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New Deal


Announced

Completed

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

Financials

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Transaction Value£141m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales3.1x
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Cross Border

Private Equity

Friendly

Completed

Acquisition

Single Bidder

payment processing

Payments / Commerce

United States

Majority

Private

Disposal

Synopsis

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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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