The US-based payments specialist Shift4, a publicly-traded global leader in commerce technology solutions, has acquired Online Payments Group, which operates the online payments platform SecurionPay.
Founded in 2014 in Wollerau, SecurionPay is a mobile payment provider based in Switzerland. Shift4 paid a total of $125.9 million, including cash, shares and possible contingent payments.
In addition to boosting its international expansion plans, the acquisition enables Shift4 to offer e-commerce merchants in the U.S. and Europe online checkout via an easy integration capability and gives the company the means to process payments in Europe.
Advestra has acted as Swiss legal counsel to Shift4 in this transaction. The team included partner Beda Kaufmann (pictured), partner Daniel Raun, partner Sandro Fehlmann, associate Anna Capaul, junior associate Levy Corba (all corporate/m&a) and Laurent Riedweg (tax).