Payroc Acquires Gateway Payments, LLC
February 28, 2020
Payroc, a Tinley Park-based merchant acquirer and payment processor, has acquired the assets and operations of Gateway Payments, LLC, an independent sales organization based in Destin, Florida. The deal (closed Feb. 28) brings Gateway Payments' sales personnel and merchant portfolio in Gulf Coast markets into Payroc's merchant acquiring platform to accelerate regional growth.
- Buyers
- Payroc, LLC
- Targets
- Gateway Payments, LLC
- Industry
- Payments & Fintech
- Location
- Florida, United States
- Transaction Type
- Buyout
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