Financial Services

Verifone

Francisco Partners took Verifone, the world's largest point-of-sale terminal manufacturer, private for $3.4B in 2018. Verifone processes 70%+ of U.S. card payments. Post-acquisition the company has pursued aggressive software-as-a-service transition, raising costs for merchants.

FOUNDED
1981
ACQUIRED
Francisco Partners, 2018, $3.4B

Editorial Record

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Timeline

1981

Verifone founded

2018

Acquired by Francisco Partners for $3.4B

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