Revel (now Shift4 SkyTab)
Shift4 completed its acquisition of Revel Systems on 13 June 2024, buying 100% of the common stock for $245.3 million of total purchase consideration per Shift4's annual report. The Revel brand is being sunset and new buyers are routed to Shift4 SkyTab. Pricing is quote-only.
Brand consolidation in progress: ask for SkyTab, not Revel. The $245.3 million figure is the total purchase consideration stated in Shift4's Form 10-K for FY2024, which is the number to cite; contemporaneous press coverage rounded the deal differently.
What this POS actually costs in Year 1.
*Representative buyer: 1 location · 2 terminals · $40K/mo card volume · ~600 transactions/mo.
No total: pricing is quote-only. Shift4 completed its acquisition of Revel Systems on 13 June 2024 for $245.3 million of total purchase consideration, and new buyers are routed to Shift4 SkyTab rather than to Revel.
Why this POS is priced this way.
Revel was a tablet-first POS that competed in mid-market hospitality through the 2010s. Shift4, a payment processor, bought it in 2024 and is consolidating it into SkyTab, its own restaurant POS brand. The structure is the same as Clover and Fiserv: the processor uses the POS as a channel to acquire the payment relationship, which is where the money is, and prices the software by quote because the software is not the product being sold.
What first-time buyers miss.
Do not specify Revel. A new buyer asking for Revel gets SkyTab, and the two are not interchangeable in features or roadmap, so a comparison built on Revel documentation is already out of date. Beyond that, a quote-only processor-owned POS is a deal where the card rate matters more than the software fee, and the software fee is the only thing you will be quoted first. Ask for the rate, the term, and what happens at the end of it.
Who this POS fits.
Existing Shift4 payment-processing customers extending into POS. Restaurant buyers comfortable with a quote-only process. Not for a greenfield buyer who wants to compare published prices, because there are none to compare.