{"id":450466,"date":"2021-03-04T07:13:02","date_gmt":"2021-03-04T12:13:02","guid":{"rendered":"http:\/\/www.marketnewsdesk.com\/?p=450466"},"modified":"2021-03-04T07:13:02","modified_gmt":"2021-03-04T12:13:02","slug":"shift4-payments-announces-acquisition-of-venuenext-to-power-sports-stadiums-entertainment-venues-and-theme-parks","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/shift4-payments-announces-acquisition-of-venuenext-to-power-sports-stadiums-entertainment-venues-and-theme-parks\/","title":{"rendered":"Shift4 Payments Announces Acquisition of VenueNext to Power Sports Stadiums, Entertainment Venues and Theme Parks"},"content":{"rendered":"<p>        <!--.bwalignc { text-align: center; list-style-position: inside }\n.bwalignl { text-align: left }body {font:normal small Arial,Helvetica,sans-serif;color:#000;background-color:#fff;padding:24px;margin:0;} a img {border:0;} h3 {font-size:medium;color:#000;margin:0 0 1em 0; text-align:center;}-->  <\/p>\n<p class=\"bwalignc\"><b>Shift4 Payments Announces Acquisition of VenueNext to Power Sports Stadiums, Entertainment Venues and Theme Parks <\/b><\/p>\n<p class=\"bwalignc\"><b><i>VenueNext enhances Shift4\u2019s presence and capabilities in a number of large and growing verticals, while expanding the company into entirely new markets<\/i><\/b><\/p>\n<p class=\"bwalignl\">ALLENTOWN, Pa.&#8211;(<a href=\"http:\/\/www.businesswire.com\">BUSINESS WIRE<\/a>)&#8211;<br \/>\nShift4 Payments (NYSE: FOUR), a leading provider of integrated payment processing solutions, today announced the acquisition of VenueNext, a leader in next-generation mobile commerce, point-of-sale, and loyalty solutions for venues. This acquisition enhances Shift4\u2019s presence and capabilities in a number of large and growing verticals such as stadiums and arenas, while significantly expanding the company\u2019s total addressable market with entry into entertainment, universities, theme parks, airports, and other verticals.\n<\/p>\n<p id=\"news-body-cta\">This press release features multimedia. View the full release here: <a href=\"https:\/\/www.businesswire.com\/news\/home\/20210304005298\/en\/\" rel=\"nofollow\">https:\/\/www.businesswire.com\/news\/home\/20210304005298\/en\/<\/a><\/p>\n<p>\nVenueNext is used by teams in every major professional sports league, in addition to colleges and other business verticals such as amusement parks and corporate campuses, all of whom will now have access to the combined offering from Shift4. The company\u2019s product suite includes mobile ordering, full venue point-of-sale software, branded mobile applications (turnkey white label apps for teams \/ venues), and a mobile wallet \/ loyalty engine. This best-in-class mobile technology will add value across the entire Shift4 ecosystem.\n<\/p>\n<p>\nThis acquisition uniquely positions Shift4 as the only vertically integrated provider to power every aspect of in-venue commerce, including software (Mobile &amp; POS), transaction gateway, and payment processing capabilities. This one-stop-shop solution delivers a compelling value proposition to venues by reducing cost and complexity, similar to Shift4\u2019s end-to-end offering in other verticals.\n<\/p>\n<p>\n\u201cAt Shift4, we thrive on eliminating complexity and reducing cost for the most demanding commerce environments. We have taken the same successful vertically-integrated strategy that has served us incredibly well in the hospitality and restaurant industries, and brought it to eCommerce with Shift4Shop and now to sports stadiums, entertainment venues and theme parks with this exciting acquisition,\u201d said Jared Isaacman, Shift4 Payments CEO. \u201cWe couldn\u2019t be more excited to welcome VenueNext to the Shift4 organization. We love their focus on the \u2018fan &amp; patron experience\u2019 and making commerce simple and more enjoyable. In addition to jointly pursuing new opportunities, we intend to immediately offer Shift4\u2019s end-to-end payments solution to VenueNext\u2019s sizeable existing customer portfolio which spans across virtually every category of large venue across the country and internationally.\u201d\n<\/p>\n<p>\nFor additional information about this acquisition, you can view the VenueNext Acquisition Overview presentation available at <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Finvestors.shift4.com%2Fevents-and-presentations&amp;esheet=52390616&amp;newsitemid=20210304005298&amp;lan=en-US&amp;anchor=https%3A%2F%2Finvestors.shift4.com%2Fevents-and-presentations&amp;index=1&amp;md5=ef49dcb05db7e4b1b737a5c8b0a49d1d\">https:\/\/investors.shift4.com\/events-and-presentations<\/a>.