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Shift4 completed the acquisition of Revel Systems for $250m.

Synopsis

Shift4, an integrated payments and commerce technology company, completed the acquisition of Revel Systems, an open cloud order management platform for restaurant and retail brands, for $250m. “Revel was an organization that intentionally overlooked payments for a very long time. So instantly, you have the ability to pursue existing customers switching over to payments. You don't need two restaurant products. You're going to take the best capabilities out of Revel for QSR and enterprise and bring them over into SkyTab,” Jared Isaacman ,Shift4 Founder and CEO.

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