The deal is valued at USD 180 million or USD 0.71 per share, which marks a 46.5% premium over the 90-day Volume Weighted Average Price (VWAP). This acquisition is anticipated to be completed in Q4 of 2025 subject to regulatory approval.
Shift4’s Recent Moves
Shift4 aims to strengthen its foothold in Australia and New Zealand through this move. By integrating Smartpay’s distribution network with its own suite of software and payment solutions, the company plans to expand its market presence significantly. Key products include SkyYab POS for restaurants, SkyTab Venue for arenas and stadiums, and an end-to-end payment solution for hotels.
This strategy aligns with Shift4’s approach in other markets like the UK, Germany, and Ireland, where it has similarly expanded by acquiring local providers to enhance its regional presence and services.
Integration Plans
With this acquisition, Shift4 seeks to consolidate its payment infrastructure while leveraging Smartpay’s established distribution network. The integration is expected to boost transaction volumes and open new market opportunities through the combined services of Shift4 and Global Blue (mentioned in a separate tender offer).
Both companies aim to position themselves as global leaders in unified commerce solutions.