Francisco Partners makes $3.4 bln bet on VeriFone

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  • Hewlett-Packard sold VeriFone to Gores Group in 2001
  • GTCR acquired VeriFone via a recap in 2002
  • Francisco sold Hypercom to VeriFone in 2010
Francisco Partners, if it’s successful, will be the third private equity firm to own VeriFone Systems Inc. The San Francisco buyout shop said April 9 that it was leading an investor group to buy the San Jose, California, payment-tech company ...

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