Shift4 Payments (FOUR) acquires Smartpay Holdings for $183 million, expanding international footprint and market share

From Yahoo Finance: 2025-06-29 21:53:00

Shift4 Payments, Inc. (FOUR) announced the acquisition of Smartpay Holdings for $183 million, offering a 47% premium over Smartpay’s 90-day average. The deal aims to expand FOUR’s international footprint and integrate Smartpay’s market share and POS technology into its growth strategy. FOUR provides omnichannel card processing and cloud-based tools like SkyTab POS and Lighthouse.

The acquisition of Smartpay Holdings by Shift4 Payments, Inc. (FOUR) for $183 million was announced on June 24, 2025. The agreement values Smartpay at $0.74 per share in cash, representing a 47% premium over its 90-day average. The deal has the support of Smartpay’s board and a 13.3% stakeholder, Microequities Asset Management.

Shift4 Payments, Inc. (FOUR) is expected to leverage the acquisition of Smartpay Holdings to enhance its presence in the Australasia SME payments sector and integrate Smartpay’s POS technology into its broader growth strategy. FOUR offers end-to-end commerce solutions, including omnichannel card processing, mobile wallets, and cloud-based tools like SkyTab POS and Lighthouse.

Read more: Shift4 Payments, Inc. (FOUR) to Acquire Smartpay Holdings for $183 Million