\n<\/p>\n<p><b>About Shift4 Payments<\/b><\/p>\n<p>\nShift4 Payments (NYSE: FOUR) is a leading provider of integrated payment processing and technology solutions, delivering a complete omnichannel ecosystem that extends beyond payments to include a wide range of commerce-enabling services. The company\u2019s technologies help power over 350 software providers in numerous industries, including hospitality, retail, F&amp;B, ecommerce, lodging, gaming, and many more. With over 7,000 sales partners, the company securely processed more than $200 billion in payments volume for over 200,000 businesses in 2019. For more information, visit <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.shift4.com%2F&amp;esheet=52390616&amp;newsitemid=20210304005298&amp;lan=en-US&amp;anchor=shift4.com&amp;index=2&amp;md5=e71199c7f448b332811e8454aa9c4160\">shift4.com<\/a>.\n<\/p>\n<p><b>About VenueNext<\/b><\/p>\n<p>\nVenueNext is a next-generation point-of-sale company transforming the way consumers shop, purchase, and pay. Their ecosystem of products combines physical and digital solutions to create a frictionless shopping experience, offering products such as point-of-sale solutions, online ordering, branded apps, and branded payments. VenueNext&#8217;s powerful platform makes commerce simple for consumers \u2013 and easy for brands to incentivize and reward their most valuable customers for their loyalty. VenueNext began in 2014 with Levi&#8217;s\u00ae Stadium and the San Francisco 49ers and has since gone on to power mobile-first, frictionless commerce in Arenas and Stadiums, Theme Parks, Universities, Corporate Cafes and Theaters.\n<\/p>\n<p><img decoding=\"async\" alt=\"\" src=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20210304005298r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\" style=\"width:0;height:0\" \/><span class=\"bwct31415\" \/><\/p>\n<p id=\"mmgallerylink\"><span id=\"mmgallerylink-phrase\">View source version on businesswire.com: <\/span><span id=\"mmgallerylink-link\"><a href=\"https:\/\/www.businesswire.com\/news\/home\/20210304005298\/en\/\" rel=\"nofollow\">https:\/\/www.businesswire.com\/news\/home\/20210304005298\/en\/<\/a><\/span><\/p>\n<p>\nNate Hirshberg<br \/>\n<br \/>Vice President, Marketing<br \/>\n<br \/>Shift4 Payments<br \/>\n<br \/><a rel=\"nofollow\" href=\"mailto:nhirshberg@shift4.com\">nhirshberg@shift4.com<\/a><\/p>\n<p>\nJames McCusker<br \/>\n<br \/>Managing Director<br \/>\n<br \/>Solebury Trout<br \/>\n<br \/><a rel=\"nofollow\" href=\"mailto:jmccusker@soleburytrout.com\">jmccusker@soleburytrout.com<\/a><\/p>\n<p><b>KEYWORDS:<\/b> United States North America Pennsylvania<\/p>\n<p><b>INDUSTRY KEYWORDS:<\/b> Professional Services Online Retail Retail Technology Software Finance Banking<\/p>\n<p><b>MEDIA:<\/b><\/p>\n<table cellpadding=\"3\" cellspacing=\"3\">\n<tr>\n<td><font face=\"Arial\" size=\"2\"><b>Logo<\/b><\/font><\/td>\n<\/tr>\n<tr>\n<td><img decoding=\"async\" src=\"https:\/\/mms.businesswire.com\/media\/20210304005298\/en\/635011\/3\/Shift4-Payments-Lockup-400.jpg\" alt=\"Logo\" \/><\/td>\n<\/tr>\n<tr>\n<td><font face=\"Arial\" size=\"2\"><\/font><\/td>\n<\/tr>\n<tr>\n<td><font face=\"Arial\" size=\"2\"><b>Logo<\/b><\/font><\/td>\n<\/tr>\n<tr>\n<td><img decoding=\"async\" src=\"https:\/\/mms.businesswire.com\/media\/20210304005298\/en\/863164\/3\/4924043_VN_S4.jpg\" alt=\"Logo\" \/><\/td>\n<\/tr>\n<tr>\n<td><font face=\"Arial\" size=\"2\"><\/font><\/td>\n<\/tr>\n<\/table>\n","protected":false},"excerpt":{"rendered":"<p>Shift4 Payments Announces Acquisition of VenueNext to Power Sports Stadiums, Entertainment Venues and Theme Parks VenueNext enhances Shift4\u2019s presence and capabilities in a number of large and growing verticals, while expanding the company into entirely new markets ALLENTOWN, Pa.