US-based Diebold Incorporated has sold Diebold ERAS, Inc. to CheckAlt, LLC. Financial details of this transaction have not been provided.
Diebold ERAS is a leading provider of Check 21, compliant image-based check processing and remittance services to regional and community-based financial institutions throughout North America.
CheckAlt, LLC, based out of Los Angeles, provides a suite of payment and item processing solutions for financial institutions and merchants.
Diebold Incorporated, founded in 1859, is a global leader in providing innovative self-service technology, security systems and related services.
Oaklins' team in Cleveland served as the exclusive advisor to the seller in this transaction.
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