Givex, a cloud-based customer engagement solution provider, has announced the acquisition of Pi Cash Systeme, a Switzerland-based provider of point of sale systems, automatic coin changers and badge loading terminals.

For over two decades, Pi Cash Systeme has been providing secure and user-friendly payment solutions for hotels, restaurants and retailers.

Under the deal, Pi Cash Systeme will be renamed as Givex Europe and will continue providing services to its base of 2,000 clients while supporting Givex installations in Europe.

Givex CEO Don Gray said: “Europe was the first market we expanded to outside of North America, with the opening of our UK office in 2004.

“With this new Givex Europe office, we look forward to further supporting our regional clients while strengthening our presence in France, Germany, Spain and Italy. Pi Cash Systeme also brings new technology and integration expertise which will be invaluable to our future growth.”

Givex Europe managing director Frédéric Gonsard said: “Pi Cash Systeme is pleased to join the Givex family. Givex shares our approach of developing solutions in-house to meet changing customer needs.

“With this acquisition, we look forward to offering new products such as handheld tablet POS, online ordering, gift cards and loyalty programs. More and more businesses are turning to these technology solutions to deal with their current challenges. Clients can expect the same high level of service they’ve always received from our team and we look forward to serving them into the future.”