Add-on Acquisition • Information Technology

Shift4 Acquires Shift4 Payments

On January 15, 2018, Shift4 acquired information technology company Shift4 Payments

Acquisition Context
  • This is Shift4’s 1st transaction in the Information Technology sector.
  • This is Shift4’s 1st transaction in the United States.
  • This is Shift4’s 1st transaction in Nevada.

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M&A Deal Summary

Date January 15, 2018
Target Shift4 Payments
Sector Information Technology
Buyer(s) Shift4
Deal Type Add-on Acquisition

Target Company

Shift4 Payments

Las Vegas, Nevada, United States
Shift4 Payments is an independent 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 Payments was formed in 1998 and is based in Allentown, Pennsylvania.
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Buyer Overview 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 Context for Buyer #
Overall 1 of 7
Sector: Information Technology 1 of 3
Type: Add-on Acquisition 1 of 6
State: Nevada 1 of 1
Country: United States 1 of 3
Year: 2018 1 of 1
FOLLOWING 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.

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