Benzinga | Nov 17, 2021 01:51PM EST

Shift4 Payments Clarifies It Is Not Pursing Acquisition Of EVO Payments

In response to media reports regarding a potential acquisition of EVO Payments, Shift4 would like to clarify that it is not pursuing one at this time. While Shift4 has tremendous respect for the EVO team given their mutual 20+ year history in the industry, Shift4's current M&A priorities are focused on supporting our exciting new growth verticals announced at the November 10th Investor Day.

Shift4 CEO Jared Isaacman states, "Deploying capital to fulfill the demand generated by these signature wins best positions us to continue our industry-leading growth and maximize long-term shareholder value."