&#8211;(BUSINESS WIRE)&#8211; Shift4 Payments (NYSE: FOUR), a leading provider of integrated payment processing solutions, today announced the acquisition of VenueNext, a leader in next-generation mobile commerce, point-of-sale, and loyalty solutions for venues. This acquisition enhances Shift4\u2019s presence and capabilities in a number of large and growing verticals such as stadiums and arenas, while significantly expanding the company\u2019s total addressable market with entry into entertainment, universities, theme parks, airports, and other verticals. This press release features multimedia. View the full release here: https:\/\/www.businesswire.com\/news\/home\/20210304005298\/en\/ &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/shift4-payments-announces-acquisition-of-venuenext-to-power-sports-stadiums-entertainment-venues-and-theme-parks\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Shift4 Payments Announces Acquisition of VenueNext to Power Sports Stadiums, Entertainment Venues and Theme Parks&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-450466","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Shift4 Payments Announces Acquisition of VenueNext to Power Sports Stadiums, Entertainment Venues and Theme Parks - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/shift4-payments-announces-acquisition-of-venuenext-to-power-sports-stadiums-entertainment-venues-and-theme-parks\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Shift4 Payments Announces Acquisition of VenueNext to Power Sports Stadiums, Entertainment Venues and Theme Parks - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"Shift4 Payments Announces Acquisition of VenueNext to Power Sports Stadiums, Entertainment Venues and Theme Parks VenueNext enhances Shift4\u2019s presence and capabilities in a number of large and growing verticals, while expanding the company into entirely new markets ALLENTOWN, Pa.&#8211;(BUSINESS WIRE)&#8211; Shift4 Payments (NYSE: FOUR), a leading provider of integrated payment processing solutions, today announced the acquisition of VenueNext, a leader in next-generation mobile commerce, point-of-sale, and loyalty solutions for venues. This acquisition enhances Shift4\u2019s presence and capabilities in a number of large and growing verticals such as stadiums and arenas, while significantly expanding the company\u2019s total addressable market with entry into entertainment, universities, theme parks, airports, and other verticals. This press release features multimedia. View the full release here: https:\/\/www.businesswire.com\/news\/home\/20210304005298\/en\/ &hellip; Continue reading &quot;Shift4 Payments Announces Acquisition of VenueNext to Power Sports Stadiums, Entertainment Venues and Theme Parks&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/shift4-payments-announces-acquisition-of-venuenext-to-power-sports-stadiums-entertainment-venues-and-theme-parks\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2021-03-04T12:13:02+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20210304005298r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/shift4-payments-announces-acquisition-of-venuenext-to-power-sports-stadiums-entertainment-venues-and-theme-parks\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/shift4-payments-announces-acquisition-of-venuenext-to-power-sports-stadiums-entertainment-venues-and-theme-parks\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"Shift4 Payments Announces Acquisition of VenueNext to Power Sports Stadiums, Entertainment Venues and Theme Parks\",\"datePublished\":\"2021-03-04T12:13:02+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/shift4-payments-announces-acquisition-of-venuenext-to-power-sports-stadiums-entertainment-venues-and-theme-parks\\\/\"},\"wordCount\":666,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/shift4-payments-announces-acquisition-of-venuenext-to-power-sports-stadiums-entertainment-venues-and-theme-parks\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/cts.businesswire.com\\\/ct\\\/CT?id=bwnews&amp;sty=20210304005298r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/shift4-payments-announces-acquisition-of-venuenext-to-power-sports-stadiums-entertainment-venues-and-theme-parks\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/shift4-payments-announces-acquisition-of-venuenext-to-power-sports-stadiums-entertainment-venues-and-theme-parks\\\/\",\"name\":\"Shift4 Payments Announces Acquisition of VenueNext to Power Sports Stadiums, Entertainment Venues and Theme Parks - 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This acquisition enhances Shift4\u2019s presence and capabilities in a number of large and growing verticals such as stadiums and arenas, while significantly expanding the company\u2019s total addressable market with entry into entertainment, universities, theme parks, airports, and other verticals. This press release features multimedia. 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