Francisco Partners acquired Verifone for $3.4bn.

Verifone Systems, Inc., a world leader in payment and commerce solutions, and Francisco Partners, a leading technology-focused private equity firm, announced that they have entered into a definitive agreement under which an investor group led by Francisco Partners and including British Columbia Investment Management Corporation will acquire Verifone for $23.04 per share in cash, representing a total consideration of approximately $3.4 billion, which includes Verifone’s net debt.