NEWBURGH, Feb. 14, 2024-- With a clientele exceeding 16,000 businesses and an annual transaction volume of $6 billion, Evolv has gained the trust of over 25 independent sales offices across the nation. Following Evolv's investment in Kansas City-based Pro1611, the latter is now in the process of transitioning to Evolv KC.
This strategic acquisition enables the combined entities to further enhance the Evolv infrastructure, bringing together two prominent distribution channels and fostering long-term growth prospects.
“With acquiring an ownership stake in Pro1611 we are excited to expand our management bench and to staff a W2 sales force. This team will be utilized to expand our Agent and Referral bank program,” said Allan Noe, CEO of Evolv. Noe also announced that Jason Bahnson and Drew Smith will serve as Managing Partners at Evolv KC LLC.
About Evolv: Since 1998, Evolv has partnered with banks, associations, and sales offices to provide top-tier payment acceptance solutions. As a multi-processor sales office, Evolv offers a robust lineup of products, including point-of-sale systems, gateways, terminals, and other payment acceptance solutions.
In 2017, Evolv expanded its offerings by investing in a growing digital marketing agency VIV, now providing additional solutions like website development, social media management, and paid advertising. With a diverse suite of business solutions, Evolv is dedicated to its motto: increasing sales, reducing costs, and mitigating risks for merchants and partners. For more information about Evolv, visit poweredbyevolv.com.
About Pro1611: Founded by Jason Bahnson and Drew Smith, Pro1611 quickly made waves in the community by prioritizing customer care and utilizing cutting-edge technology to help merchants thrive and streamline costs. Partnering with Evolv further fueled their success, leading to a natural next step: combining forces to create an even more impactful entity.
"Our partnership with Evolv has been incredibly fruitful," says Drew Smith, founder and President of Pro1611." Together, we've empowered countless Kansas City businesses with the tools and guidance they need to reach their full potential. Joining forces as Evolv KC allows us to leverage even more resources and expertise, amplifying our positive impact on the entire region."
Evolv, Inc, doing business as Evolv is a registered Independent Sales Organization of Wells Fargo Bank N.A., Concord, CA, PNC Bank, N.A. Pittsburgh, PA and Fifth Third Bank, N.A., Cincinnati, OH
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