St. Louis ISO makes Capital Investment in 253 Payment Pros

August 31, 2022

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St. Louis, MO; Kirkland, WA; 2022 – Evolv, St. Louis, a regional office of Evolv, Inc. announced the completion of a capital investment in 253 Payment Pros of Seattle, WA.


Joe Oglesby, president of Evolv, St. Louis and Partner of Evolv, Inc. stated the impact of this announcement, as it “signified another important step in creating strategic relationships in 2022 and growth in 2023.”


“Our industry is in transition,” said Oglesby, “and with a strong capital partner, Evolv has acquired more than a dozen ISO’s in need of growth capital or an exit strategy. 253 Payment Pros has a solid merchant base and independent sales network throughout the western United States. Our unique suite of digital marketing solutions fits well within their existing sales channels and merchants, which will provide revenue growth for the current merchant base, as well as opportunities for new merchants.”


The acquisition of 253 Payment Pros includes the existing merchant base and Evolv welcomed 253 Payment Pros as a new Shared Services Partner, 253 Payment Pros will continue to grow under the leadership of Jake Sharp, this transaction was brokered by 733 Park.

 

Since 2018, Evolv has made fourteen acquisitions and capital investments. Evolv is a registered ISO of Fiserv/First Data, FIS/Worldpay and Global/TSYS. In addition to offering a full suite of merchant services, Evolv also offers a range of digital marketing solutions. For over 24 years, Evolv has been committed to serving independent businesses nationwide. For more information about Evolv, please visit poweredbyevolv.com.


733Park is a boutique M&A firm specializing in payments, fintech and SaaS mergers and acquisitions, deal sourcing, and advisory services. For more information about 733 Park, please visit 733park.com

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