Lighthouse Network Acquires Shift4 Corporation; Company Rebrands as Shift4 Payments

Lighthouse Network today announced the acquisition of Shift4 Corporation, provider of an independent payment gateway. Shift4 offers secure payment processing solutions, serving tens of thousands of clients across North America, including some of the most widely recognized brands in retail and hospitality such as Choice Hotels, Caesars Entertainment, Red Roof Inn, Sleep Number and the PGA Tour, among many others.

Lighthouse Network has also announced that the entire company will rebrand as Shift4 Payments. Lighthouse Network was established in 2017 to power numerous brands in the point-of-sale industry by providing payment processing and technology solutions, as well as shared corporate services. Shift4 Payments will replace the Lighthouse Network brand at the top of the organization and power the payment processing services for the company’s Harbortouch, Future POS, Restaurant Manager and POSitouch product brands. Citizens Bank acted as financial advisor to Lighthouse Network for the transaction.

Founded in 1994, Shift4 holds 11 patents for their proprietary payments technologies and is credited with inventing payment data tokenization. The company is also a leader in PCI-validated point-to-point encryption (P2PE), EMV and numerous other secure processing solutions. Shift4 processes in excess of $60 billion annually and, combined with the former Lighthouse Network, the organization will collectively process in excess of $100 billion a year in payments. The Shift4 platform has maintained 100% gateway system uptime since 2008 with fully redundant, geographically diverse data centers (hot/hot) powering its robust processing infrastructure. Shift4 also has over 300 unique software integrations supporting ISVs and merchants in a wide range of markets, including Food & Beverage, Hospitality, Retail and e-Commerce, with full Omni-commerce capabilities.