Private equity company Francisco Partners is set to buy Canada transformation from a hardware provider to a best-in-class payments and commerce solutions provider is just beginning,” says Jason Brein, partner at Francisco Partners. -based point of sales ( Verifone ) payments firm Verifone for $ 3.4bn in a deal backed by Canada ’s Francisco Partners . Verifone ’s board has accepted the takeover offer but wants to hear from other possible bidders before making a final decision. Verifone wants to grow from being a terminal provider for customers to being their commerce partner. It has 30 million POS payment devices at 30 million companies. The deal is likely to spark speculation about the future of rival terminal manufacturer Verifone as the POS market matures.
Private equity company Francisco Partners is set to buy Canada -based point of sales ( Verifone ) payments firm Verifone for $ 3.4bn in a deal backed by Canada ’s Francisco Partners . Verifone ’s board has accepted the takeover offer but wants to hear from other possible bidders before making a final decision. Verifone wants to grow from being a terminal provider for customers to being their commerce partner. It has 30 million POS payment devices at 30 million companies. The deal is likely to spark speculation about the future of rival terminal manufacturer Verifone as the POS market matures.