Dover Fueling Solutions acquires POS provider Bulloch Technologies
Dover Fueling Solutions (DFS) announced that it has completed the acquisition of Bulloch Technologies, Inc., a provider of point-of-sale (POS), forecourt controller, and electronic payment server solutions to the convenience retail industry for $150 million.
Bulloch will become part of the DFS operating unit within Dover's Clean Energy and Fueling segment.
Headquartered in Toronto, Ontario, Bulloch serves many of the largest retailers in Canada. The company processes over $35 billion in sales and 520 million transactions annually at 7,000 sites throughout the country.
POS solutions serve as the central hub enabling commercial and operational functions in fuel and convenience retail stores, and control forecourt peripherals such as dispensers. By integrating Bulloch’s POS technology into DFS Anthem UX platform on the Wayne Ovation fuel dispensers, convenience store operators, according to DFS, will benefit from:
Operational efficiency: The integration simplifies daily processes, reduces complexity, and improves overall efficiency by removing the need for a third-party vendor.
Accelerated technology implementation: With all services consolidated to one company, c-store owners can expect a more controlled and expedited implementation of updates and innovations to keep pace with market demands.
Improved user experience: The integration will make it a smoother consumer experience with optimized efficiency at every touchpoint. Consumers will benefit from seamless transactions, innovative loyalty programs and speed of use at the pump.
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“We are excited to welcome Bulloch Technologies to the DFS family, a strategic move that enables us to provide our convenience store customers with a comprehensive POS solution spanning both the forecourt and in-store operations,” says David Crouse, president at DFS. “By joining forces, we’re not only enhancing our technological capabilities, but also reinforcing our commitment to innovation, customer satisfaction and long-term growth. We look forward to the continued success and growth that this partnership will bring to both organizations.”
“By enhancing our POS solutions offering in North America, we are not only streamlining our processes but also solidifying our position as leaders in product and innovation in the retail and fueling industry,” adds Kendra Keller, vice-president and general manager, North America, at DFS. “This acquisition will allow customers to simplify operations, accelerate technology implementations and enhance overall user experience. We look forward to offering our customers this end-to-end solution in 2024.”
“From ensuring secure and streamlined transactions to offering integrated loyalty programs and analytics-driven insights, POS systems are essential for the success of convenience store businesses,” says Lorne Cam, managing partner at Bulloch. “As part of DFS, we’ll provide North American convenience retailers in both the U.S. and Canada efficient, feature-rich and dependable end-to-end POS integration across the forecourt and in-store.”
