Shift4, the leader in integrated payments and commerce technology, has acquired a majority stake in Vectron Systems AG, providing access to around 65,000 point-of-sale (POS) locations across Europe. Additionally, it has completed the acquisition of Revel Systems, which adds over 18,000 merchant locations and an estimated $17 billion payment opportunity. The Vectron acquisition will enable Shift4 to integrate its payment services into Vectron’s existing products and expand its distribution network through 300 POS resellers. These strategic moves are designed to enhance Shift4’s market presence in Europe and leverage local expertise to meet the growing demand for integrated payment solutions.
Shift4 Acquires Majority Stake of German Point-of-Sale Company Vectron Systems AG and Completes Previously Announced Acquisition of Revel Systems