M&A Deal Summary |
|
|---|---|
| Date | 2024-06-14 |
| Target | Revel Systems |
| Sector | Business Services |
| Buyer(s) | Shift4 |
| Sellers(s) | Welsh Carson Anderson & Stowe |
| Deal Type | Add-on Acquisition |
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| Category | Company |
|---|---|
| Founded | 1999 |
| Sector | Information Technology |
| Employees | 3,030 |
| Revenue | 2.6B USD (2023) |
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 | 3 of 3 |
| Sector (Business Services) | 1 of 1 |
| Type (Add-on Acquisition) | 3 of 3 |
| State (California) | 1 of 1 |
| Country (United States) | 2 of 2 |
| Year (2024) | 2 of 2 |
| 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 | - |
| Category | Private Equity Firm |
|---|---|
| Founded | 1979 |
| PE ASSETS | 31.0B USD |
| Size | Mega |
| Type | Sector Focused |
Welsh Carson Anderson & Stowe (WCAS) is a mega-sized, specialist private equity firm focused on investments in growth-oriented companies operating within the healthcare and technology/tech-enabled services industries. WCAS will consider small and large transactions; including venture investments, growth equity investments, buy-and-build transactions, public-to-private acquisitions, and corporate carve-outs. The Firm prefers control situations and generally seeks opportunities in the US. Welsh Carson Anderson & Stowe was formed in 1979 and is based in New York City.
| DEAL STATS | # |
|---|---|
| Overall | 75 of 75 |
| Sector (Business Services) | 9 of 9 |
| Type (Add-on Acquisition) | 44 of 44 |
| State (California) | 6 of 6 |
| Country (United States) | 72 of 72 |
| Year (2024) | 2 of 2 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2024-04-02 |
Avetta
Lehi, Utah, United States Avetta is a provider of a cloud-based supply chain risk management platform. Avetta connects global organizations across several industries including oil/gas, telecom, construction materials, facilities management, and many others, with qualified and vetted suppliers, contractors, and vendors. Avetta was founded in 2003 and is based in Lehi, Utah. |
Sell | - |
