BCI joins Francisco Partners in close of $3.4 bln buy of Verifone
Verifone Systems Inc, a U.S. payments and commerce solutions provider, said it has been acquired by an investor group led by U.S. private equity firm Francisco Partners and joined by British Columbia Investment Management Corp (BCI). The deal, announced in April and closed today, saw Verifone taken private for US$23.04 per share in cash, representing a total consideration of about US$3.4 billion, including net debt. Going forward, the San Jose, California-based company will be led by CEO Mike Pulli.
20 August 2018•3 mins read
