VeriFone - M&A Summary, Ownership, and Business Overview

Information TechnologyCompany

VeriFone M&A Summary

VeriFone has acquired 10 companies of its own. A total of 3 acquisitions came from private equity firms. It has also divested 4 assets.

VeriFone’s largest acquisition to date was in 2011, when it acquired Point Transaction Systems AB for $868M. VeriFone has acquired in 4 different US states, and 7 countries. The Company’s most targeted sectors include technology hardware (30%) and information technology (20%).

VeriFone Ownership

Who owns VeriFone?

VeriFone is owned by Francisco Partners. It was acquired on April 9, 2018.

Is VeriFone PE-backed?

Yes. VeriFone is owned by private equity investor Francisco Partners.

Was VeriFone formerly PE-backed?

Yes. VeriFone was formerly owned by 4 private investors.

VeriFone Business Overview

Where is VeriFone headquartered?

VeriFone is headquartered in New York, New York.

What is VeriFone’s revenue?

VeriFone disclosed revenue of 2,000M USD for 2015 and 1,868M USD for 2014.

How many employees does VeriFone have?

VeriFone has 5,400 employees.

What sector is VeriFone in?

VeriFone is an information technology company.

M&A Summary

  • M&A Total Activity14
    • M&A Buy Activity10
    • M&A Sell Activity4
  • Total Sectors Invested 6
  • Total Countries Invested 7
  • M&A Buy/Sell Connections 7
  • M&A Advisors 7

VeriFone

VeriFone Systems, Inc.

New York, New York
United States,
www.verifone.com

VeriFone is a provider of secure electronic payment technologies. VeriFone provides solutions, services, and expertise that enable electronic payments. The Company's products and services include mobile, countertop and self-service payment devices, software, and web-based gateways. VeriFone is headquartered in New York, New York.


M&A Summary

Buy vs Sell

Year ≤ '19 '20 '21 '22 '23 '24 T
Buy (0.0/yr) # 10 - - - - - 10
vol $2.2B $2.2B
Sell (0.0/yr) # 4 - - - - - 4
  14

Most Recent M&A

Company Date Value Type
Curb Mobility LLC 2018-02-01 - Spin Off
Long Island City, New York · www.gocurb.com
DoubleBeam, Inc. 2018-02-01 - Divestiture
San Marino, California · www.doublebeam.com
VeriFone Systems, Inc. - LIFT Network 2017-03-27 - Divestiture
San Jose, California
AJB Software, Inc. 2016-01-15 - Add-on Acquisition
Mississauga, Ontario · www.ajbsoftware.com
InterCard AG 2015-11-09 - Add-on Acquisition
Taufkichen, Germany · www.intercard.de
Global Bay Mobile Technologies, Inc. 2014-08-12 - Divestiture
South Plainfield, New Jersey · www.globalbay.com
Point Transaction Systems AB 2011-11-14 868M EUR Add-on Acquisition
Stockholm, Sweden · www.point.se
Global Bay Mobile Technologies, Inc. 2011-11-01 - Add-on Acquisition
South Plainfield, New Jersey · www.globalbay.com
Destiny Electronic Commerce Pty. Ltd. 2011-05-24 - Add-on Acquisition
Johannesburg, South Africa
Hypercom Corp. 2010-09-27 485M USD Add-on Acquisition
Scottsdale, Arizona · www.hypercom.com
View All >>

M&A by Sector

Sector Buy # Value Sell # Value
Technology Hardware 3 (30%) 485M (22%) 1 (25%) -
Internet Software and Services 1 (10%) - 2 (50%) -
Financial Services 2 (20%) 868M (40%) - -
Information Technology 2 (20%) - - -
Software 1 (10%) 15M (1%) 1 (25%) -
Electronics 1 (10%) 793M (37%) - -
Total 10 $2.2B 4 -

By Geo

State/Country Buy Value Sell Value
United States 4 500M 4 -
  New York 1 - 1 -
  New Jersey 1 - 1 -
  California - - 2 -
  Georgia 1 15M - -
  Arizona 1 485M - -
Canada 1 - - -
  Ontario 1 - - -
Germany 1 - - -
Israel 1 793M - -
Norway 1 - - -
South Africa 1 - - -
Sweden 1 868M - -
Domestic 4 (40%) 500M (23%) 4 (100%) -
Cross-border 6 (60%) 1.7B (77%) - -
Total 10 $2.2B 4 -

Top M&A Advisors

Financial Deals
Lehman Brothers, Inc.
1
Credit Suisse Investment Banking
1
Financial Technology Partners - FT Partners
1
Legal Deals
Sullivan & Cromwell
2
Gernandt & Danielsson Advokatbyra KB
1

Deal Values

buy # Total
$100M to $1B 3 $2.1B
< $100M 1 $15M
TOTAL $2.2B
Largest Point Transaction Systems AB
$868M (2011-11-14)

M&A Connections

Deals
Acquired from
Investor(s)
30%
3 (30%)
Divested to
Strategic(s)
75%
3 (75%)

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