, the AI Everyone's Talking About?

Established in 1996 by Samantha and Michael Guthrie, Cypress has built a reputation as the "go to" partner for independent ATM deployers (IADs) in the US - offering a robust suite of products and services including equipment, parts, and processing, as well as technical and sales support.

"We are excited to join forces with Cypress and their distributors," says Paramount Senior Vice President M&A Business Development Maya Fuentes. "I have the utmost respect for the Guthrie's and the business they have built. During the past 28 years they have developed strong alliances and industry-leading tools and strategies to help their ATM deployers grow their businesses. This acquisition will benefit Cypress' IADs by providing the personalized service they are accustomed to, and access to additional products and services provided by Paramount."

"Maya has been a friend and professional colleague for decades. When we decided to sell, she was the first person I called," said Samantha. "This collaboration represents a significant step forward for our distributors – allowing them to gain additional pricing leverage, the ability and support to choose from multiple processors and enhance their profit margins by offering value-added services. I feel confident we are leaving our clients in good hands with Maya and her team at Paramount."

More on Nyenta.com

• New WHO Mental Health Guidelines Condemn Coercive Psychiatry
• Keenan's Caring Konnections, LLC
• Celebrate Children's Day in Tochigi City!
• MD Hyperbaric Expands in New York with New State-of-the-Art Facilities in Purchase and Syracuse
• Blockchains Finance Unveils Decentralized Identity Integration to Strengthen User Privacy

"We're pleased to add Cypress Advantage and their ATM operators to the Paramount family of companies," says Randall Leaman, Paramount CEO.  "This acquisition strengthens the business the Guthrie's have built by providing Cypress clients with additional access to the best products, pricing and services in the industry. Paramount intends to maintain the level of superior customer service that Cypress has been known for, while assisting IAD's with innovative business solutions."