The Utah-based payments processing company eGlobal has acquired the assets of The Best There Is Inc., a provider of ATM services in Boca Raton, Fla.

The two companies have previously worked together on contracts for hospitality clients. They did not disclose the price of the deal, which closed on May 5.

"Bringing these contracts into a direct relationship with eGlobal makes a lot of sense to us and our clients," says Melanie Orozco, general manager and executive vice president of eGlobal, in a May 9 press release.

EGlobal is a unit of Grant Victor LLC.