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Verifone completed the acquisition of 2Checkout from Francisco Partners for $191m.

Synopsis

Verifone, a designer, and marketer of electronic payment solutions, completed the acquisition of 2Checkout, a all-in-one monetization platform, from Francisco Partners, a private equity firm, for $191m. "Both 2Checkout and Verifone share a vision to simplify modern commerce and enable frictionless experiences. More than 14 years ago, 2Checkout embarked on a journey to transform the digital buying and subscribing experience across the globe for companies of all sizes,” he wrote, adding that the company had “helped thousands of clients grow their businesses globally," Erich Litch, 2Checkout President and COO.

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