M&A Deal Summary

Shift4 Acquires Givex

On November 8, 2024, Shift4 acquired internet software and services company Givex for 200M CAD

Acquisition Highlights
  • This is Shift4’s 1st transaction in the Internet Software and Services sector.
  • This is Shift4’s 2nd largest (disclosed) transaction.
  • This is Shift4’s 1st transaction in Canada.
  • This is Shift4’s 1st transaction in Ontario.

M&A Deal Summary

Date 2024-11-08
Target Givex
Sector Internet Software and Services
Buyer(s) Shift4
Deal Type Add-on Acquisition
Deal Value 200M CAD

Target

Givex

Toronto, Ontario, Canada
Givex is a provider of cloud-based operations management solutions designed to streamline business efficiencies and generate valuable and actionable customer data. Givex was founded in 1999 and is based in Toronto, Ontario.

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Buyer(S) 1

Buyer

Shift4

Center Valley, Pennsylvania, United States

Category Company
Founded 1999
Sector Information Technology
Employees4,000
Revenue 3.3B USD (2024)
DESCRIPTION

Shift4 is a provider of secure payment processing solutions, powering the top point-of-sale and software providers across numerous verticals, including Food & Beverage, Hospitality, Lodging, Gaming, Retail, and e-Commerce. This includes the company’s Harbortouch, Restaurant Manager, POSitouch, and Future POS brands, as well as over 300 additional software integrations in virtually every industry. With eight offices across the U.S. and Europe, 7,000 sales partners, and three state-of-the-art data centers, the company securely processes over 1 billion transactions annually for nearly 200,000 businesses, representing over $100 billion in payments each year. Shift4 was formed in 1999 and is based in Center Valley, Pennsylvania.


DEAL STATS #
Overall 4 of 7
Sector: Internet Software and Services M&A 1 of 1
Type: Add-on Acquisition M&A Deals 4 of 6
State: Ontario M&A 1 of 1
Country: Canada M&A 1 of 1
Year: 2024 M&A 3 of 3
Size (of disclosed) 2 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2024-06-14 Vectron

Münster, Germany

Vectronis a provider of point-of-sale (POS) systems to the restaurant and hospitality verticals. Vectron was formed in 1990 and is headquartered in Münster, Germany.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2025-02-18 Global Blue

Signy-Avenex, Switzerland

Global Blue is an international provider of travel-related financial services. The company offers a seamless shopping and payment journey for tourists. Also, it provides a wide range of added-value payment solutions for all the stakeholders involved, including retailers and international shoppers. Global Blue was founded in 1980 and is based in Signy-Avenex, Switzerland.

Buy $2.5B