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Francisco Partners acquires VeriFone Systems Inc

An investor group led by private equity firm Francisco Partners, and including British Columbia Investment Management Corporation has acquired VeriFone Systems, Inc., PE Hub reported. According to terms of the deal, VeriFone stockholders received $23.04 per share in cash. VeriFone Systems is a provider of payments and commerce solutions at the point of sale (POS) worldwide. It offers countertop solutions that accept payment options, including contactless, NFC, mobile wallets, and EMV; PIN pads that support credit and debit card, EBT, EMV, and other PIN-based transactions; and multilane consumer facing commerce devices.


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