St. Louis ISO Acquires Cleargate
St. Louis, MO; Reno, NV; 2022 – Evolv, St. Louis, a regional office of Evolv, Inc. announced the completion of the acquisition of ClearChoice Merchant Services, LLC DBA ClearGate of Reno, NV.
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. Cleargate has a solid merchant base and independent software vendor network throughout the western United States. Our unique suite of digital marketing solutions fits well within their existing referral partner network and merchant base, which will provide revenue growth for Evolv through the current merchant base, as well as opportunities for new merchants.”
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.
