Shift4 Acquires Majority Stake in Vectron Systems AG and Completes Acquisition of Revel Systems
June 14, 2024
Shift4 has acquired a majority stake in German POS supplier Vectron Systems AG, giving it access to ~65,000 POS locations across Europe and a network of ~300 POS resellers. The company also completed its previously announced acquisition of Revel Systems, adding ~18,000 merchant locations and expanding Shift4's integrated payments and POS footprint globally.
- Buyers
- Shift4
- Targets
- Vectron Systems AG, Revel Systems
- Industry
- Payments & Fintech
- Location
- North Rhine-Westphalia, Germany
- Transaction Type
- Buyout
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