Shift4, a Lehigh Valley-based payments and commerce technology company, has announced its acquisition of Smartpay, a New Zealand credit card processing company, marking its first major transaction since Taylor Lauber took over as CEO earlier this month. The deal, valued at around $180 million and conducted in New Zealand dollars, is expected to close in the fourth quarter of 2025 pending regulatory approvals. Smartpay provides customized payment solutions to over 40,000 merchants across Australia and New Zealand. “This acquisition follows the Shift4 playbook to a tee,” Lauber stated, highlighting the company’s expanding presence in the Australia and New Zealand region. The acquisition will enable Shift4 to offer its comprehensive software and payments solutions in the region. Lauber’s appointment as CEO followed company founder Jared Isaacman’s nomination to lead NASA, after which Isaacman became executive chair. Following the announcement, Shift4’s shares rose 4.6% to $97.89 in Tuesday’s trading.
