NASHVILLE, Tenn.–(Enterprise WIRE)–Jan 18, 2022–
Celero Commerce (“Celero”), a major 10 non-lender payment processor, today announced the acquisition of OMEGA Engineering (“OMEGA”) a leading provider of electronic transaction processing. With the addition of Kentucky-primarily based OMEGA, Celero will provide more than 50,000 retailers processing roughly $20 billion in once-a-year card volume.
Launched in 2003, OMEGA provides electronic payments answers, company analytics, and software package solutions for little organizations and money establishments nationwide. The acquisition of OMEGA is Celero’s 2nd in the past month and the company’s eighth due to the fact its start in late 2018.
“OMEGA and Celero share a frequent tradition and push to make our economic establishments and tiny business shoppers productive,” said Todd McHugh, President and CEO of OMEGA. “Joining forces with Celero suggests that we can supply larger value for all stakeholders as a result of engineering, monetary sources, and human funds.”
“Celero proceeds to establish the premier engineering-focused, commerce alternatives presenting for small and medium-sized corporations and money institution partners,” mentioned Kevin Jones, Founder and CEO of Celero Commerce. “OMEGA’s technologies-centered solution to serving its clients aligns with our tactic at Celero and we are fired up to welcome the fantastic OMEGA workforce to our escalating Celero spouse and children.”
About Celero Commerce
Headquartered in Nashville, Celero Commerce is a entire-support, integrated electronic commerce options supplier run by leading edge technologies, strategic partnerships, and organization intelligence. Celero provides payment processing expert services, small business management program, and information intelligence to smaller and medium-sized corporations, empowering them to push progress and profitability.
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PUB: 01/18/2022 05:00 PM/DISC: 01/18/2022 05:02 PM
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