PayLens /Companies

Verifone

Terminal manufacturer

USUSFounded 1981Manufactures in-house
Revenue
$1.9Bnet (FY2017) · as of FY2017
Employees
~5,600
Headquarters
Coral Springs, Florida, US

What it does

Terminal maker selling devices with fleet-management software, gateway and processing to banks, processors and large retailers, and directly to merchants in the Nordics through the former Point business.

Ownership

Owned by
Francisco Partners

Deals

  • Apr 2018·acquired by Francisco Partners — $23.04/share cash; investor group led by Francisco Partners with British Columbia Investment Management (BCI)
  • May 2016·acquired Panaroma Bilisim Teknolojileri Sanayi Ve Ticaret A.S. — Verifone bought 51% of the voting equity of Panaroma, a Turkey-based provider of new generation cash registers, on 20 May 2016 for about $6.8 million in cash plus contingent consideration valued at $3.6 million. The holder of the remaining 49% received a put option exercisable for three years after 1 January 2020.
  • Nov 2015·acquired Verifone Payments — Verifone signed a share purchase agreement on 6 Nov 2015 to buy all outstanding shares of InterCard AG, which it described as a leading Payment-as-a-Service provider in Germany, for about EUR 85.0m. The deal closed on 23 Dec 2015 with EUR 85.0m paid in cash and a further EUR 1.2m due later.
9deployments at tracked providers
Where its hardware runs
2tracked executives
Who runs it

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