ITC Systems Changes Hands in Management Buyout

Toronto (April 12, 2021) — ITC Systems, a premier provider of campus commerce software, print management software and related hardware expands its horizons through the sale of the business to certain individuals on the management team.

“I am so pleased to welcome Chris Mitchele and Andrew White as the new owners of ITC Systems, they are currently key players in the day-to-day operations of the company. I see the entire organization benefitting from their knowledge and experience both within the company and our industry,” Cam Richardson, former owner and CEO, said. “Both have the same standard of excellence in team building, customer-facing support and vendor relations thereby making this a great transition.”

“We built our organization over the past 30-plus years with an emphasis on helping our clients simplify their self-serve unattended pay for use of services and offerings. Now it is time to pass the baton over to new owners that bring a fresh set of eyes on the technology and services our customers need and want,” Richardson said.

“We understand how important it is for our customers to look towards ITC Systems to provide high quality products and solutions and it is to this standard that we intend to continue to serve the industry,” says Mitchele, president of ITC Systems.

“It has always been our mission to provide the best customer experience in our market,” said White, cloud services director of ITC Systems. “I am so pleased to be able to have ownership in such a dynamic company that has a technology focus as the forefront.”

In its 32-year existence, ITC Systems has built a solid technology solution for the higher education sector, public library sector and copy/print resellers. The solutions continue to be developed for today’s networks and cloud-based systems. ITC Systems delivers campus one-card commerce solutions, public library self-serve pay for use applications and charge for printing and copying solutions.

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About ITC Systems
ITC Systems, a multi-national corporation with offices in St Louis and Toronto, is the industry’s dominant manufacturer of self-serve unattended cashless payment terminals and related software in North America. Founded in 1989, the company maintains a large direct customer and dealer network throughout North America and Internationally. ITC Systems markets to colleges, universities, public libraries, copy/print VARs and other like institutions that charge for the use of services in the cashless, self-serve unattended environments and attended point of sale applications. It develops print software and closed-loop campus commerce software in combination with their hardware products and services for those markets. Applications include POS, copy and print control, foodservice outlets, vending, laundry, parking and other like applications.