M&A Deal Summary

Shift4 Payments Acquires Finaro

On March 1, 2022, Shift4 Payments acquired financial services company Finaro from FTV Capital

Acquisition Highlights
  • This is Shift4 Payments’ 2nd transaction in the Financial Services sector.
  • This is Shift4 Payments’ 1st transaction in Israel.

M&A Deal Summary

Date 2022-03-01
Target Finaro
Sector Financial Services
Buyer(s) Shift4 Payments
Sellers(s) FTV Capital
Deal Type Add-on Acquisition

Target

Finaro

Herzliya, Israel
Finaro is a cross-border payment provider empowering international commerce through brilliantly simple payments. Finarowas founded in 2007 and is based in Herzliya, Israel.

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Buyer(S) 1

Buyer

Shift4 Payments

Las Vegas, Nevada, United States

Category Company
Founded 1998
Sector Information Technology
DESCRIPTION

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.


DEAL STATS #
Overall 8 of 8
Sector: Financial Services M&A 2 of 2
Type: Add-on Acquisition M&A Deals 8 of 8
Country: Israel M&A 1 of 1
Year: 2022 M&A 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2022-03-01 The Giving Block

Washington, District of Columbia, United States

The Giving Block makes Bitcoin and other cryptocurrency fundraising easy for nonprofits. Empowering mission-driven organizations, charities, universities, and faith-based organizations of all sizes to leverage crypto technology to achieve their mission. The Giving Block was founded in 2018 and is based in Washington, District of Columbia.

Buy -

Seller(S) 1

SELLER

FTV Capital

San Francisco, California, United States

Investor Investor Investor Investor Investor


Category Growth Capital Firm
Founded 1998
PE ASSETS 6.2B USD
Size Large
Type Sector Agnostic
DESCRIPTION

FTV Capital is a multi-stage private equity firm focused on providing capital to high-growth companies. FTV generally seeks to invest in software, business services, and financial services companies which enable financial institutions to expand and to operate more efficiently. Investment proceeds are typically used to fund rapid organic growth, provide shareholder liquidity, pursue add-on acquisitions, or acquire divestitures. FTV prefers to act as the lead or control investor and targets equity commitments of $10 to $85 million per transaction. FTV Capital was established in 1998 and was formerly known as FTVentures. FTV Capital is based in San Francisco with an additional office in New York City.


DEAL STATS #
Overall 53 of 62
Sector: Financial Services M&A 10 of 12
Type: Add-on Acquisition M&A Deals 34 of 38
Country: Israel M&A 1 of 1
Year: 2022 M&A 2 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2022-02-14 RapidRatings

New York, New York, United States

RapidRatings is a risk management analytics provider used to understand the financial health of third parties, including suppliers, customers, underwriting counterparties, borrowers, and investors. RapidRatings was founded in 2001 and is based in New York City.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2022-03-30 Centaur Fund Services

Dublin, Ireland

Centaur Fund Services is a provider of fund administration services for alternative investment funds, including hedge funds, private equity, venture capital, credit and real estate funds, family offices, and insurance-linked securities funds. Centaur Fund Services was founded in 2009 and is based in Dublin, Ireland.

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