VeriFone Systems Mergers and Acquisitions Summary

Information Technology Company

VeriFone Systems has acquired 10 companies of its own, including 1 in the last 5 years. A total of 3 acquisitions came from private equity firms. It has also divested 4 assets.

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

Join Mergr and gain access to VeriFone Systems’ M&A summary, the M&A summaries of companies just like it, as well as recent M&A activity in the information technology sector.

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 6

VeriFone Systems, Inc.

88 West Plumeria Drive,
San Jose, California 95134
United States,
(408) 232-7800
www.verifone.com

VeriFone Systems, Inc. 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 Systems, Inc. is headquartered in San Jose, California.


M&A Summary

Buy vs Sell

Year ≤ '16 '17 '18 '19 '20 '21 T
Buy (0.0/yr) # 10 - - - - - 10
vol $2.2B $2.2B
Sell (0.6/yr) # 1 1 2 - - - 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
Credit Suisse Investment Banking
1
KPMG Corporate Finance LLC
1
J.P. Morgan Securities LLC
1
Legal Deals
Sullivan & Cromwell LLP
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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