By Greg Hazley
Sard Verbinnen & Co. and Joele Frank, Wilkinson Brimmer Katcher are working the $485M acquisition of electronic payment systems provider Hypercom Corp. by European rival VeriFone Systems.
The deal, announced Nov. 17, has been approved by the boards of both companies. VeriFone CEO Douglas Bergeron said his company made the deal to establish itself in Europe, where Hypercom is entrenched in the secure payments market.
SV&C managing director Paul Kranhold and principal John Christiansen, both based in San Francisco, are providing media support for VeriFone. MacKenzie Partners is backing up its internal IR unit.
JF partner Steve Frankel leads the firm’s team working with Hypercom’s VP of media and analyst relations Peter Schuddekopf. Innisfree M&A Inc. is backing up Hypercom’s IR team.
|